Trending

Stories

Amid uncertainty, 5G phone sales to grow in India in 2021

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

WP Rocket - WordPress Caching Plugin

Must Read

While the commercial roll-out of 5G is still some years away in India, smartphone sales are expected to grow exponentially in 2021 and this will be the first year when consumers will buy 5G smartphones by choice and maximize their returns on investments by future-proofing the expenditure, a new report said on Tuesday.

While consumers looking to buy a smartphone above Rs 25,000 (premium and luxe) category will prefer a 5G smartphone, consumers willing to spend lesser than this will not necessarily buy a 5G smartphone despite being made available by the OEMs, according to the report by Gurugram-based market research firm techARC.

Also Read

“This is because of the two reasons. Firstly, as we move along the mass markets in technology, we see lesser early adopters. Second, there is still apprehension about usage of 5G services,” said Faisal Kawoosa, Founder and Chief Analyst, techARC.

The users fear investing in the first version of the technology and believe that the second generation is always stable and safe to invest as market feedback and tests will result in improvisations.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“Looking at the present macro conditions of the telecom sector in India, it is unlikely that 5G services will be launched at affordable price plans. To recover the 5G investments, operators will have to price them at least 30-50 per cent more than the present 4G plans,” Kawoosa added.

While smartphone OEMs will ‘loud-speak’ about 5G smartphone launches, there will be periodic 4G smartphones launched as well.

Towards the second half of 2021, OEMs could launch more 4G smartphone models to boost the overall smartphone sales across mass and entry-level segments, the report mentioned.

Smartphone OEMs like OPPO and OnePlus have made specific steps to bolster their 5G initiatives in India, which will also serve global markets. Other major OEMs like Samsung, Xiaomi, Vivo and realme have already launched their 5G portfolio in India.

“Both these developments have placed the smartphone industry in the anchoring spot driving the growth of 5G in India and ramping up its presence on the 5G map globally,” the report said.

Other enablers in the 5G ecosystem have also started their work on the ground, but the smartphone players have outshined others including telecom operators, equipment manufacturers as well as the policy makers.

This is going to be a major contribution of the smartphone OEMs in India’s journey towards 5G by building up an active subscriber base with a 5G compatible smartphone in their hands that encourages operators and others to pace up the activities, said the report.

iThemes WordPress Hosting

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

Latest

Stories

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -
Realme GT Neo 5 Full Specs Revealed  Samsung Galaxy S23 Ultra: The New Android King Twitter To End Free API February 9 MLS Season Pass Now Available On Apple TV App Tesla To Increase Giga Shanghai EV Production to 20,000 Weekly  OpenAI Releases Tool To Detect AI-generated Text Tesla Records Double Net Profit in 2022 India to Produce Upcoming iPhones: Trade Minister Japanese Professor Developed A Power Semiconductor made of Diamond Google Releases New Product for India’s Merchants
Indian EV Startup Unveil Two AutoBalancing Electric Scooters OPPO Find X6 Pro Images Render via Weibo Sony Develops New Tech to Reduce Noise of Image Sensors Tesla’s S & Y Models Earn Best-in-Class Cars of 2022 India Approved $320m to Promote Homegrown Payments Network Twitter Roll Out TikTok-like ‘For You’ Timeline on iOS Nothing Phone Enters US with Beta Membership Program Finally! Apple’s VR Headset Coming this Spring