Indian Smartphone Market to Show Double Digit Growth in 2018

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New Delhi: According to the IDC (International Data Corporation), the Indian smartphone market is expected to show a double-digit growth in 2018.

This is because of the rising popularity of budget smartphones, and vendors focusing more on manufacturing phones as well as their components in India.

About 30 million smartphones have been shipped in January-March quarter, making it the strongest beginning for a year and leading to an year-on-year growth of 11 percent.

Top 5 companies that hold the most market share include, Xiaomi, Samsung, Oppo, Vivo and Transsion, which carries Itel, Tecno and Infinix brands.

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