Tech obsessed people can finally rejoice over the fact that the first set of 5G model smartphones will be available for purchase soon. Some models will be available in the first quarter of 2020. These models will be from the luxe category i.e. the price range of the models will start from Rs. 30,000 and above.
The Indian government has also approved the network equipment makers from the leading brands to start working on 5G support trials. Last year, it was announced that the 5G spectrum auction will take place in early 2020 by Ravi Shankar Prasad, Union Telecom Minister. He said “The communications policy is already in place, and by the end of the year or the beginning of the next year, we propose to go for auction of spectrum. We are very sure that India's auction of spectrum will be done in fair and transparent manner.” A spectrum auction is the process that deals with the Indian Government assigning the licence (rights) to transmit signals over various brands under the electromagnetic spectrum.
A leading technology research firm is also expecting that India will have 15-18 smartphone models exclusive of the 5G facility soon. They have excluded variants from this research. International Data Corporation has also mentioned that due to the factor of cost-efficient pricing, many companies will launch many phone variants that support 4G and 5G facility in this year. However, the sale of proper 5G phones in the market will pick up from 2021.
International Data Corporations’ research director, Navkender Singh mentioned, “We believe in 2020, brands will come up with 5G phones priced above $500 (Rs 35,800) along with their 4G variants, which will be cheaper by Rs 10,000. Only towards the beginning of 2021 do we expect prices of 5G phones to fall below $300.”
The leading research firm has also estimated that in 2020, about 1.5 million 5g phones will be purchased. This comprises up to 1% of India’s overall sales of smartphones.