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 percent 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.
It is pertinent to note that South Korean tech major Samsung launched its 5G-enabled flagship smartphone - Galaxy S10 5G - on Thursday and hours later, Chinese premium smartphone maker OnePlus also announced launching its 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.