India Overtakes US to Become Second Largest Smartphone Market: Report

Posted on:28 Oct 2017 15:19:02
India Overtakes US to Become Second Largest Smartphone Market: Report
28 October 2017 Current Affairs: India overtake the US to become the world’s second-largest smartphone market, trailing only China, according to a new report by analyst firm Canalys.

In the second quarter of 2017, India’s smartphone market recovered quickly with shipments growing 23% year-on-year in the third quarter to reach just over 40 million units.

Low smartphone penetration and the explosion of LTE (long-term evolution, or 4G) are the main drivers behind this.
India overtake the US to become the world’s second-largest smartphone market, trailing only China, according to a new report by analyst firm Canalys.

In the second quarter of 2017, India’s smartphone market recovered quickly with shipments growing 23% year-on-year in the third quarter to reach just over 40 million units.

Low smartphone penetration and the explosion of LTE (long-term evolution, or 4G) are the main drivers behind this.

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