The smartphone market in India is colossal, and, it’s skyrocketing every next quarter.
In fact, the number of mobile phone users in India equals the population of the United States of America.
According to Statistics, by 2022, 442.5 million mobile phone users are expected in this nation.
But, what’s most alluring to learn about this topic is – How Chinese mobile phones took over the Indian market?
This untold story to be unveiled in this guide by our expert trainers at IASE (Institute of Advanced Studies in Engineering) which indeed is the best mobile phone training institute in Kerala.
Reportedly, 24.38% of Mobile Vendor Market Share India is captured by Samsung, 21.43% by Xiaomi, 9.07% by Oppo, 8.42% by Mobicel and 3.69% by Lenovo as in January 2019.
As observed, because of Cheap labour, low-cost inventory, extremely low marketing budget, less focus on Research and Development and by mastering the art of transferring the risk, Chinese handsets are inexpensive cum good quality smartphones.
This way, sales of Chinese mobile phone manufacturing companies are increasing in India. Indian manufacturers apart, competitors have a dazzling future in this nation.
On the other hand, Intex, Lava, Karbonn, I-Ball and Micromax are among the largest shareholders of Mobile Phone Market in India.
Apart from these, list of other mobile phone manufactures in India includes YU Televentures, Xolo, Videocon, Spice Digital, Spice X, Onida Electronics, LYF, HCL, CREO, Celkon and others.
But, in all that, it’s impossible to not to talk about JIO.
Recently launched by Reliance Industries Limited (RIL), Jio phones comprehensively re-adjust the mobile phone market in India.
Not only with a mobile phone, but also as a network provider, strategic planning of Reliance Industries Limited gave birth to headlines such as “Jio user base grew from 124 million to 215 million, JioPhone hit 25 million user base in India.”
Following the success of the first model, within 13 months of the launch of Jio Phone 1, Jio Phone 2 was available in the Indian mobile market in August 2018.
The research concluded, what happened with Jio Phones in the nation is just antagonistic of what happens in the global mobile phone market.
Every tech-savvy on planet earth is running away from feature phones in the exploration of Smartphones.
But, with Jio Phone in this exclusive India, for the first time ever, 21% of Jio mobile users preferred to use feature phones to Smartphones.
Diplomatic and Political national and international relations equally influence the markets in the nation.
Irrespective of the fact, whether it is a mobile phone, laptop, television or any other commodity, import duties really make the divergence.
Like, Import of Chinese mobile phones in India can have a deliberate brunt following irregularities on Indo-China borders.
Like it took effect after the Pulwama attack with Pakistan when import duty was heightened to 200% from the side of the Indian Government.
Now, with the launch of Jio Phone 3, which is expected to be a budget smartphone, in lieu of featured phone, Mobile Phone Market in India is expected to be altered.
But, at IASE, we train you to be impeccable in repairing any mobile brand or any smartphone model in the world.