The Prices of 4G devices surpassed 200 million units in India in 2018, Increasing by 50 percent in 2017, and securing a market share of 64%, a report by CyberMedia Research (CMR) said on Thursday.
While 4G-enabled mobile device imports spanned 60 percent, 4G tablets accounted for 44 percent of their entire tablet shipments in 2018, said CMR’s yearly 4G LTE Devices India Market Review Report 2018.
In 2018, 4G contributed for 100 percent of the overall data cards that were shipped through the entire year.
Reliance Jio (including Reliance Retail’s Lyf), Xiaomi, and Samsung emerged as the best 4G mobile phone players using 33 percent, 20 percent, and 17 percent market shares, respectively 2018. The Jio Phone has been counted as Reliance Jio’s 4G mobile device offering.
In the 4G tablet class, Lenovo, Samsung and iBall procured 40 percent, 26 percent and 14 percent market shares, respectively.
According to CMR, 4G technology adoption would potentially surpass 80 percent by 2024.
Narinder Kumar, Lead Analyst-IIG, CMR, said:”2019 will continue to determine 4G adoption in India increase, through 4G feature phones, and bundled offerings in the entrance level contributing to growth in 4G device imports.”
Additionally, the report also estimates that 5G smartphone shipments in India would top 140 million by 2025.
“Our internal study estimates point to the 5G-enabled devices contributing to 3 percent of their total smartphone shipments by 2021 and potentially reach 16 per cent by 2025,” Ram said, including”The course of 5G at India is going to likely be driven by the way Jio plays its cards”