Smartphone market in 2014: Its Apple vs Samsung vs Micromax vs Xiomi

Canalys reports smart phone market has grown by 23% in the third quarter of 2014 compared to 2013. Samsung and Apple are the top two vendors in this market. A total of 300 million of smart phones were shipped in the third quarter of 2014, according to Canalys. Though Samsung's share in smart phone market is about 25%, but its share has fallen by 9% from its high of 34% a year ago in Q3 2013, finds Canalys. Samsung is reported to lose its market share in countries such as United States and India. Apple's iPhone 6 and 6 plus helping Apple to rise its share not only in US market but also worldwide. Canalys estimates Apple's share in the global smart phone market is around 13%. The Chinese smart phone company Xiomi is taking away Samsung's share in some of its key markets which includes China and India. Xiomi is the third largest smartphone vendor with 6% market share, according to Canalys. The Indian smart phone brand Micromax was earlier reported as India's number one smart phone seller, though some analysts does not agree with that. By unit shipment, Micromax is number one vendor in India, even by revenue, Micromax can be easily estimated to reach number one position by seeing its growth in the past few quarters. Micromax also entered television market in India. Micromax has launched a range of LED full HD TVs. Micromax is said to be growing fast in TV market too by o...