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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
5G has been the most awaited feature for consumers, promising to change the way one uses his/her phone due to the enhanced capabilities that come with 5G. Some of these include downloading major files or sending larger files in a fraction of the time that is currently taken.
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That being said, the feature is yet to arrive, and, as per reports, it will still be delayed in India, with the possibility of a launch in 2022, given the situation regarding 5G spectrum auctions and the trials, which are just starting.
A ConsumerLab report by Ericsson provides some insight on 5G and how many users will move to the technology, indicating the true importance of the 5th Gen network and providing an insight into the number of prospective consumers waiting for the same.
40 Million Indians Ready to Upgrade to 5G in 2021
The report mentions that around 300 million consumers globally could upgrade to 5G in 2021 (Worldwide), which includes 40 million Indian users as well.
Do note that the trials for 5G are yet to commence in India, further indicating the delay that has been caused by the pandemic and bad planning from the government. For those of you unaware, 5G will bring low latency applications and provide revenue new streams, being a major improvement over 4G.
The report also states that India has the highest rise in intention to upgrade to 5G, with 67% of users interested in taking up 5G when it is available.
