CellPhone Wale » Indian Mobile Market http://cellphonewale.org Sun, 22 May 2011 09:04:53 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 India’s mobile services market to surpass $37 billion by 2012 http://cellphonewale.org/indian-mobile-market/india%e2%80%99s-mobile-services-market-to-surpass-37-billion-by-2012 http://cellphonewale.org/indian-mobile-market/india%e2%80%99s-mobile-services-market-to-surpass-37-billion-by-2012#comments Sun, 19 Apr 2009 05:38:20 +0000 christ http://cellphonewale.org/?p=11 The Subscriber growth for cell phone in India will continue to be driven by rural expansion, entry of newer operators, 3G and cheaper handsets whic will make an exciting year for Indian mobile space. As per recent survey India is now growing at about 10 million new mobile users every month, and that pace of growth will continue in 2009 as well.

According to Gartner, with a compound annual growth rate (CAGR) of 18%, the country’s cellular services market is projected to surpass $37 billion by 2012, while exceeding 737 million connections at the same time.

Gartner logoCellular market penetration is projected to increase from 19.8% in 2007 to 60.7% in 2012, due to the increasing focus on the rural market, but also thanks to such factors as local consumer durable and electronic companies entering the domestic mobile handset segment, and lower handset prices. Vendors will continue to focus on sub-25$ handsets to capture market share. Source: Garter

It is projected that after 2009 general elections the mobile technology will be enhanced in India to expand its usage for building communities, citizen journalism, advertising and much more…

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