The Indian mobile phone market revenue rose 14.7 percent to Rs 35,946 crore in FY 2013 from Rs 31,330 crore in FY 2012. Samsung leads the phone market based on revenue, ahead of Nokia.
Indian smartphone market share: Samsung, Micromax, Apple lead
The growth in mobile phone revenue was mainly due to the increasing uptake in smartphones.
Korean consumer electronics maker Samsung dethroned Nokia from the top position.
The Finnish handset maker had been holding the fort for over a decade, according to Voice&Data 100.
Voice&Data 100’s phone market report is based on revenue of phone makers and not based on shipments.
Samsung fiscal year revenues rose 43.6 percent to Rs 11,328 crore. The company also became the market leader with 31.5 percent market share.
Nokia India phone revenue dipped 18 percent to Rs 9,780 crore. It has 27.2 percent revenue market share in the Indian mobile phone market.
Nokia’s drop in market share started when the company failed to sense the need of a dual-SIM phone for the Indian consumer, and the same was tapped by the Indian players years ahead of global players like Nokia.
Micromax revenue increased 58.6 percent to Rs 3,138 crore compared to Rs 1,978 crore in FY 2012. Micromax enjoys a revenue market share of 8.7 percent.
Karbonn Mobiles revenue increased 73.1 percent to Rs 2,297 crore from Rs 1,327 crore in FY 2012.
Karbonn has a revenue market share of 6.4 percent.
Apple revenue rose 417.2 percent to Rs 1,293 crore in FY 2013 compared to Rs 250 crore a year back. The company enjoys 3.6 percent market share in India with the smallest number of handset models in its portfolio.