New Delhi: India is more prepared to accept the forthcoming network than other global countries like the UK and the US, with over 100 million smartphone users prepared to upgrade to the 5G network by 2023, The Business Standard reported citing a report released on Wednesday.
“Intention to upgrade to 5G in urban India is two times higher than their counterparts in markets like the UK and US where 5G has already been launched. Over the past two years, India has witnessed a three times increase in smartphone users who own a 5G handset,” the Promise of 5G report released by Ericsson ConsumerLab said.
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In the upcoming 12 months, 59% of all smartphone users in the nation plan to upgrade to 5G.
Out of these 59 per cent, “36 per cent plan to churn to the best provider of the 5G network when it is available,” according to the report.
“Even as 5G will provide immersive experiences to urban customers, it will also play an important role in achieving India’s digital inclusion goals, especially in bringing broadband to rural and remote homes,” Nitin Bansal, head of Ericsson India and head of Network Solutions, for South-east Asia, Oceania and India, Ericsson said.
In India, seven out of ten smartphone users anticipate that the adoption of 5G will result in better video streaming quality.
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Health and fitness, 360-degree live video streaming, cloud gaming, 5G TV Package, virtual meeting spaces, immersive education, best-seat event experiences, interactive calling, location-based AR shopping, and VR shopping are additional services that Indian consumers want to access using 5G telephony.
According to the survey, people who anticipate innovative 5G service providers will pay a 15% premium for a package if their expectations are satisfied.
“More innovative experiences need to be bundled to meet the expectations of early adopters to successfully monetise 5G,” Jasmeet Sethi, head of Ericsson ConsumerLab, said.
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