Recently the 5G spectrum auction in India has been completed, but 5G smartphones are being launched in the country for the last two years. Now according to a new news, by 2023, the number of 5G smartphones in the country will exceed 4G phones.
There will be more 5G devices than 4G smartphones in 2023
According to the news of ETTelecom, Xiaomi India President Murlikrishnan B said that the 5G auction is now complete and the government is trying to start 5G service by the end of the year. He said that in view of this, he expects consumer demand for 5G smartphones to increase.
While IDC is projecting the 5G smartphone count to reach 15 percent by the end of the year, 5G smartphones currently account for 29 percent in the country and could reach 38 percent by the end of 2022, according to Counterpoint Research. Prachir Singh of Counterpoint Research told the publication that in 2023, 5G smartphones will outnumber 4G smartphones.
They further say that with the end of the supply issue, 5G smartphones can also be available in the budget of Rs 10,000 next year. The adoption of this next-gen technology will increase due to the presence of 5G phones at a low cost.
According to the publication, Realme India Vice President Madhav Sheth said that at present, more than half of the company’s smartphones offer 5G connectivity. He further said that they will try to introduce 5G smartphones in the range of Rs 10,000 to 15,000 in the coming time. According to the news, Xiaomi is also planning to launch a cheap 5G phone.