India's Smartphone revolution:

India's smartphone market is booming and has now attention of all major companies around the world. India is the only country in World that has shown the highest potential to become a successful digital economy. Few days back while reading another article about the same thing, I thought to present my own view on the same. Being an engineer I always liked the point system.

1. One billion people in India do not even own a smartphone.

2. 600 million mobile phone usser and 350 million of them have smartphone, according to counterpoint research.

3. 66% of mobile ussers are still don't have internet access. But, that wont be an issue for a long term because of the present price war going on in country between telecos. India has cheapest data rates in the world.

4. India has lot of languages, so that pose as a roadblock for growth. As internet is still in english for lot of Indian consumers, so it acts as a gatekeeper. But, companies like micromax(Indian Smartphone Manufacturer) is working with the developers of Indus OS to bring the next big change.

5. Unlike US markets where Apple and Samsung account for 70% of the smartphone market. India is open to new entrants and are doing quite well in accepting new companies with open arms.

Comments

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