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India Smartphone Market 2021 Analysis and 2022 Outlook

Dec 27, 2021 | Author : Shilpi Jain

Overview:

The report summarizes the key trends in India smartphone market in 2021 with top predictions for 2022. India’s smartphone market has been experiencing steady growth over the last five years. It is estimated to grow 18% in 2022 with 5G boom. 5G shipments are expected to triple in 2022 driven by increasing consumer demand and lower ASPs.

5G Shipment growth, semiconductor shortage, Higher ASPs and ‘Make in India’ capacity expansion were major highlights in 2021.

In 2022, accelerated growth, 5G boom, increase in exports and domestic production and premium segment growth will be key trends.

Number of Pages: 8

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