India is expected to see 5G smartphone shipments surpass 4G smartphone shipments by the end of 2023, according to Counterpoint’s India Market Outlook. The report predicts that cumulative 5G smartphone shipments in India will reach the 100 million mark in Q2 2023.

5G Smartphone Shipments in India on Expect to Exceed 4G Shipments by End of 2023

Driving this growth is the expanding presence of 5G smartphones in lower price bands, as well as the rollout of 5G networks in the latter half of 2022. In fact, the share of 5G smartphones in lower price bands is expected to increase from 4% in 2021 to 14% in 2022, and reach 30% in 2023. The availability of cheaper 5G chipsets from Qualcomm and MediaTek has enabled original equipment manufacturers (OEMs) to launch more 5G devices in the lower price segment, while the commercial rollout of 5G services has also increased demand.

However, the growth of 5G in India has been limited by component supply shortages, inflation, geopolitical conflicts, and other macroeconomic issues, which have delayed 5G device launches in the budget segment. OEMs have responded by dropping or downgrading certain features, such as display quality or fast charging, in order to keep the cost of 5G devices low. This has had an impact on consumer demand for 5G within this price tier. In addition, the limited availability of 5G networks has also affected demand.

Despite these challenges, the outlook for 5G in India is positive. These constraints are expected to ease by the end of 2023, leading to the mass adoption of 5G. The better availability of 5G networks in major areas is also expected to drive growth in 5G smartphone shipments, which are estimated to increase by 62% year-on-year in 2023.

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