Sales of 4G smartphones expected to rise in India!
Posted on: 18/May/2015 2:36:02 PM
Survey conducted by an international market research company, GfK has informed that the sales of 4G handsets in India is expected to increase to 7% of total smartphone sales in the country this year.
The survey estimates that in the first quarter of 2015, 4G share in both (India and Indonesia) was well below the global average, at 4% and 7%, respectively. 4G unit share within smartphones is expected to reach 7% in India and 10% in Indonesia in 2015.
However, this survey report did not provide India specific smartphone sales number.
As per Cybermedia Research, smartphone sales in India dipped 7% in the first quarter this year to 19.5 million units.
The reason for the dip in sales is attributed to change in duty structure and restricted supplies from China.
In comparison of sales for the same quarter last year, smartphone sales were up by 7% to 309.7 million.
The growth of smartphone sales in India and Indonesia is also expected to be helped by an expanding 4G network.
As compared to the same period of 2013, this growth was over 19% in first quarter of 2014.
The sales value of smartphones increased 8% to $96.2 billion during the quarter on year-on-year basis from $89.2 billion.
