India Registers Highest Smartphone Growth, Now 3rd Largest Market In World!
The East is gaining prominence, not only in selling smartphones, but buying them as well. According to quarterly smartphone shipment estimates, India’s smartphone shipments grew a whooping 129 percent in second quarter of 2013 as compared to same quarter last year.
In Q2, 2012 India witnessed 3.9 million shipments, this figure grew to 9 million in Q2, 2013. With this growth India has now become the 3rd largest Smartphone market in the world.
Among the major smartphone markets, only China and India registered triple digit growth, while US registered 36 percent. Smartphone growth in Japan has slowed down to 25 percent. All the smartphone markets (other than Top 5) registered an average growth of 22 percent only.
Overall Smartphone sales grew 50 percent with shipments growing from 158.3 million in Q2 of 2012 to 238.1 million in Q2 of 2013.
The Canalys report also points out that Samsung took over third of the Indian smartphone market in this quarter, followed by local vendor Micromax at 22%. Karbonn, Sony and Nokia made up the top five smartphone vendors in the country.
East is not only gaining prominence in Smartphone purchase, but also in sales. China’s top 5 vendors account for nearly 20 percent of all the smartphones sold in the world.
Samsung was the largest smartphone vendor with 75.6 million shipments followed by Apple (31.2 mln) and Lenovo (11.3 mln).
It is interesting to note that IDC also had released their quarterly smartphone sales figures few days back, and the numbers given by them and Canalys show some differences. According to IDC, Samsung grew by 43 percent as compared to Canalys 55 percent.
IDC puts LG as the 3rd largest smartphone vendor with 12.1 million units shipped in Q2 2013 as compared to Canalys 10.7 million who place them 5th behind Samsung, Apple, Lenovo & Yulong. See IDC report here.
Interestingly the overall smartphone shipment sales figures match quite closely to each other (IDC’s 237.9 mln compared to 238.1 mln of Canalys).