India Smartphone Markets (Q3 2013) – IDC
Indian smartphone markets is witnessing explosive growth in the smartphone segment primarily driven by lower priced smartphones from domestic handset makers are eating into market share of feature phones in India. IDC’s Q3 2013 report records increase in smartphone numbers by 229% (YoY) to clock 12.8 mln units in Q3, 2013.
The overall mobile phone market (Feature Phones and Smartphones) had a 12% growth YoY and a 7% growth quarter over quarter (QoQ) with the share of feature phones sliding further to make 81% of the total market in 3Q13 despite the feature phone market growing at 3% in 3Q2013 over 2Q2013.
The growth trend in smartphones is expected to continue in the future because of the narrowing price points between high end feature phones and the entry price point of low end smartphones.