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It is forecast that the number of subscribers could reach as high as 868.47 million reaching at 69.35% penetration by 2013.
Dec-09E
Dec-10E
Dec-11E
Dec-12E
Dec-13E
15%
166,168 crore
812 million
39%
227 million new SIM sold Monthly Avg. addition 20m
2010
2011
2011 Target
2015
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TARGET
MarketSimplified Inc
40%
25 million
Over 2009 internet traffic from metros from India grew 2.5X times other global carriers: Nearly half of this traffic was from Mobile phones.
2007 2008 2009 2010 2011
Search/Smartphone Search/PC
In 2011, Smartphone search rates are expected to exceed PC search rates of 2007
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Smartphone Activities
Smartphone Usage in India
12m
6m
100%
2.5m
2009
2010
2011
Apps Parallel Media Usage Search Social Networks Local Searches Video Websites Email
Indian smartphone users spend more time on the Internet than on traditional voice calls and SMSs
28%
72%
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MarketSimplified Inc
Mobile Subscriber Base Registered M-Banking Customers Active M-Banking Customers 100 20
630 380
20
Units (Millions)
2009
2000
2012
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MarketSimplified Inc
Smarter Smartphones
Increasing usage of smartphones is directly correlated to the growth in mobile banking.
Easy Accessibility
For banks, mobile banking has become the most promising medium of reaching out to their customers because of the ability to provide services at any time or place in the world.
Mobile Applications
Application-based banking is the most efficient way of mobile banking as it is more convenient and user friendly than the regular methods of SMS banking and net banking.
Affordability
Smartphones in todays times start from as low as 1500 INR, which in effect opens up to a large untapped Indian market. Mobile Manufacturing companies in India are also planning to launch cheap smartphones by the end of year 2011 which will cost 2000 rupees approximately to front end users.
Limitations of Broadband
Broadband is limited to connectivity and has still not reached a lot of places in India where mobile phones have been dominating. Also the affordability of computers is far lesser compared to mobile phones.
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India now has over 777 million mobile subscribers. So there is a huge opportunity for the smartphone manufacturers to tap the Indian market potential. There will be two main factors that will decide how soon the Smartphones proliferate: The price of the handset and cost of Data usage.
Price of handsets
Data Rs.
Idea
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SubsidiaryOffice
MarketSimplifiedInc. 802WoodfieldRoad,Suite400 Schaumburg,IL60173, USA
DirectContact
VinodMuthukrishnan VicePresident Strategy&Partnerships Email:vinod@marketsimplified.com US:+1.646.571.2297,+1.917.828.2001 Asia:+91(44)39123000/+91(44)30903090 Fax(US):+1(815)3019468 Fax(Asia):+91 44 39128128
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CorporateOffice
INXSTECHNOLOGIESLTD. 13thFloor,ZenithBuilding, AscendasInternationalTechPark, CSIRRoad,Taramani,Chennai600113
GeneralEnquiry
CorporateEnquiry:corporate@inxsasia.com BusinessDevelopment:contact@inxsasia.com
http://www.inxsasia.com
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