Indian handset grew 14.1 percent in 2011: ABI Research

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The Indian mobile handset market grew 14.1 percent in the year 2011, achieving a total volume of 182 million handsets, says research firm ABI Research.

The market is also estimated to grow at a CAGR of 10.7 percent during the period of 2011-2017, with total handset volume expected to reach 335 million units by 2017. The market is currently led by Nokia (37.2 percent market share), followed by Samsung (14.9 percent), G’Five (7.5 percent), and Micromax (5.8 percent) trailing behind.

''Domestic and Chinese handset makers, such as Micromax, G'Five, Karbonn, Spice, Maxx, and Lava, have a strong presence in the Indian market and have kept themselves ahead of many of the big players due to their feature-rich, localized products at much lower price points,'' says Aishwarya Singh, research analyst.

''Huawei and ZTE, the two major Chinese players, have a presence in the Indian handset market through white label handsets, but have yet to make their mark under their own brand names,'' she further added.

With a CAGR of 40 percent, the smartphone segment is expected to reach 97.2 million units by 2017, accounting for 29 percent of the total handset volume. The growth in the smartphone segment will be largely driven by the penetration of 3G in India and further catalyzed by falling ASPs.