Indian Phone Market Will Be The Only One To Grow Next Year, According to Analysis

According to the report of the Indian ‘Economic Times,’ next year, Indian will likely to be the major phone market that continues growing, while the Chinese market may see a decline while the US market could remain the same.

Cyber Media India and Counterpoint also previously reported that the sale figure of the smartphone market in India may reach up to 160 million in the upcoming year. In 2018, there were 150 million devices shipped worldwide, and that was a 12 percent increase over last year’s which was 134 million devices. Tarun Pathak, Assistant Director at Counterpoint, also said that while the number of smartphones sold in India saw a 12 percent increase, the global phone sale figure will see a decline for the first time in 2018. And the leading phone vendors in the world at the moment are Huawei, Apple, and Samsung.

Xiaomi is predicted to once again be the leader in the Indian smartphone market in 2019

Many reports have shown that the Chinese phone maker Xiaomi and the Korean giant Samsung are sharing the leading position in the phone market in India. These two phone vendors occupied a total market share in India of over 50 percent in 2018. In the upcoming year, it’s expected that these two phone makers will be again fighting for to the #1 spot in the Indian smartphone market. As for the China-based Xiaomi, the company claims the first place for five years in a row in India. In next year, there are many reasons showing that the Chinese company may claim the throne for another year.

Early this month, IDC (International Data Corporation) release a new report declaring that the phone market in China has shown some signs of rebound, the number of shipments will remain unchanged in the next year and will likely to increase again after 2020.

IDC also suggests that the number of global phone shipments may decline in 2018, but will increase by 2.6 percent in the upcoming year. The overall trend of phone shipments in China will most likely be consistent with the global market’s, both of which are in decline, and the IDC believes that it will reduce by 8.8 percent.