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5G-enabled smartphone shipments to exceed 140 mn in India by 2025
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SME Times News Bureau | 23 Feb, 2019
Shipments of 5G-enabled smartphones would exceed 140 million in India by
2025, a new report by technology market research firm CyberMedia
Research (CMR) said on Friday.
According to CMR's "4Ps of Mobile
Handset Industry Report 2019" that focuses on the hyper-competitive
mobile industry ecosystem in India, 5G-enabled smartphone shipments are
expected to grow by around 250 per cent by 2025 on the back of a slow
and gradual uptake.
"Over the coming months, many smartphone
brands would be looking to showing off their prototype, or 5G-ready
devices. The initial 5G-enabled devices would be at a high price point,
and in the uber-premium segment. Smartphone brands, including OPPO and
others, are likely to be the technology leaders in the 5G era," Prabhu
Ram, Head of Industry Intelligence Group (IIG), CMR, said in a
statement.
It is pertinent to note that South Korean tech major
Samsung launched its 5G-enabled flagship smartphone - Galaxy S10 5G - on
Thursday and hours later, Chinese premium smartphone maker OnePlus also
announced launching its 5G-enabled phones in the second quarter of
2019.
"At CMR, we anticipate 5G to attain scale from 2022
onwards. As on date, there are various critical themes at play,
including the impending 5G spectrum allocation later this year as well
as the necessary technical and infrastructure upgradation required for
5G," added Ram.
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