India’s smartphone shipments clock 11% growth to 169 mn

India’s smartphone shipments registered 11 percent growth to 169 million units in 2021, according to Counterpoint Research.
Increased adoption and demand for 5G smartphones was one of the key factors for high smartphone shipments in 2021. 5G smartphones contributed to about 17 percent of the overall shipments in 2021, registering 6x growth compared to 2020.

Intense competition among OEMs, availability of cheaper 5G chipsets and declining prices of 5G devices will enable brands to push more 5G devices into the market. The price of entry-level 5G devices has come down by 40 percent in the last six months. The increase in affordability of 5G devices has been a key reason for high 5G smartphone adoption.