Analyst credit India,China for pick-up in smartphone sales

After a steady decline in market sales of smartphones in the global markets, a recently released report by firm Counterpoint Market Research shows that Quarter 3 of 2019 smartphone sales remained stable after a long time. This was to quite an extent due to sales from festival and holidays periods in India and China, respectively.

Commenting on the relative increase and elaborating on the observances in market behaviour, Shobhit Srivastava, Research Analyst at Counterpoint Research said, “The global smartphone market ended a long period of continuous Year-on-Year declines in Q3 2019 due to increased shipments in India and China, the two top-focus markets for every player in the mobile value chain.”