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.
Source: Economic Times