|11-06-2018 05:57 AM CET - Advertising, Media Consulting, Marketing Research||
Smartphone Market is Booming in India with Leading Key Players- Samsung, Oppo, Vivo
Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
HTF Market Intelligence released a new research report of 54 pages on title 'Smartphone Market in India 2017' with detailed analysis, forecast and strategies. The study covers important players such as Apple India Pvt. Ltd., Samsung India Electronics Pvt. Ltd., Vivo Mobile India Pvt. Ltd., Lava International Ltd., Oppo Mobiles India Pvt. Ltd. and Micromax Informatics Ltd.
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By 2020, smartphone shipment in India is expected to reach a value of 210.5 million units growing at a CAGR of 17.5% from 2016. HTFs' latest market research report Smartphone Market in India 2017 highlights the soaring adoption of smartphones in the country due to favorable demographics and changing consumer behavior.
With the increased economic growth, the corporate segments of various verticals are expanding their operations further and also creating newer business opportunities for several entrepreneurs in the country.
Smartphone Market in India - Key Growth Factors
Foreign companies have realized the opportunity in India for smartphone devices and have brought in a number of low cost devices specific to the Indian market. On the other hand, domestic handset companies are targeting to capture larger market share in the country with budget smartphones.
Increasing trend of social network usage among the young Indian population for communication and sharing media content is also driving the growth of the smartphone market in India. Celebrity endorsements, along with huge sponsorship campaigns by brands such as Oppo and Gionee have helped improve the perception of Chinese brands among Indian consumers which is aiding the growth of these brands in the Indian market.
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Smartphone Market in India - Threats and Key Players
In Nov 2016, demonetization had hit the smartphone market at almost all levels including the customer demand and stock movement in the distribution channels across India. However, the premium smartphone segment saw some growth during the weeks following demonetization.
The leading companies operating in the global smartphone market includes Apple India Pvt. Ltd., Samsung India Electronics Pvt. Ltd., Vivo Mobile India Pvt. Ltd., Lava International Ltd., Oppo Mobiles India Pvt. Ltd. and Micromax Informatics Ltd.
What’s covered in the report?
Overview of the global smartphone market and estimated market size data in terms of unit shipments over 2015 to 2020
Market share of top Indian and Chinese smartphone manufacturing companies (2016)
Market dynamics through major trends prevalent in the market
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive landscape and detailed profiles of major public and private players
Key recent developments associated with the smartphone market in India
Get a broad understanding of the smartphone market in India, the dynamics of the market and the current state of the industry
Learn about the major developments in the smartphone market in India
Understand major competitors' business and market dynamics, and respond accordingly
Be informed regarding the key areas of opportunity in the smartphone market in India
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Table Of Content
Slide 1: Executive Summary
Slide 2: GDP at Factor Cost: Quarterly (2011-12 - 2014-15), Inflation Rate: Monthly (Jul 2013 - Dec 2013)
Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Apr 2014 - Sep 2014)
Slide 4: Lending Rate: Annual (2011-12 - 2014-15), Trade Balance: Annual (2010-11 - 2013-14), FDI: Annual (2009-10 - 2012-13)
Slide 5-7: Smartphone - Overview, Major Smartphone Platforms
Slide 8-10: Market Overview - Global, Market Overview - India
Drivers & Challenges
Slide 11: Drivers and Challenges - Summary
Slide 12-18: Drivers
Slide 19: Challenges…………Continue
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