India Surpasses the US to Become the World's Second-Largest Market for 5G Smartphones
| Category | Details |
|---|---|
| Key Development | India surpasses the US to become the world's second-largest 5G smartphone market. |
| Global 5G Market Share | China: 32%, India: 13%, US: 10%. |
| Leading Global Brands | Apple: >25%, Samsung: >21%. |
| Top 5G Models | Apple and Samsung dominate, with Apple holding the top 4 spots. |
| India's Growth Drivers | Contributions from Samsung, Vivo, Xiaomi; focus on budget 5G smartphones. |
| Market Penetration | 5G smartphones currently make up 54% of the total handset market. |
| Future Projections | 5G market share expected to rise to 57% in 2024 and 65% by 2025. |

