Sushant Gupta
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India has now passed the US as the country becomes the world’s second-largest 5G smartphone market. China remains in the top position...
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India has now passed the US as the country becomes the world's second-largest 5G smartphone market. China remains in the top position as the largest ever 5G market for 5G smartphones.
5G smartphones have become a growing demand in the global market and Indian consumers have hopped on this trend as well. These smartphones have seen a steady incline in sales in the country as more and more Indians are opting for faster and better network connectivity from their phones.
It has been reported that brands such as Vivo, Samsung, and Xiaomi have contributed to this growth. These brands offer budget phones with 5G capability making 5G more accessible to the general public.
India now holds 13% of global shares in the 5G smartphone market. While China sits comfortably on top with a total of 32% in shares. After being surpassed by India, the US has fallen to the third position with 10% of shares, a number not too far away from India's shares.
Apple is currently the largest shareholder of 5G smartphones owning more than 25%. Meanwhile, Samsung follows a close second with 21% in total market shares. Samsung's rise to the top can be attributed to its Samsung Galaxy S24 and A series. On the other hand, Apple leads the market with the iPhone 14 and iPhone 15 series.
India's rise as the second-largest 5G Smartphone share-holder was backed by Xiaomi's growing presence in the country. Xiaomi's success can also be seen in other countries such as Middle Eastern, African and European countries. Other phone brands such as Vivo have also contributed to India's growth. Motorola also increased its 5G shares in the CALA (Caribbean and Latin America), North America, MEA, and India.
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Is an Online Geek. Who Diggs out the different ways for how can we make money online. He has been earning through e-commerce sites for years and wants to share his experience with all.
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