5G smartphone shipments in India grow 30% in Q3 2022, shows report

5G smartphone shipments in India grew to 30 per cent (year-on-year) in Q3 2022, while smartphone shipments declined 12 per cent (year-on-year), and on a quarter-on-quarter basis, smartphone shipments recorded a 16 per cent growth, a report said on Wednesday.

According to CMR, the overall Mobile market witnessed a 16 per cent (year-on-year) decline in Q3 2022.

“On the back of the recent 5G auctions, shipments of 5G smartphones continued to gain momentum during the quarter. Driven by the festive season sales, consumer appetite for 5G, value for money and premium smartphones saw strong growth,” said Menka Kumari, Analyst – Industry Intelligence Group, CyberMedia Research (CMR).