India has become the world’s second-largest 5G mobile market, surpassing the United States and trailing only China. The country’s quick adoption of 5G technology is being pushed by the rising availability of low-cost 5G phones and data plans, resulting in broad high-speed access.
According to a Counterpoint Research analysis, global 5G handset shipments increased 20% year on year in the first half of 2024. Apple topped the market with a 25% share, owing to the success of its iPhone 15 and 14 series, while Samsung followed, aided by its Galaxy A and S24 series. In India, Xiaomi, Vivo, and Samsung played critical roles in driving 5G adoption with low-cost choices, propelling the country to second place in the worldwide market.
Tarun Pathak, Research Director, credited India’s exceptional rise to the expansion of 5G networks and the increasing affordability of devices. As 5G becomes more accessible, particularly in lower-cost segments, this trend is projected to continue.
This spike reflects a larger worldwide trend, with emerging markets quickly adopting new technologies. India’s advancement demonstrates not only its expanding technological prowess, but also its increasing competitiveness in the global tech environment.
