5G Smartphone Shipments Reach a Record 58% Share in Q3 2023: IDC

The demand for 5G smartphones in a country like India is shooting up due to the telecom operators rolling out the network technology at a rapid pace. As users look to upgrade their devices, the next obvious option for them is a 5G phone. One reason why many could hesitate to upgrade to a 5G phone is ‘affordability’. However, that issue will be addressed in the near future. According to IDC’s Worldwide Quarterly Mobile Phone Tracker, the average selling price (ASP) of the 5G phones dropped to US $357 in India in Q3 2023, a decline of 9% YoY. This coupled with the unlimited 5G data offer from the Indian telcos, more and more users have started upgrading to a 5G phone.

• Make Telecom Talk My Trusted Source
• 
• 

Read More – Lava Brings a 5G Phone Under Rs 10000

As per the report, 5G smartphone shipments in Q3 2023 recorded a 58% share with 25 million units, a first for the Indian market. The response from the market won’t only encourage the mobile makers or the OEMs (original equipment manufacturers) to invest further into their 5G projects, but will also push the telcos to innovate and bring 5G to more corners of the country.

IDC reported that Samsung Galaxy A14, iPhone 13, and Redmi 12 were the highest-shipped 5G smartphones in Q3 2023. In fact, more people are looking for affordable 5G phones. In the mass budget segment ($100-200 USD), the 5G share grew from 34% to 52% QoQ.

Read More – Qualcomm Announces Snapdragon 8 Gen 3, a Chip Focused on AI

Upasana Joshi, Research Manager, Client Devices, IDC India, said, “A swift uptake in affordable 5G smartphone shipments signals bullish sentiments and success of affordability efforts of the vendors. We should expect the previous generation of premium smartphone models to be in high demand this festive season, made affordable by various offers and upfront discounts across channels.”