CyberMedia Research (CMR) said that 5G smartphone shipments in India exceeded 10 crore (100 million) in May,reaching a key milestone.
This astounding number highlights how quickly 5G is being introduced throughout the nation. The data also shows that since their first release, the number of 5G smartphone shipments has increased by more than 28 times.
Market share for 5G smartphones in May was 48%. Samsung leads 5G, followed by OnePlus and Vivo. These three businesses held 60% of the 5G market. As 5G connection extends across India, the 5G smartphone market is expected to grow by over 70% this year. This forecast shows how 5G technology is becoming more and more popular among Indian customers.
Since its launch in 2020, the 5G smartphone industry in India has had impressive development. Shipments have climbed more than 13 times over that period, illustrating the adoption’s quickening rate. Smartphone manufactures produced around 100 5G devices in India in 2022 to meet demand.
India needs low-cost 5G devices to adopt it. In a recent poll, CMR underlined the importance of affordable smartphone options around Rs 10,000. Reliance Jio and Bharti Airtel have been building out their 5G networks since October 2022, covering most of the country.
The rise in 5G smartphone sales and India’s fast 5G network expansion bode well for the technology. Indian users’ adoption of 5G technology is expected to accelerate as 5G devices become more affordable and network infrastructure develops.
Conclusion
According to CyberMedia Research, with shipments topping 10 crore (100 million) in May, the 5G smartphone industry in India broke all previous records, demonstrating the quickening speed of 5G roll-out. Samsung, OnePlus, and Vivo had 48% of the 5G market with 60% share. As 5G coverage expands across India, the market is expected to grow by over 70% this year. The market has grown roughly 13 times since 2020, and 100 5G smartphones were released in India in 2022. Introduce affordable options under Rs 10,000 to win general approval.
Reliance Jio and Bharti Airtel have expanded their 5G networks nationwide since October 2022. In the future years, affordable 5G devices and network infrastructure development are expected to accelerate Indian customers’ adoption of 5G technology.
