India to be second largest smartphone market by 2019: study
Says global smartphone sales to grow 13% in 2015
India will beat United States to become the second largest smartphone market by 2019, according to a latest report by Boston-based global market research firm Strategy Analytics.
Beating the slowdown trends, global smartphone sales will grow 13% in 2015, it added.
"China and the US will remain the largest smartphone sales countries by 2014, making up 43% of global volumes," the report said.
The world's top 20 countries will account for 80% of the global smartphone volumes in 2015, up from 75% in 2007.
Asia Pacific will continue to drive growth, accounting for 54% of the global volumes in 2015.
Central Latin America and Africa Middle East will see strong smartphone growth by 2020 and will play the role of a new growth engine for global market, it said.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 23 2014 | 10:18 AM IST
