5G smartphone shipments in India may reach 64 mn

5G smartphone shipments in India may reach 64 million amid spectrum auction later this year, according to market research firm CMR.
“Smartphone OEMs will prioritise 5G, by leveraging favourable supply side dynamics, and will continue to drive 5G, especially at lower price tiers,” said Anand Priya Singh, Analyst- Industry Intelligence, CMR.

Last year, total smartphone shipments touched an all-time high of 166 million units, growing 11 percent (on-year), with $37 billion in revenue.

5G played a key role in the overall smartphone growth with its contribution increasing to 17 percent in 2021. 5G shipments increased 43 percent in the value for money segment of Rs 7,000-Rs 24,999,” said CMR analyst Shipra Sinha.

In Q4 2021, Samsung led the 5G smartphone segment with 23 percent market share followed by Apple at 14 percent.

OnePlus Nord 2 accounted for more than 40 percent of OnePlus’s market share and was the top-selling overall model in the premium segment. The OnePlus Nord series accounted for more than 70 percent of its market share.