Financial roadblocks may hinder India’s progress to widespread 5G adoption. Data analytics company GlobalData estimates that 5G penetration globally will be 38% by 2025, but only 12% of the Indian population will be enjoying the said service.
India's biggest 4G player, Reliance Jio Infocomm, has plans to speed up the rollout of 5G services by the second half of 2020 in a bid to prevent its competitors, Vodafone Idea and Bharti Airtel, from getting ahead by boosting their 4G capacity.
Smartphone shipments in India grew 24% sequentially in the third quarter of 2018 and 5% year-on-year ahead of the festive season, the analyst company Counterpoint Research claims.
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