India to become world's second largest smartphone market by 2019: Study

NEW YORK: India is poised to surpass the United States to become the second largest smartphone market by 2019, according to a latest report by Boston-based global market research firm Strategy Analytics.

Beating the slowdown trends, global smartphone sales will grow 13% in 2015, it added.

"China and the US will remain the largest smartphone sales countries by 2014, making up 43% of global volumes," the report said.

The world's top 20 countries will account for 80% of the global smartphone volumes in 2015, up from 75% in 2007.

Asia Pacific will continue to drive growth, accounting for 54% of the global volumes in 2015.

Central Latin America and Africa Middle East will see strong smartphone growth by 2020 and will play the role of a new growth engine for global market, it said.