Welcome!

News Feed Item

Indian Mobile Handset Manufacturing Market Expected to Grow at a CAGR of 49% by the Year 2020

NEW YORK, Nov. 30, 2016 /PRNewswire/ -- The third largest Smartphone market in the world currently, India is far from being saturated. With more than 185 million connections as of now and another half a billion to be added by 2020, the sheer scale of the market is attracting domestic and foreign players like and in the recent past. The industry has witnessed huge inclination of mobile handsets manufacturers to manufacture phones in India.

Low cost production due to cheap resource, proximity to markets and the huge market potential are the drivers to this inclination. As of March 2016, India has already taken the second position in the list of biggest markets globally after China, overtaking USA. The mobile ecosystem directly provided employment to 2.4 million people in India in 2015, both in the formal and informal sector. These statistics although are for the while mobile ecosystem and not only for handsets. With the current penetration of around 80% for mobile phones, India is set to achieve 94% penetration by the year 2020. In addition, the Smartphone segment is fast overpowering the feature phone segment and is set to grow from 148 million to 690 million.

The government in the recent time has shown explicit interest in the "Digital India" and "Make in India" plans and mobile manufacturers are to play an important part in that. The government aims at using the mobile penetration to contribute to the economic and social development in India by delivering digital inclusion to the still unconnected population, financial inclusion to the unbanked population and to deliver innovative apps and services. The recent plan of the government to launch a mobile application (app) which would serve as the single point access to all the governmental services is one prime example.

The in-house production of mobile phones would boost the economy and help the GDP of the nation. Also, the net import/export ratio would improve drastically. The "Digital India" plan has mainly three vision areas; digital infrastructure, digital empowerment and government services on demand. And these visions can be fulfilled only by high penetration of mobile networks and low cost availability of handsets.

Given the context of mobile phones in India, the main question arises as to what does it take to start production in a country. This report aims at answering this very question. Ranging from raw material availability, to labor abundance, to government policies, to domestic market; this report aims at contrasting these aspects in depth against the currents hubs (countries) of mobile production and highlights where India is lagging or leading with respect to its brethren. This report also gives an insight into the current domestic market of India. The segmentations based on phone type and various other customer attributes and their growth predictions of the future are also included in this report.

Scope of the Mobile Phone Manufacturing Market in India 2016-2020 Report:
- This report discusses prevailing scenario of India's mobile handset manufacturing market.
- This report identifies India's position global mobile manufacturing market
- This report provides segments wise forecast for mobile manufacturing industry in India.
- The report identifies various credit, policy and technical risks associated with mobile manufacturing industry in India.
- This report has detailed profiles 6 key players in mobile manufacturing industry in India covering their business strategy, future forecasts and SWOT analysis.
- This report covers in competitive landscape in mobile manufacturing industry in India.
- This report provides PESTLE (political, economic, social, technological, legal and environmental) analysis for mobile manufacturing industry in India.
- This report provides Porter's Five Forces analysis for mobile manufacturing industry in India.
- This report provides SWOT (strengths, weakness, opportunities and threats) analysis for mobile manufacturing industry in India.
- This report identifies the key challenges faced by new players in mobile manufacturing industry in India.
- This report provides current and future trends and opportunities for mobile manufacturing industry in India.
- This report also provides key marketing strategies used by players in relation to mobile manufacturing industry in India.
Read the full report: http://www.reportlinker.com/p04232960-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com


__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/indian-mobile-handset-manufacturing-market-expected-to-grow-at-a-cagr-of-49-by-the-year-2020-300371003.html

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Managing mission-critical SAP systems and landscapes has never been easy. Add public cloud with its myriad of powerful cloud native services and this may not change any time soon. Public cloud offers exciting new possibilities for enterprise workloads. But to make use of these possibilities and capabilities, IT teams need to re-think everything they have done before. Otherwise, they will just end up using public cloud as a hosting platform for their workloads, aka known as “lift and shift.”
"MobiDev is a Ukraine-based software development company. We do mobile development, and we're specialists in that. But we do full stack software development for entrepreneurs, for emerging companies, and for enterprise ventures," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
"We do one of the best file systems in the world. We learned how to deal with Big Data many years ago and we implemented this knowledge into our software," explained Jakub Ratajczak, Business Development Manager at MooseFS, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"Tintri focuses on the Ops side of the DevOps, which basically is pushing more and more of the accessibility of the infrastructure to the developers and trying to get behind the scenes," explained Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...