5G smartphone sales to hit 144 million in India by 2025
The year 2020 will see the first wave of 5G-enabled smartphones arriving in India and the volume of such phones may reach 144 million units by 2025, a report by CyberMedia Research (CMR) said on Monday.
The first wave of 5G smartphones will contribute to roughly 1 per cent of the shipment volumes in 2020, primarily driven by a hyper-competitive market conditions with smartphone original equipment manufacturers (OEMs) aiming to establish their market leadership early.
“In 2020, India will see the first wave of 5G devices from leading smartphone OEMs, mostly Chinese, aiming to establish their 5G leadership early. We anticipate around 10-12 5G smartphone models to hit the market during the year,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR.
