Chinese brand is growing, with 29% of handset market occupying

Only 29 percent of the country’s handsets market has been occupied by Chinese-nominated-benami brands. Which is 13 percent more than the same period last year.

China’s various brands have been growing year after year by 125 percent. And as a result, they have already occupied a large part of Bangladesh’s smartphone market as well.

Market researcher, Counter Point, said they would move further in the market under the market in a short span of time.

In the third quarter of the year, the company has captured the picture of the occupation of Bangladesh.

Young reader, associate director of CounterPoint Research Institute, says the smartphone subscriber in the country is increasing at a very high rate. As a result, local brands are losing market near the Chinese brand.

China’s brands are now in a competition with local brands considering the needs of the users.

However, as a local brand, Symphony is still number one in the country. Those who own 26 percent of the smartphone market. But Symphony is struggling to compete with brands like iTell Mobile and Nokia. As a result, the counter number of Symphony has reduced sales of 24 percent annually.

However, South Korea is still in the second place with 14 percent market share in the country.

But the Chinese brand Huawei has already reached the third position in the country. The brand has grabbed 8.5 percent market share in the country’s smartphone market.

Walton is another brand of Bangladeshi brand in the top five. Who recently started making smartphones in the country. Walton has kept 8.3 percent market share in the smartphone market as the third quarter.

Another brand in China, Aitel has occupied a large market in a short time. The smartphone market has captured 6.9 percent market share of smartphones

Handset market in Bangladesh is growing almost 19 percent year-on-year and continue the growth rate is one percent.

The total amount of smartphones in the country is 24 percent. Although low, this market is very stable. Which refers to a positive position, the company says.

The young reader said, if you look at the smartphone growth rate, the amount of increase in this subscriber may be slightly lower. However, LTE or FourG network will be started in the country in the year 2018. As a result, an interest in buying LTE handsets among the customers has been noticed.

On the other hand, the Indian handset market has captured 49 percent of Chinese brands. This is the first quarter of 2010. Whereas, many handsets of Chinese companies in the Indian market make 180 percent year-on-year revenue. As a result, Chinese companies have threatened local handset brands in India.

However, many people are speculating that if this situation continues, China’s handset bands will have a single dominance in India soon. Among the Chinese brands in India, Shawumi is the fastest market in the market.

Share the post if necessary.
Thank you, stay with itdoctor24.com