According to a new Emarketer report, China currently has 519.7 million active smartphone users and the number is expected to reach over 700 million by 2018. There will be about 177 million new smartphone users in China between 2014 and 2018, leading its smartphone user base to jump from 38.3 percent to 51.1 percent of the total population.
The research further shows that the figure will rise to 574.2 million Chinese smartphone users by next year, representing half of all mobile phone users in the country. About 77 percent of 18- to 24-year-olds and 74.6 percent of 25- to 34-year-olds in the country will use a smartphone regularly this year. And, by 2018, 91.0 percent of 18- to 24-year-olds and about 89 percent of 25- to 34-year-olds in China will use a smartphone.
A separate report from the Emarketer noted that India will Surpass the US to become the world’s second largest smartphone market by 2016. By that time, India will exceed 200 million smartphone users. However if we look at India’s smartphone users growth in the same time frame, then its only 279.2 million people having a smartphone. Apart from the Indian mobile companies, multi-nationals like Motorola, Microsoft etc. are launching budget smartphones to tap into more potential mobile users.
China is leading this race, owing to the size of its population, . However the scene is not so good in India, which, despite of its population is still behind US when it comes to the number of smartphone users. But if the growth pans out as per the predictions made by the company, things will start looking up, this would mean a boost for the e-commerce sector as well.
Graphs Source: Emarketer report
Feature Image Source: Appscend