India has overtaken the US to turn into the world’s second-biggest 5G handset market. (Representational)

New Delhi:

India has overtaken the US to turn into the world’s second-biggest 5G handset marketplace for the primary time, behind China, a report has talked about.

World 5G handset shipments grew 20 per cent (year-on-year) within the first half of 2024, in response to the Counterpoint Analysis. Apple led the 5G handset shipments, accounting for greater than 25 per cent share.

Apple led the 5G handset shipments globally, accounting for greater than 25 per cent share, pushed by sturdy shipments of the iPhone 15 collection and 14 collection, reported information company IANS.

5G handset shipments have been rising steadily and with the elevated availability of 5G handsets within the funds phase, the rising markets have witnessed excessive development on this phase.

“India grew to become the second-biggest 5G handset market through the first half, overtaking the US. The sturdy shipments from Xiaomi, Vivo, Samsung and different manufacturers within the funds phase had been the primary motive for this development,” mentioned senior analyst Prachir Singh.

Samsung adopted within the second place, capturing greater than 21 per cent share, pushed by the Galaxy A collection and S24 collection. Apple and Samsung took 5 spots every within the top-10 checklist for 5G fashions within the first half of 2024, with Apple taking the highest 4 spots.

Different rising markets additionally witnessed excessive development in 5G handsets. Shoppers in rising markets are taking a look at 5G handsets as an improve to their units, even within the lower cost segments.

Asia-Pacific accounted for 63 per cent of the general world web provides and commanded a 58 per cent 5G cargo share. In Europe and the Center East and Africa (MEA) areas additionally, 5G handset shipments witnessed double-digit development.

Analysis Director Tarun Pathak mentioned that because the democratisation of 5G handsets will increase with growing 5G penetration in lower cost segments in addition to growing growth of 5G networks, this development will additional develop.
 

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