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India bags 4th rank among global smartphone markets

According to the report by GSMA, China topped the global list of smartphone connections at 629.2 million, followed by the US (196.8 million) and Brazil (141.8 million). Other countries in the top 10 include Indonesia, Russian Federation, Japan, Germany, the UK and France. Several industry reports have pegged India as the fastest growing smartphone market in the world.

According to IDC, smartphone sales in India grew almost three-fold to over 44 million in 2013, buoyed by a strong uptake of affordable devices made by local firms such as Micromax and Karbonn.

GSMA expects smartphone connections to reach six billion by 2020, fuelled by growth in the developing world and supported by mobile broadband rollout.

'Smartphones will account for two out of every three mobile connections globally by 2020. The number of smartphone connections will grow three-fold over the next six years, reaching six billion by 2020, accounting for two-thirds of the nine billion mobile connections by that time,' the report titled Smartphone forecasts and assumptions, 2007-2020 said.

Basic phones, feature phones and data terminals like tablets, dongles and routers will account for the remaining connections, it added. 
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