India’s population, which triples that of the United States, has created a ravenous market for the smartphone industry. Whereas the US really only has four major carriers, a proportional twelve battle over subscribers and contract holders in India. This fierce competition combines with other factors to make India’s phone bills some of the least expensive in the world. It’s no surprise that smartphone manufacturers and service providers in every time zone are turning an interested eye to this smartphone-hungry nation.
Although the US remains a major market for flagship and high-end devices, mid-range and entry-level manufacturers are having far more success in the continent of Asia. Bulk sales and mass usership speak for themselves. After all, India has had more smartphone users than the US since – are you ready for this? – 2008. In the ~8 years between then and now, US smartphone usage has increased only by about 100 million users. In the same time frame, India has seen a number of new smartphone subscribers that surpasses the total population of the United States. Almost times two.
By:
Review: Emerging Market Formulations & Research Unit, Flagship Records.
For The #FacebookTeam