Analyst Archie Zhang attributed the increased take-up of 5G devices to the buzz created by Apple's first 5G-capable device, the iPhone 12.
He also credited the release of 5G models by other OEMs like OPPO, vivo, Xiaomi and realme as playing a role.
Another factor behind the increasing shipments was the rollout of 5G infrastructure in emerging markets, especially in South-East Asia and the Middle East.
"realme is aggressive in popularising 5G devices. The OEM’s 5G share in its emerging market smartphone shipments went up from 8.8% in Q1 to 15.9% in Q2, ranking third after Apple and OnePlus.
"The OEM’s global shipments increased 135% year-on-year to 15 million in Q2 2021, taking the sixth spot for the first time. Globally, realme’s 5G devices rose 37.0% in shipments in Q2, increasing from 22.7% in Q1."
The Counterpoint post said it was more or less taken for granted that a smartphone launched in a developed market would support 5G.
But this perception did not hold good for most emerging markets and they were the areas with the biggest potential for growth.
"India’s market, which posted 75.5% quarter-on-quarter growth in 5G device shipments, will likely sustain the current strong momentum through the rest of this year," Zhang added.
"Countries in South-East Asia will also likely see a 5G shipment increase in the second half but the real difference will be made in 2022 when major countries in the region put 5G to commercial use.
"Affordable 5G products may prove to be a game changer, and OEMs with popular 5G budget phones should witness a considerable jump in their market shares. This is an opportunity no OEM would like to miss."