Demand for Smartphones in the ₹10,000-₹20,000 Price Range Dominates India

Saturday, 10 August 2024, 07:36

According to Anish Kapoor, CEO of Infinix India, smartphones priced between ₹10,000 and ₹20,000 capture over 40% of the Indian smartphone market. This price segment has become the most popular among consumers, indicating a shift towards affordable technology solutions. The significant market share highlights the growing demand for budget-friendly devices in the region. In conclusion, understanding consumer preferences in this price bracket could be crucial for tech companies targeting the Indian market.
Hindustantimes
Demand for Smartphones in the ₹10,000-₹20,000 Price Range Dominates India

Affordable Smartphones in India

Mobile phones in the price range of ₹10,000-₹20,000 significantly influence the Indian smartphone market.

Market Insights

  • This segment constitutes more than 40% of the market size.
  • Infinix India CEO Anish Kapoor emphasizes the popularity of these devices.
  • The demand shift indicates a preference for affordable technology.

Conclusion

Understanding the trends in this price category is essential for companies looking to succeed in the Indian market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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