India Surpasses US to Become World’s 2nd Largest 5G Mobile Market: Counterpoint Study – ABP Live

India has officially surpassed the United States to become the world’s second-largest market for 5G mobile technology, according to a recent report by Counterpoint Research. This milestone marks a significant achievement for the South Asian country as it continues to rapidly advance in the tech industry.

With a population of over 1.3 billion people, India has seen a surge in the adoption of 5G technology in recent years. The country’s telecom operators have been aggressively rolling out 5G networks, with major players such as Reliance Jio, Bharti Airtel, and Vodafone Idea leading the way.

According to the report, India now accounts for 7% of the global 5G smartphone market, with sales of 5G devices expected to reach over 38 million units by the end of the year. This growth can be attributed to the increasing availability of affordable 5G smartphones in the market, as well as the government’s push to expand 5G infrastructure across the country.

Industry experts believe that India’s rapid rise in the 5G market is a testament to the country’s potential as a global tech hub. With its large consumer base and expanding digital infrastructure, India is poised to become a key player in the global 5G ecosystem.

As India continues to make strides in the tech industry, analysts predict that the country will soon overtake China to become the world’s largest 5G market. This achievement would not only solidify India’s position as a tech powerhouse but also open up new opportunities for innovation and growth in the country.