Premium devices demand to push India smartphone mkt to over $50 bn: Report

Rising demand for premium devices, led by Apple and Samsung, is expected to increase India’s smartphone market size to over $ 50 billion (about Rs 4,28,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday.

The Indian smartphone market size was estimated at $ 37.9 billion (about Rs 3.25 trillion) in 2021, according to the research firm.