(AppleNews247.Com, November 01, 2017 ) By 2020, smartphone shipment in India is expected to reach a value of 210.5 million units growing at a CAGR of ~17.5% from 2016. Publisher' latest market research report Smartphone Market in India 2017 highlights the soaring adoption of smartphones in the country due to favorable demographics and changing consumer behavior.
With the increased economic growth, the corporate segments of various verticals are expanding their operations further and also creating newer business opportunities for several entrepreneurs in the country.
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Smartphone Market in India-Key Growth Factors
Foreign companies have realized the opportunity in India for smartphone devices and have brought in a number of low cost devices specific to the Indian market. On the other hand, domestic handset companies are targeting to capture larger market share in the country with budget smartphones.
Complete report is available at http://www.reportsweb.com/smartphone-market-in-india-2017
Smartphone Market in India-Threats and Key Players
In Nov 2016, demonetization had hit the smartphone market at almost all levels including the customer demand and stock movement in the distribution channels across India. However, the premium smartphone segment saw some growth during the weeks following demonetization.
Trade Analysis
1. Export of Milk and Cream, Not Concentrated nor Containing Added Sugar or Other Sweetening Matter (Value-Wise; FY 2013-FY 2017 (Apr-Feb))
2. Country-Wise Exports of Milk and Cream, Not Concentrated nor Containing Added Sugar or Other Sweetening Matter (Value-Wise: FY 2015)
3. Country-Wise Exports of Milk and Cream, Not Concentrated nor Containing Added Sugar or Other Sweetening Matter (Value-Wise: FY 2016)
4. Import of Preparations of Milk and Cream, Not Concentrated nor Containing Added Sugar or Other Sweetening Matter (Value-Wise; FY 2013-FY 2017 (Apr-Feb))
5. Country-Wise Imports of Milk and Cream, Not Concentrated nor Containing Added Sugar or Other Sweetening Matter (Value-Wise: FY 2015)
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