India, Oct. 9 -- India's smartphone market witnessed a robust 10% year-over-year growth in the first quarter of 2024, according to a recent report by CyberMedia Research (CMR). This surge is primarily attributed to a significant increase in 5G smartphone shipments, which now account for 70% of the market, marking a 91% growth from the previous year.

The CMR report highlighted the increasing shift towards premium smartphones, with the adoption of devices priced above INR 25,000 the market experienced a 71% year-over-year shipment increase. This trend underscores the country's strong consumer demand and growing affordability of high-end technology.

The adoption of 5G technology has been particularly a notable factor in the price range bet...