New Delhi, Feb 22: Shipments of 5G-enabled smartphones is expected to exceed 140 million in India by 2025, according to a new report by technology market research company CyberMedia Research (CMR).
As per CMR’s “4Ps of Mobile Handset Industry Report 2019” that focuses on the hyper-competitive mobile industry ecosystem in the country, 5G-enabled smartphone shipments are anticipated to grow by around 250 per cent by 2025.
“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.
On Thursday, South Korean tech giant Samsung unviled its 5G-enabled flagship smartphone – Galaxy S10 5G.
Recently, Chinese smartphone maker Huawei has anouced to unveil its first foldable 5G smartphone at the world’s biggest mobile fair – the Mobile World Congress (MWC) 2019 that will begin in Barcelona next week.
Chinese smartphone maker OnePlus will reportedly launch 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.