The number of new handset vendors in the Indian market grew to 28 in 2009 says a report published by market intelligence firm IDC. Together these handset manufacturers garnered close to 18 per cent of total sales for the first time during the October-December quarter. Overall, for the year 2009, new vendors registered a combined market share of over 12 per cent of total mobile handset sales in India.
The report also states that India’s mobile handset market remained flat for the past year, registering sales of 101.54 million (over 10 crore) units. Sales in 2009 have been mainly affected by lower sales in the first half of the year, from January to June 2009. However, in the fourth quarter of the same year, a 2.3 per cent year on year growth was registered for sales, at 28.36 million (close to 3 crore) units.
The top three mobile phone vendors by the end of the fourth quarter last year, according to IDC, were Nokia with the largest share of over 54 per cent in terms of units sold, Samsung with close to 10 per cent and LG with a little over 6 of the market.
Set up in 1987, IDC (India), a subsidiary of CyberMedia, is a source for market intelligence and consulting in the fields of IT, telecommunications and consumer technology. With its head office at Gurgaon, the company has branch offices in Bangalore, Chennai, and Mumbai.
New handsets garnered over 12 per cent of Indian market in 2009: IDC
Nokia, Samsung and LG bag the top three mobile vendors' slots.