India becomes third largest smartphone market in the world, after US and China
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India just zipped past Japan in Q1 to become the third largest smartphone market in the world, which explains the special attention everyone is placing on it, scrambling to get a foothold.
The two largest smartphone markets are still US and China, but growth in the US has nearly stalled at 19% year-on-year, compared to China (63%), or India (163%), so this ranking is bound to change pretty soon again.
Apple is doing some subsidy tricks to expand market share, and Nokia is relying on low-cost warriors like the Lumia 520, and both are succeeding, but the real winner is Android, which is on the vast majority of Indian smartphones, or 90% at last count.
source: Strategyanalytics via TechCrunch
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