Moneycontrol PRO
HomeNewsBusinessCompaniesGlobal mobile prices to fall below USD 100 by 2015: Study

Global mobile prices to fall below USD 100 by 2015: Study

Increased competition among manufacturers and their focus on lower-middle income countries will lead to a decline in prices of approximately 70% (4.8 billion) of active mobile phones across the globe below USD 100 by 2015, according to a recent study.

March 05, 2011 / 01:13 IST

Increased competition among manufacturers and their focus on lower-middle income countries will lead to a decline in prices of approximately 70% (4.8 billion) of active mobile phones across the globe below USD 100 by 2015, according to a recent study.


"With the increasing number of subscribers coming from 'lower-middle income (LMI)' developing economies, the average size of the consumer wallet is expected to shrink.


To meet this demand, manufacturers are likely to reduce the price points for mass-market phones," said a study conducted by Knowledge process outsourcing firm Evalueserve.


Lower-middle income economies refer to the countries with the maximum population under the lower-middle income group, such as India and China.

The study further said there will be an increase in the number of features in these low-cost handsets in the next five years.

first published: Mar 4, 2011 11:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347