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More Than 500 Million Indians Use Smartphones, 77% Using Internet: Report

indians smartphone addiction study India shutterstock website

indians smartphone addiction study India shutterstock website

Over 50 crore (500 million) Indians are now using smartphones, a 15 percent increment from 2018 primarily due to brands like Xiaomi and Realme which continue to bring new users to the ecosystem, a new written report said on Th. Co-ordinate to market enquiry house techARC, Republic of india had 502.2 million smartphone users as of December 2019 (the country is now the second-largest smartphone marketplace globally after Cathay and ahead of the United states of america), which means over 77 percent of Indians are now accessing wireless broadband through smartphones.

Samsung with 34 percent led the smartphone installed base in the calendar year 2019, followed by Xiaomi at twenty percent, Vivo at 11 pct and Oppo at 9 per centum, respectively. "After a boring migration rate from feature phones to smartphones for a couple of years, it's good to run into that the market has started to expand once more", Faisal Kawoosa, Founder and Chief Analyst, techARC said in a statement.

Although the market does have options in the entry segment (sub-Rs 5,000) for smartphones, users adopt to start their smartphone journey with the basic segment (Rs 5,001 to Rs 10,000). Realme, Vivo and OnePlus led smartphone brands in terms of percentage net addition to the user base in 2019. Realme increased its user base by 49 percent, Vivo 44 percent and OnePlus by 41 percent. Other major brands including Samsung, Xiaomi and OPPO added 9 percent, 25 percent and 36 percent, respectively to their user base of operations in 2019.

"Factors like availability of good-quality affordable smartphones, expansion of online as well as offline channels, expansion of 4G/LTE networks by the operators are amongst the central reasons driving the smartphone user growth", said Kawoosa. However, it's going to exist challenging hereon every bit the market place is saturating in terms of addressable market, he added.

The next goal for smartphone brands should be to ramp upward services where they could consistently generate acquirement from the existing customers. At nowadays, smartphone brands are able to generate $0.5-$1.5 a calendar month from users depending on what all the services they offer, including advertising. "Even if a brand is able to generate $1 revenue per user per calendar month, with a base of 50 million users to be in that location for an average of three years, this ways a revenue potential of $1.8 billion from services lonely", the findings showed.

The other strategy is to offer accessories and other connected electronic devices similar smart TVs and smart speakers.

Vivo, OPPO and Realme volition be the three main gainers for 2020 in terms of additions to the internet user base, forecast the techINSIGHT report. "Realme could enter in top five brands by installed user base of operations displacing Lenovo MBG (Lenovo + Motorola) brands. Xiaomi will continue to exhibit growth in user base while Samsung could start showing off decline in its user base or grow with a depression percentile", the report added.

Source: https://beebom.com/500-million-indians-use-smartphones/

Posted by: goodwinfrod1989.blogspot.com

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