Interesting Facts About Smartphone Market In India
Reliance Lyf, the new smartphone brand emerges as the fifth largest smartphone vendor in India. According to Q1 2016 figures from the detailed research studies it has been revealed that Reliance Lyf brings in manifold amazing features helping the users to get smarter options. Lyf brings in about 7% market share and it’s known that Reliance is running a test service for RJio 4G LTE services that’s on the way to get launched. It even competed with Micromax and Lenovo staying ahead in the competition that’s the positive approach from Reliance Lyf.
Tarun Pathak who’s a senior analyst at Counterpoint said “In first quarter of its inception, LYF instantly climbed to become one of the top five smartphone brands in India in terms of shipment volumes. Jio with its massive LTE network and scale could be the key player to watch out for as it has already become the second largest LTE phone supplier during the quarter.”
At the very moment the operator begins the marketing in full fledge the Q2 2016 figures would come out divulging the real time facts about the smartphone from Reliance. On the other hand, Samsung comes up on the top list due to the amazing performance of Galaxy S7/S7 Edge and the most popular J Series.
Alongside, Apple goes ahead with a record of 62% that’s being achieved in the 1st quarter even after they came out with negative results in the global market for iPhones. Pathak even said that the smartphone market in India is quite on demand and new smartphones got entry with smarter features that inspired users to get the new ones. Also, the smartphones showed good pricing through the entire quarter that reveals the strong demand in the market. There has been a high demand for LTE smartphones and the 4G LTE capability consists of a 5 inch screen. Most of the smartphones that were shipped in India are phablets as divulged from the statistics in the recent studies.
According to Richardson about more than a billion of new smartphones would get sold in India in the upcoming years. He uttered the words “This will drive the number of smartphone users from quarter of a billion to more than half a billion in the same time period, which will still be just 55 per cent of the total population.” In the mean time, Microsoft has lost a major market share and is now accounting for less than a percentage as of in Q1 2016.
