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Average selling price of a smartphone in India now Rs 11,500 – Latest News

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The average selling price of an smartphone has fallen by 2 per cent to reach Rs 11,500 in the India market, with 84 per cent of shipments now coming in the sub-Rs 15,000 range (29 per cent even below Rs 7,000), driven by e-learning, according to a new IDC report.
The average selling price of an smartphone has fallen by 2 per cent to reach Rs 11,500 in the India market, with 84 per cent of shipments now coming in the sub-Rs 15,000 range (29 per cent even below Rs 7,000), driven by e-learning, according to a new IDC report. The mid-range segment (Rs 15,000 to Rs 37,000) declined year-on-year, as consumers held back on upgrading to a more expensive smartphone due to economic uncertainties. The premium segment ($37,000 and above) witnessed a strong growth of 91 per cent where Apple, Samsung, and OnePlus continued to be the top three players.

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