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India to be second largest smartphone market by 2019: Study

India to be second largest smartphone market by 2019: Study

Boston-based global market research firm Strategy Analytics also said global smartphone sales will grow 13 per cent in 2015.

Photo: Reuters Photo: Reuters

India is poised to surpass the United States to become the second largest smartphone market by 2019, according to a latest report by Boston-based global market research firm Strategy Analytics.

Beating the slowdown trends, global smartphone sales will grow 13 per cent in 2015, it added.

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"China and the US will remain the largest smartphone sales countries by 2014, making up 43 per cent of global volumes," the report said.

The world's top 20 countries will account for 80 per cent of the global smartphone volumes in 2015, up from 75 per cent in 2007. Asia Pacific will continue to drive growth, accounting for 54 per cent of the global volumes in 2015.

Central Latin America and Africa Middle East will see strong smartphone growth by 2020 and will play the role of a new growth engine for global market, it said.

 

Published on: Sep 23, 2014, 11:07 AM IST
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