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India Is The World’s Fastest Growing Smartphone Market: Gartner

Smartphone sales in India increased by 166.8% making it the world's fastest growing smartphone market in the last quarter of 2013, according to Gartner. It also revealed that worldwide, smartphones sales now account for 53.6% of overall mobile phone sales in 2013, exceeding annual sales of feature phones for the first time. Developing world takes on to smartphones Smartphones sales grew by more than 50% in Latin America, the Middle East and Africa, Asia-Pacific and Eastern Europe in the fourth quarter of 2013. China also contributed significantly to worldwide smartphone sales as sales grew 86.3% in 2013. Smartphone sales in western markets reduced in Q4 due to weaker demand. Who is selling more A total of 967.78 million smartphones were sold in 2013, up 42.3% YoY from 680.11 million smartphone sales in 2012. Samsung continues to be the biggest player with 31% marketshare by selling 299.79 million devices, up from 205.77 million in 2012. However, if you look at Q4 alone, Samsung's marketshare was slightly lower at 29.5%, down from 31.1% YoY and 32.1% in Q3. The fall in sale of Samsung devices has been attributed to reduced demand in western markets. Apple has lost marketshare and its sales have increased only marginally despite the launch of iPhone 5s and iPhone 5c in 2013. It's marketshare is down to 15.6% after selling 150.76 million devices as opposed to a marketshare of 19.1% after selling 130.13 million devices in 2012. In Q4 too Apple's marketshare reduced to 17.8%, from 20.9% YoY, but it's worth…

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I'm passionate about technology and gaming. You can follow me <a>@chupchap</a>

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