Recent research said India’s mobile industry crossed a significant milestone of 100 million 5G smartphone sales in May 2023, surpassing 4G smartphone shipments per month for the first time. The research firm expects the active install base of 5G handsets to cross 140 million by the end of 2023. India’s burgeoning smartphone user base has also drawn the attention of global tech companies, leading to a surge in investments and innovations specifically targeted toward the Indian market.
The Indian smartphone ecosystem now boasts a wide range of devices catering to different price points and user preferences.
India has been experiencing steady growth in smartphone adoption over the past decade, fueled by factors such as decreasing smartphone prices, expanding internet connectivity, and the emergence of budget-friendly, feature-rich smartphones. This combination of affordability and advanced capabilities has made smartphones more accessible to a diverse range of Indian consumers, including those from rural and economically disadvantaged backgrounds.
