According to a study by market research group IDC, Mobile phone market in India grew to 218 million units, a 16 per cent year-on-year growth from CY 2011. Smartphone in the country grew by 48 per cent to 16.3 million in 2012 against 11 million in 2011.
Local vendors have remained dominant in sub-$100 price band while they pose serious competition to the global vendors in the $100—200 price band.
Android continues to be the dominant player in the Indian smartphone market.
As per IDC. the mobile phone market is expected to continue its growth into 2013, driven by the stupendous growth of close to 70 per cent in the smartphone market.”
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