A research report by Strategy Analytics has claimed that the number of 5G smartphones is expected to grow more than tenfold to reach 199 million shipments worldwide which translates to an estimated 15 per cent of all smartphone shipments, up from just 1 per cent in 2019.
The report also estimates that China, the United States, South Korea, Japan and Germany will account for 90 per cent of all 5G smartphone sales.
The first half of 2020 will see slower than expected shipments for smartphones due to the deadly Coronavirus epidemic, while the second half of the year will see a bounce-back in demand.
Additionally, India and Indonesia are the two important markets lagging behind in 5G adoption rates as they are not expected to have mass-market 5G networks for at least another year.
Recently, US based investment banking and financial service company Goldman Sachs is forecasting a hefty 200 million 5G smartphone shipments globally in the coming year.
The new predicted value is about 20 times more than the sales figure of 2019.
With the COVID-19 lockdown keeping most people at home, Indians are now spending more time on over-the-top (OTT) media services and educational and fitness apps than ever, a report said on Wednesday.
After the COVID-19 outbreak in India, video conferencing applications like Zoom, Hangouts, Google Duo, and Houseparty have seen over 71 per cent increase in time spent, with more than 104 per cent increase in active user count, said the report by Gurugram-headquartered tech company Bobble AI.
The findings are based upon the anonymised and aggregated insights collected on Bobble AI platforms post and during the COVID-19 outbreak in India, the company said. While video conferencing desktop and mobile application Houseparty has seen a massive increase of 215.97 per cent in time spent, along with a spike of 8,142.55 per cent in active users, Zoom has seen an increase of 141.69 per cent in time spent, with an 85.43 per cent increase in engagement rate and a 2,542.23 per cent increase in active users, the results showed.
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OTT platforms like Hotstar, Amazon Prime and Netflix have seen an 82.63 per cent increase in time spent, said the report. The Bobble AI data intelligence and analysis revealed that fitness applications like, Lose Weight at Home, Cure.fit, Home Workout has seen a 39.50 per cent increase in time spent with a 14.72 per cent increase in engagement rate, and 104.53 per cent increase in daily active users.
‘Lose Weight at Home’ app has seen a 46.98 per cent increase in time spent, with a 49.33 per cent increase in active users.
Similarly, e-learning platforms like Udemy, Unacademy and Byjus have seen an 82.73 per cent increase in time spent, along with a whopping 122.62 per cent increase in engagement and 25.12 per cent increase in daily active users, said the report.
With the complete lockdown, social media and messaging apps have also seen an instant boom. Applications like Instagram, Facebook, WhatsApp, and Twitter have seen a 46.28 per cent hike in time spent, with a 49.23 per cent increase in engagement and a 29.55 per cent increase in daily active users, said the report.