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Wireless

India is the fastest growing smartphone market - study

Tuesday 13 February 2018 | 11:20 CET | News
The Indian smartphone market saw a 14 percent annual growth, reaching total shipments of 124 million units in 2017. This makes India the fastest growing market amongst the top 20 smartphone markets globally, according to a report from IDC. The report further indicates that the Indian smartphone market resumed its double-digit growth after a temporary slowdown in 2016 caused by demonetization and a shortage of smartphone components. This contrasts with China, the world's largest smartphone market that saw its first decline this year, while the USA market was flat.

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Categories: Mobile & Wireless
Countries: India
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