The growth of the Indian 5G handset ecosystem is being driven by aggressive Chinese brands like Realme, Oppo and Vivo. Because of their aggression, the cheapest 5G smartphone is now priced at around $188 in the country. IDC analysts estimate 5G smartphone shipments will rise significantly to reach up to 40 million, about 24% of the total smartphone shipments, for the whole of the 2021 calendar year. Counterpoint Research and CyberMedia Research (CMR), however, expect 30-32 million 5G smartphone shipments by the year-end. As per IDC, Counterpoint and CMR, Realme had the highest 5G smartphone market share in the April-June quarter, followed by OnePlus and Oppo.
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