Last Update: January 18, 2023, 08:14 AM IST
In CY2022, close to 100 5G smartphones were launched in the India market.
India’s smartphone market registered over 13 times growth in its 5G shipments in 2020 from the year of its initial launch.
India The 5G smartphone market is expected to expand by more than 70 percent (year-on-year) by the end of calendar year 2023, said a report on Tuesday.
India’s smartphone market registered over 13 times growth in its 5G shipments in 2020 from the year of its initial launch.
Maneka Kumari, Analyst-Industry Intelligence Group (IIG), CyberMedia Research (CMR), said, “From a mere 4 percent in 2020 to a market share potential of over 45 percent in calendar year 2023, 5G smartphones certainly have a long way to go. Have covered the journey. ,
In CY2022, close to 100 5G smartphones were launched in the India market.
“In 2023, we anticipate close to 75 per cent of new smartphones introduced in the India market to be 5G-enabled,” he added.
Samsung, OnePlus and Vivo to lead the Indian market in 5G smartphone shipments in CY2022.
5G Value for Money (Rs 10,000 to Rs 25,000) In the price segment, Xiaomi and realme were the major contributors.
“Going forward, we anticipate further momentum for 5G smartphone shipments in the new year, driven by strong consumer demand and aggressive 5G network deployment by Indian telcos,” said Shipra Sinha, Analyst-Industry Intelligence Group (IIG), CMR. inspired by.”
The key to mass 5G adoption in India will depend, among others, on the introduction of 5G smartphones in the affordable smartphone segment (under Rs 10,000).
“At the same time, improved 5G availability and reach will be critical to consumer experience,” Sinha said.
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