Smartphone prices in India may fall by 11 percent year-on-year in 2015 with demand for 4G devices capturing 6 percent of the smartphone unit demand, research firm GfK said. Besides, India would be the largest contributor to smartphone sales growth globally, it added.
In the second quarter of 2015, global smartphone sales in value terms was up 7 percent year-on-year, while in volume terms, it grew 5 percent year-on-year, GfK said in a statement.
“4G unit share was 58 percent globally in the second quarter of 2015, up from 26 percent in the second quarter of 2014. This represents a unit growth of 129 percent year-on-year, with China leading the global 4G ramp up,” it added.
Contributed By Sonia Narula