Smartphone Revolution in India - Chart Of The Day 13 May 2019 - Equitymaster
X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Smartphone Revolution in India
May 13, 2019


India has a young population. That means a tech savvy generation. A generation that is quick to embrace technology.

It's no surprise then that the number of smartphone users was expected to reach 339 million in by the end of 2018.

But it might surprise you to learn this is the highest growth rate in the world.

The number is expected to grow up to 440 million by 2020. Despite this, the penetration is expected to be close to only 35% by 2020.

This is much lower than countries like China and US where more than half the population already use smartphones.

All this tells us a huge opportunity lies in wait for entrepreneurs as the internet revolution takes off in India.

And don't forget, this is just one of the 50 irreversible trends driving the Rebirth of India.

Data Source: www.statista.com
* Estimated

This Chart Of The Day was published in The 5 Minute WrapUp - Sensex 100,000 is Right in Front of You

Equitymaster requests your view! Post a comment on "Smartphone Revolution in India". Click here!

  

Our Most Popular Charts

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS