Cybermedia Research: Samsung leads Indian LTE market ‘with 30 percent share’
Korean OEM Samsung has once again marked its stance as the market leader of India’s booming smartphone market. The latest information and analysis break-down come from a Bangalore-based firm named Cybermedia Research LTD.
The data revealed that Samsung phones are positioned as the most popular 4G-enabled smartphones in the country, taking a huge chunk of the pie with 30 % of market share. China’s Lenovo came second having shipped 22 percent of LTE smartphones bought in India during the fiscal second quarter of 2015.
Another Chinese brand, Xiaomi — who recently joined the ranks of Apple and Samsung in the top 5 smartphone vendors of the globe — was found in the list at 3rd position with 17.1 percent of the total LTE smartphones sold in the quarter.
Finally, the total number of LTE smartphones sold in India during the said period was 5.7 million units, representing a 154 % quarter-on-quarter growth nationwide.
“Consumers are eagerly awaiting growth and maturity of 4G service offerings,” Faisal Kawoosa, Lead Analyst at CMR noted. “We feel it is only fair to expect that in a year’s time the India market could see a strong transition happening towards 4G devices.”
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