Strong Growth Prospects for 5G Smartphone Shipments in India
According to a recent research, India is anticipated to have a 70–75% yearly surge in the shipments of 5G smartphone throughout the current holiday season.
As per the report, Samsung has a 25% piece of the pie of 5G shipments in India, trailed by Vivo (14%), and OnePlus (12%). This year, the nation is probably going to see the presentation of north of 150 5G cell phones, a 34% increment over earlier year (112 deliveries).
Samsung Leads 5G Shipments in India
As per the report, Samsung has a 25% piece of the pie of 5G shipments in India, trailed by Vivo (14%), and OnePlus (12%). This year, the nation is probably going to see the presentation of north of 150 5G cell phones, a 34% increment over earlier year (112 deliveries).
In the second quarter (Q2) of 2023, the Indian Smartphone market shrank by 6% (year over year), but 5G smartphone sales increased by 45% (year over year).
Shipra Sinha, Analyst-Industry Intelligence Group, CMR, stated that “despite the overall decline in smartphone shipments, the 5G smartphone segment showed promising performance capturing 47% market share (up from 31% in Q2 2022).”
According to the most recent Ericsson Consumer Lab Report, about 31 million Indian customers are anticipated to switch to 5G phones in 2023, providing a significant opportunity for future 5G adoption in the nation.
5G Elevates Network Satisfaction and User Engagement in India
In India, 5G has impressively increased overall network satisfaction over 4G by 30%. Due to their frequent usage of apps like HD streaming, video chatting, mobile gaming, and augmented reality, 5G users in India stand out.
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Consumers are often keen to make new purchases over the holiday season, and this pattern is likely to continue with the rise in 5G Smartphone Shipments in India.
Source: Ericsson Consumer Lab Report
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