India second largest smartphone market by 2019: Study | HT Tech

India second largest smartphone market by 2019: Study

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.

By:IANS
| Updated on: Sep 23 2014, 11:52 IST
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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 percent in 2015, it added.

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

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The world's top 20 countries will account for 80 % of the global smartphone volumes in 2015, up from 75 % in 2007.

Asia Pacific will continue to drive growth, accounting for 54 % 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.

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First Published Date: 23 Sep, 11:50 IST
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