An Indian Consumer Electronics Company Micromax is one of the handset maker included in the list of the world’s to ten mobile phone sellers this year according to report.
It was in the year 2010 that this phone manufacturer ventured in producing cost effective smartphones and the venture was a success since sales pours making the company part of the top ten largest smartphone vendor in the world.
Gartner, a research firm showed that Micromax has 1.8% market share during the January-March quarter, the firm also showed the total sales and as well as the smartphones and the product features which has a sales figure of 460.3 million units. Applicable for the first quarter of 2015, there is a rise 2.5% compared to the last year sales period performance.
THE WORLD’S TOP TEN HANDSET VENDORS
Samsung got the highest place by tally with 21.3% share, followed by Apple (13.1%), Microsoft (7.2%), LG (4.3%) and Lenovo (4.2%). Others in the top 10 include Huawei (4%), Xiaomi (3.2%), TCL Communication (3.1%), ZTE (2.7%) and Micromax (1.8%).
CHINESE AND INDIAN MANUFACTURERS RISES
According to Anshul Gupta, Gartner Research Director that, “In light of their strong smartphone sales in the emerging markets, the Indian and Chinese phone manufacturers increased their footprint during the first quarter of 2015. Six of them were in the top 10 in the first quarter of 2015.”
Also according to the firm, Global smartphones sales to end-users witnessed 19.3% increase to 336 million units during the first quarter of 2015, led by strong growth in emerging markets (excluding China). The fastest growing regions were emerging Asia-Pacific, Eastern Europe and the Middle East and North Africa.
Anshul Gupta also added that, “During this quarter, local brands and Chinese vendors came out as the key winners in emerging markets. These vendors recorded an average growth of 73% in smartphone sales and saw their combined share go up from 38% to 47% during the first quarter of 2015.”
Samsung had 24.2% share of the global smartphone market in the January-March 2015 quarter, followed by Apple (17.9%), Lenovo (5.6%), Huawei (5.4%) and LG (4.6%).