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Smartphone market grows 3% this year as 5G models dominate
The Business Guardian
|December 31, 2024
India's smartphone market grew 3 per cent YoY in volume and 12 per cent in value in Q3 2024, to achieve a record-high quarter, according to Counterpoint research monthly India Smartphone tracker.
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5G smartphones accounted for 81 per cent of the total shipments, with 93 per cent penetration in the Rs 10,001-15,000 range because of Indians' choice for budget-friendly 5G models.
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