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Asian handset market looks at 6.9% y-o-y growth

Posted: 12 Jul 2012     Print Version  Bookmark and Share

Keywords:handset  4G  smartphone 

The Asian handset market is looking at 6.9 per cent y-o-y, reaching 62.4 crore by the end of 2012, according to ABI Research.

"The Asian handset market has a lot going for it," said Jake Saunders, VP for forecasting at ABI Research. The Asian handset market is expected to shrug off the global economic malaise and deliver growth not just coming from developed markets like Korea and Japan but also China, Indonesia, and India.

ABI Research estimates that 20.3 crore handsets will be sold in India in 2012 for an 11.2 per cent growth y-o-y; while Indonesia should notch up 5.7 crore handsets, and 16 per cent growth in the same time-frame. While Nokia clung onto 37 per cent market-share in India in 2011, Samsung, G'Five, Micromax, Karbonn, and Spice are not far behind. In Indonesia, Nokia's market-share shrank to 21 per cent as Samsung, RIM, Nexian, HT Mobile, and Cross made inroads.

4G is very much taking hold, with Korea and Japan gaining the lead. In Korea, operators LG U+, SK Telecom, and KT commenced commercial services in early 2012. The operators are selling LTE dongles, LTE-enabled tablets, and also smartphones. This is one market where Apple is starting to see a reversal in fortunes as Korean consumers pile into stores to sign up for LTE subscription plans. Apple's iPhone sold well in 2010 and 2011 with a discerning and tech-aware Korean buying public, however, in lieu of a LTE-capable iPhone, Samsung, LG, and even Pantech, have been able to pick up additional sales volume.

For more statistics and forecasts, click here.

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