Prabhu RamWith 5G being in constant limelight for the last couple of years, the first wave of 5G devices will appear in India and will contribute roughly 1 per cent to the overall shipment volumes in CY 2020. According to the CMR’s India Mobile Handset Market Review Report, this will be primarily driven by hyper-competitive market conditions, with smartphone OEMs aiming to establish their market leadership early.
Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR, says, “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. While 5G shipments will remain nascent, for early tech adopters, it represents more choices, than before.”
However, 5G smartphone sales in India are potentially top 144 million units by 2025.
“With the onset of 5G, the field of play will get increasingly limited for Indian brands. Unless they start investing, and upscaling their R&D and innovation efforts around 5G, they will be further marginalized,” added Prabhu.
The next generation of mobile internet 5G is expected to offer much faster data speeds both for uploads and downloads. It is expected to bring improvements in data transfer speed while reducing latency. 5G networks are expected to elevate the next wave of IoT ecosystem including connected homes and smart vehicles.
Source: BusinessToday
