In 2016, Samsung captured 28.52% phone market in India: Report

Samsung Galaxy Grand Duos I9082 most traded phone in 2016, according to e-commerce app Cashify

In 2016, Samsung captured 28.52% phone market in India: Report
IANS New Delhi
Last Updated : Dec 10 2016 | 2:21 PM IST

Capturing 28.52 per cent of the Indian mobile phone market, South Korean giant Samsung sold maximum number of devices in 2016, followed by Apple iPhone 14.87 per cent and Motorola with 10.75 per cent, a new report said on Saturday.

According to e-commerce app Cashify, Samsung Galaxy Grand Duos I9082 was the most traded phone in 2016, capturing 3.02 per cent of the resale/buyback market.

"This was followed by the Moto family's most successful phone of the year, Moto G 16GB (2nd Gen), with 2.71 per cent. Apple iPhone 5s 16GB (factory unlocked) came in third with a 2.34 per cent share," the report said, while noting device-wise distribution.

Other players, such as the OnePlus One 64 GB (1.78 per cent), also made their presence felt.

"With a minefield of flagship launches, the resale market picked up pace in the last few months as the number of people queuing up to trade their old smartphones with the latest market entrants went up significantly," the report stated.

With a slew of smartphone launch announcements lined up for 2017, Cashify expects the resale market to show further growth as more and more people become aware of the resale value of their old phones.

Recently, Cashify ranked Delhi number one when it came to upgrading smartphones with 19 per cent of online requests generated on the e-commerce app Cashify to sell used smartphones were from the capital.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 10 2016 | 2:21 PM IST

Next Story