# India to have over 700 million smartphone users by 2022: Counterpoint | Tech News (HT Tech)
> The increase in smartphone users is attributed to the growing demand of smartphones priced around ₹10,000.
# India to have over 700 million smartphone users by 2022: Counterpoint
## The increase in smartphone users is attributed to the growing demand of smartphones priced around ₹10,000.
Aug 20 2022, 10:59 IST
India is the second largest smartphone market in the world after China. (HT File Photo)
### By INDO ASIAN NEWS SERVICE
More than a billion smartphones will be sold in India over the next five years, taking the number of users to surpass 700 million by 2022, Counterpoint Research said on Friday.
Mid-range smartphones (roughly ₹14,000- ₹29,000), will grow 20% (year-on-year) in 2018 and by almost four times during the next five years to make it one of the most important smartphone segments in India, the market research firm added.
The sales volume sweet spot is moving from sub-$150 (nearly ₹10,000) segment towards mid-tier as many features and capabilities common among flagship models, progressively diffuse through to these lower price bands, noted Counterpoint's white paper on "India Mid-Tier Smartphone Segment and opportunity for SoC players".
Also read
click here.
"Features such as full-screen displays, dual-cameras, biometric security and support for Artificial Intelligence (AI) are beginning to make in-roads to the mid-range. They will become widespread over the next few years," said Tarun Pathak, Associate Director at Counterpoint Research.
Many of these advanced features will be enabled and enhanced through the evolution of the underlying System-on-Chip (SoCs) and other components.
"These features will help OEMs to differentiate their offerings in the mid-tier segment at a time when overall smartphone innovation is perceived to have plateaued," Pathak added.
India is the second largest smartphone market in the world after China. It has just surpassed 400 million smartphone users. However, this accounts for just 44% of the potential total addressable market for smartphones as the country is underpenetrated relative to many other markets.
"Part of this lack of development can be attributed to the poor relative development of data-capable mobile networks and high data pricing. Upstart operator, Reliance Jio, has catalysed a rapid shift toward 4G LTE, together with much more accessible data pricing," noted Research Director Neil Shah.
Looking at the competitive environment, the top five brands contributed to 92% share of the mid-tier segment in India. Samsung, Vivo, Apple, OPPO and Huawei were the leading brands in the first half of 2018.
"However, we expect competition to increase in the segment as more brands enter including Xiaomi, Asus, Nokia HMD and others," said the white paper.
The role of SoC players is critical to unlocking the potential of the mid-tier market segments.
If done successfully, we believe the mid-tier segments will grow almost four times in volume over the next five years in India. To enable this growth, cutting-edge solutions such as Qualcomm's Snapdragon 710 are required on a broad scale.
"Qualcomm already has a strong presence in key brands in the mid-tier. The Snapdragon 710 can further strengthen Qualcomm's share within key brands in the mid-tier segments as it has in the $100-$200 lower-tier segment," the white paper added.
Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.
28 Sept, 17:30 IST
counterpoint research
71,589,384,009,863
NEXT ARTICLE BEGINS
## Tips & Tricks
### How to turn your photos into Ghibli-style art with ChatGPT for free: Step-by-step guide
### How to create an invitation using iPhone’s new Apple Invites app- Step-by-step guide
### Apple TV app arrives on Android phones and tablets: What you get and how to install it
### Vodafone Idea users can now stream 17 OTT apps with one subscription: Here's how
### How to transfer data from one Android to another using Google backup, USB-C cable, and more
## Editor’s Pick
### iPhone 16e launched in India: All details about the new budget mobile from Apple
### DeepSeek AI: How it works, who’s behind it, how it’s different from ChatGPT, and its big US market impact explained
### iPhone 17 Air likely to get this feature that iPhone 17 Pro models may miss out on
### Google Whisk AI explained: How remixing works, availability, and how it differs from Gemini
### iOS 18.4 beta arriving soon: Know why it is the biggest iPhone update
## Trending Stories
### Airtel 5G SIM card will now be delivered in 10 minutes with Blinkit- How to order
### Infinix Note 50s 5G+ set to launch in India with 64MP camera and MediaTek Dimensity 7300 SoC
### Xiaomi X Pro QLED Series sale starts in India: Check price, availability, and more
### Apple plans to train AI using your on-device data without accessing personal content or emails: Report
### CMF Buds 2 key features and price revealed ahead of April 28 launch: Details inside
keep up with tech
## Gaming
### Top 5 gaming monitors under ₹20000 you should consider
### Grab gaming consoles at discounted rates during Amazon Great Indian Festival: Up to 72% off
### Pokémon GO Wild Area 2025 to bring Grimmsnarl family, Shiny Hatenna, and global challenges
### Shade Silver free on Steam for a limited time: Here’s how to get it
### Call of Duty: Black Ops 7 skips Switch 2 at launch, release date and price leak
## Trending News
### Airtel 5G SIM card will now be delivered in 10 minutes with Blinkit- How to order
### Infinix Note 50s 5G+ set to launch in India with 64MP camera and MediaTek Dimensity 7300 SoC
### Xiaomi X Pro QLED Series sale starts in India: Check price, availability, and more
### Apple plans to train AI using your on-device data without accessing personal content or emails: Report
### CMF Buds 2 key features and price revealed ahead of April 28 launch: Details inside
## Trending Gadgets
Mobiles
Laptops
Tablets
- https://tech.hindustantimes.com/tech/news/india-to-have-over-700-million-smartphone-users-by-2022-counterpoint-story-LE3obvQ0TRghPhUKXhmfIJ.html