Monday, January 9, 2012

Smartphone industry in India

NEW YORK, USA: Reportlinker.com announced that a new market research report is available in its catalog -- India Smartphone Market & Operating System Analysis Forecast.

India is rapidly emerging as a rewarding market for the smartphone industry. It had a market of more than Rs. 50 billion in 2010. By 2016 smartphone sales is expected to reach approximately 30 million units. Nokia was the leading player in 2010 holding more than twice the market share from its nearest rival Blackberry. But due to major glitches in Nokia smartphone performances its market share has taken a severe beating in 2011 and its market share has reduced by 12.3 percent from the previous year. Samsung capitalizing on this opportunity had captured more than 30 percent smartphone market share; thus becoming the second biggest player in 2011.

From our research report findings Symbian operating system was the leader in 2010 with highest market share. But in 2011, Android operating system has left Symbian operating system far behind with twice its market share. After the launch of 3G services smartphone application market has got major boost in India. User using smartphone for accessing social networking expects to be more than 70 million by 2014. Location Based Service (LBS) application market is growing with 86.6 percent for the period of 2007 to 2012.

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