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December 30, 2024 3:41 PM

India’s smartphone market reaches record high in Q3 2024, driven by 5G models

India’s smartphone market hit a new milestone in Q3 2024, registering a 3% year-on-year growth in volume and a remarkable 12% increase in value, according to Counterpoint’s monthly India Smartphone Tracker. 5G smartphones dominated the market, accounting for a staggering 81% of total shipments. The budget-friendly segment, specifically in the Rs 10,001-15,000 price range, saw a 93% penetration of 5G models, reflecting the strong consumer preference for affordable 5G devices. The market sha...

November 9, 2024 1:46 PM

India’s smartphone market estimated to grow 7-8 per cent this year

India’s smartphone market is expected to grow by 7-8 per cent this year, driven by strong demand for premium, 5G, and AI smartphones, according to a new report. The overall mobile handset market in India is anticipated to maintain steady growth. “As brands focus on bridging technology gaps and introducing affordable 5G devices, competition will likely intensify. The new wave of AI-capable devices will continue to fuel consumer preferences in the coming quarters,” said Pankaj Jadli, Analy...

October 14, 2024 11:17 AM

5G to inject USD 450 billion into Indian economy by 2040: Telecom Minister Scindia

Union Minister of Communications Jyotiraditya Scindia said on Monday that the adoption of 5G technology in India is expected to contribute an estimated $450 billion to the country’s economy by 2040. Speaking at the Global Standards Symposium, one of the world’s largest telecom events, held at Bharat Mandapam in New Delhi, Scindia said: "In India alone, 5G is anticipated to inject an astounding 450 billion dollars into the economy by 2040." Scindia underscored that 5G is about more than jus...

September 16, 2024 4:48 PM

Govt reports major progress in Smart Cities projects and 5G implementation

The Minister of State for Housing & Urban Affairs, Tokhan Sahu, provided an update on the Smart Cities Mission and 5G rollout in India during a written reply in the Lok Sabha on Thursday. According to the latest data from 100 smart cities, as of July 12, 2024, work orders have been issued for 8,016 projects valued at ₹1,64,223 crore. Of these, 7,218 projects amounting to ₹1,45,083 crore have been completed, demonstrating significant progress in the mission's implementation. The ministe...

May 16, 2024 9:26 PM

6g: The next technological leap

As 5G networks continue to expand worldwide, heralding new communication capabilities and services, attention is already turning to the next frontier: 6G. With the potential to revolutionize society, industries, and everyday life, 6G networks are poised to become the backbone of future communication needs, serving both humans and intelligent machines. To capitalize on this potential, collaboration between industry and research communities is crucial, with a shared vision driving advancements in ...

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Last Updated: 22nd Feb 2025