About 62 percent of all the mobile phones to be sold in India in 2018 will be smartphones: Gartner

Smartphones are expected to account for 62 percent of all mobile phones sales in the country in 2018, backed by increasing demand for these devices and governments push for digital currency.


Smartphones are expected to account for 62 percent of all mobile phones sales in the country in 2018, backed by increasing demand for these devices and governments push for the digital currency, according to research firm Gartner. "As the Indian cellular market goes through consolidation and aggressive 4G rollout, demand for smartphones will continue to grow," the report said.

"With smartphone penetration maturing in many developed markets, continued growth in the world's 3rd largest smartphone market makes India an attractive market. Smartphones in India are expected to account for 62 percent of all mobile phones sales in the country in 2018," it said. The report also said with increased push from the government for digital currency, as well as people becoming more open to using digital payment methods, the rise of digital currency is bringing a new use case for smartphones, which will trigger higher demands for smartphones.

Global vendors like Samsung and Apple have made plans to grow their shares in the market, while major Chinese manufacturers, such as Gionee, Huawei, Oppo, Vivo, Xiaomi, Lenovo, have committed big investments to exploit the growth opportunity, it said. "With an exclusive focus on the market from the device manufacturers, we expect more customised smartphones to come to market and remain key to win in this highly competitive market," Gartner research director Anshul Gupta said.

The firm observed that consumers are now willing to spend more to get a smartphone with better features than simply rushing for lowest price smartphones.


Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.