The world of phone 5G continues to grow and India is becoming increasingly important. This is what a research by Counterpoint Research says, which on the one hand assigns seda a part assigns to Apple global leadership with a market share of over 25%, on the other hand also says why Apple is increasingly looking at the Asian country market.
The share of 5G devices shipped globally surpassed 50% for the first time in the first half of 2024 as India surpassed the US in 5G device shipments and is now the second-largest 5G device market. Among the top five countries, India is the fastest growing.
Just look at the chart below to see why India is now the “place to be” if you want to sell. Shipments of 5G phones in the country have grown by 60%, double what they have grown in, for example, the United Kingdom. But India has a population almost twenty times larger and although less wealthy it has enormous potential, more than China at present.
Meanwhile, Apple is enjoying record sales. Apple’s 5G device shipments are driven by lineup shipments iPhone 15 e iPhone 14. Samsung ranks second, with more than 21% of market share, driven by the series Galaxy A e S24.
In the first half of 2024 Apple e Samsung they occupy five positions in the top 10 of the best-selling 5G models, with Apple taking the top 4 spots. Xiaomi ranks third with the Indian market indicated as a strong catalyst.
All articles dedicated to Finance and Market are available at the respective links.