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DUBLIN: Research and Markets has recently added the Indian Mobile Handset Market (2005) report to its offering.
With rapid consumerism sweeping the country, India has emerged as the second largest mobile handset market, poised for explosive growth by 2007. Industry observers are of the view that market within Q1-2006 could well become a global hub for mobile handset manufacturers.
With an eye on the impending growth opportunities, this market research report "India Mobile Handset Market (2005)" analyzes the current market scenario and the technological developments driving the demand graph.
The report, quoting the experts' view, estimates that the total market value worth Rs.8.05billion (US $2billion) as of 2004/05 will surge by 62 percent with approximately 100-million subscribers nationwide by 2007.
The study further reveals that Indian mobile subscribers are willing to pay for upgrades, value-based services, and advanced models that provide better services.
Dominated largely by Nokia with a total market share of 59 percent, followed by Samsung (13 percent) and Motorola (7 percent) respectively, Indian mobile handset market is currently catering to 45 million subscribers (June 2005).
Recent records show that Indian GSM cellular user base has grown from 43 million, as estimated in May, to 45 million in June 2005, representing a growth of 3.50 percent in the month under review, witnessing large and propitious foreign investors flooding the market eyeing for large chunks.
In addition, recent changes imbibed in the government policies that price mobile handsets at a lower end with flexible custom-duty for new entrants are startling the market with multiple models largely aimed to higher and middle-income groups.
Industry sources, though, view the market to be at its nascent stage, many large EMS (Electronic Manufacturing Services) companies are seriously considering setting up their handset facilities in India. Not surprisingly, phone vendors would prefer to source the lowest-cost phones available and these come from contract manufacturers elsewhere in Asia.
Opportunities are largely looming for mobile bigwigs like, BenQ, Elcoteq, and Alcatel quibbled over licenses; now, they are fighting over spectrum.
This market research report examines ongoing market trends responsible for the escalating demand for mobile handsets and value-added services in India. The report investigates and assesses the growth factors contributing to mobile handset market and includes wide coverage of important issues and policies concerning development of Indian mobile telecommunication industry.
With statistics including current market share data, leading players and manufacturers' profiles, and mobile subscriber predictions for 2010, the report covers the key aspects of the scenario in the Indian market for the mobile industry. Special emphasis is given to emerging trends in the market. This market research report also gives a complete analysis of India's mobile market for in-depth insights into mobile subscribers base, mobile tariffs, usage patterns, and potential for value-added services.
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