Millions of Indians are spending close to five hours on their smartphones daily
And, 5G promises to revolutionise the Internet with super-fast connection speeds and reduced latency, giving gaming and OTT streaming a much needed boost
The Indian gaming industry is set to become a $5 billion sector by 2025, with more than 450 million online gamers by 2023
OTT streaming is also picking up pace in the country
The installed base of smartphones with 5G capabilities has crossed five crore in the country
5G smartphone shipment share reached 29 per cent of overall shipments in the April-June period this year
It is the highest ever, according to Counterpoint Research
5G will help in enriching viewer experience on regular as well as OTT platforms, Charu Paliwal, Research Analyst, Counterpoint Research, said
For instance, at times, we see low-grade video performance during live streaming of cricket matches or other events on OTT platforms, he added
Another report said that 5G shipments in India grew 163 per cent in the April-June period, and Samsung led the segment with a 28 per cent market share