Samsung Occupies Record 46% Indian Smartphone Market

Samsung’s market share in the Smartphones segment zoomed up from 35.1 percent to 45.9 percent in India.

The company had a share of 35.1 percent during the fourth quarter of 2014-15 and it went up to 45.9 percent in November 2015, said the director for mobiles business at Samsung India electronics. With 18 4G devices, Samsung accounts for 62 percent market share in 4G segment.

Samsung is said to be working on bringing Innovations to the market with its strong focus on Research and Development involving over 10,000 engineers working in Chennai, Bengaluru and Noida to bring innovations.

Smartphones make up 47 percent and feature phones 53 percent in terms of overall volume. However, smartphones make up 85 percent in terms of value. Samsung’s smartphone price ranges from Rs.3,990 to Rs.58,500 while the company’s feature phones start from Rs.1,100.

Samsung is currently focusing on 4G, which is growing rapidly in India.