Indian Premium Smartphone Market Sees Rapid Growth
The market in India for premium smartphones saw a compound annual growth rate of slightly more than 50% in 2021-2023, ResearchAndMarkets.com reported Tuesday. Premium smartphones were defined as devices costing more than $350. “The swift expansion of the premium smartphone…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
market is driven by increasing disposable income, urbanization, and a change in consumer preferences in favor of upgrading to high-end devices for better performance, advanced features, and superior user experiences,” the report said.