17:12 - 6.09.2024

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September 6, Fineko/abc.az. India has become the 2nd largest 5G smartphone market in the world after the U.S.

ABC.AZ reports with reference to the latest report of Counterpoint Research.

According to the report, India currently owns 13% of the global 5G smartphone market, second only to China with a 32% share. The U.S. dropped to 3rd place with a 10% market share.

The growth of the Indian 5G smartphone market is likely linked wih the high sales figures of brands such as Samsung, Vivo and Xiaomi (XIACY), in particular in the budget segment.