5G smartphone share in India at 7% in Q1: Report

New Delhi: The share of 5G smartphone sales in the India market has reached close to 7% in the January-March period and is forecasted to hit 21% for the full year 2021, according to a joint report by phone brand Realme and Counterpoint Research.

“Even without a commercial network, India’s appetite for 5G is growing,” as per the report.

“The biggest drivers of entry-to-mid tier segments are likely to come from Asia with India launching 5G in 2022 and Indonesia entering its growth phase. With a combined population of over 1.6 billion these markets – in particular India – will drive 5G sales growth through the long term.”