India's 5G smartphone shipments to cross 4G shipments in 2023 - Counterpoint
India's 5G smartphone shipments to cross
4G shipments in 2023 - Counterpoint
India's 5G smartphone shipments will exceed that of 4G shipments by the end of next year, driven by the mass adoption of the high-speed network and the rise in sale of handsets in the lower-price bands, market research firm Counterpoint said on Thursday.
Although India's overall smartphone shipments are estimated to see a yearly decline this year due to component supply issues and macroeconomic factors, 5G will continue to push smartphone demand in 2023 as well, Counterpoint added.
5G data speed in India is expected to be about 10 times faster than that of 4G, with the network seen as vital for emerging technologies like self-driving cars and artificial intelligence.
5G handset share in the lower-price band (less than 20,000 rupees or $241.55) is expected to surge to 30% in 2023 from 4% last year, Counterpoint said.
India's telecom leader Reliance (RELI.NS) is working with Alphabet Inc's (GOOGL.O) Google to launch a budget 5G smartphone after it emerged as the biggest spender in India's $19 billion 5G spectrum auction in August.Cumulative 5G smartphone shipments will cross the 100-million mark in the second quarter of 2023 and surpass 4G smartphone shipments by the end of next year, according to Counterpoint.
The analysis firm expects limitations like component supply shortages, inflation, geopolitical conflicts and limited availability of 5G networks to ease by the end of 2023, leading to the mass adoption of 5G.
Meanwhile, the Indian government is looking to push Apple, Samsung and other mobile phone manufacturers to prioritise rolling out software upgrades to support 5G in the country as many models are not ready for the recently launched high-speed service,
-
LIVE
Fresh and Fit
1 hour agoFresh&Fit After Hours w/ Girls
15,306 watching -
LIVE
Akademiks
2 hours agoHappy. Birthday Kendrick Lamar. Kodak Black robbed Stevewilldoit? Sosa Returns to CHIRAQ. Carti OTW?
5,448 watching -
1:22:53
Steve-O's Wild Ride! Podcast
4 days ago $0.28 earnedDoes Gene Simmons Regret Humping Thousands Of Chicks? - Wild Ride #219
1.71K15 -
33:55
Athlete & Artist Show
3 days agoS4E6: OILERS ARE DONZO, Boychuk Re-Signs In Berlin
2691 -
1:59:38
Kim Iversen
5 hours agoIs The US Gearing Up For WW3? Possible Ebola 2014 Lab Leak Cover-Up Linked To Possible Covid Lab Leak Cover Up
50K144 -
32:18
Candace Owens
3 hours agoSo...Is Brigitte Macron A Man? | Candace Ep 6
14.1K60 -
43:47
Man in America
5 hours agoALERT: Putin's Plan BACKFIRES as WW3 Economic War Intensifies w/ Dr. Kirk Elliott
17.5K1 -
20:41
Exploring With Nug
1 day ago $0.43 earned2 Missing Teenagers Found 20 Years Later In The Town River!
4.11K19 -
1:46:12
Fresh and Fit
7 hours agoViva Frei Meets Fresh&Fit
47.9K21 -
54:42
LFA TV
17 hours agoThe Fascinating Story of How Donald Trump Didn’t Remember the Author of ‘Ladies Who Punch’ | Trumpet Daily 6.17.24 9pm EST
14K12