India has overtaken the US to turn out to be the world’s second-biggest 5G handset market. (Representational)
New Delhi:
India has overtaken the US to turn out to be the world’s second-biggest 5G handset marketplace for the primary time, behind China, a report has talked about.
World 5G handset shipments grew 20 per cent (year-on-year) within the first half of 2024, based on the Counterpoint Analysis. Apple led the 5G handset shipments, accounting for greater than 25 per cent share.
Apple led the 5G handset shipments globally, accounting for greater than 25 per cent share, pushed by robust shipments of the iPhone 15 sequence and 14 sequence, reported information company IANS.
5G handset shipments have been rising steadily and with the elevated availability of 5G handsets within the finances phase, the rising markets have witnessed excessive development on this phase.
“India turned the second-biggest 5G handset market in the course of the first half, overtaking the US. The robust shipments from Xiaomi, Vivo, Samsung and different manufacturers within the finances phase have been the primary cause for this pattern,” stated senior analyst Prachir Singh.
Samsung adopted within the second place, capturing greater than 21 per cent share, pushed by the Galaxy A sequence and S24 sequence. Apple and Samsung took 5 spots every within the top-10 listing for 5G fashions within the first half of 2024, with Apple taking the highest 4 spots.
Different rising markets additionally witnessed excessive development in 5G handsets. Customers in rising markets are taking a look at 5G handsets as an improve to their units, even within the cheaper price segments.
Asia-Pacific accounted for 63 per cent of the general international web provides and commanded a 58 per cent 5G cargo share. In Europe and the Center East and Africa (MEA) areas additionally, 5G handset shipments witnessed double-digit development.
Analysis Director Tarun Pathak stated that because the democratisation of 5G handsets will increase with rising 5G penetration in cheaper price segments in addition to rising growth of 5G networks, this pattern will additional develop.
(Apart from the headline, this story has not been edited by EDNBOX workers and is revealed from a syndicated feed.)