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4Ps Mobile Plus Economy
4Ps Mobile Plus Economy
EDITION SIX
CMR 4Ps REPORT 2021
OPENING NOTE
As we move ahead, India is poised to emerge as an attractive hub for global enterprises,
new tech start-ups and investors. India’s Atmanirbhar Bharat Policy is a major initiative to
foster manufacturing in India, and spur innovation and entrepreneurship.
With its vast scientific talent and market acumen, India will stamp its leadership in emerging
technologies, such as Artificial Intelligence and Blockchain to serve India, and the world. The
focus is on ramping-up the digital infrastructure to foster adoption of emerging technologies,
including 5G, AI and IoT for healthcare, agriculture, education, cybersecurity, and smart city
infrastructure, among others.
As the bellwether of timely insights and trends on the Indian technology industry, CyberMedia
Research (CMR) has been playing a pivotal role. I wish to congratulate Shri Prabhu Ram and
the entire research analyst team at CMR for the sixth edition of the CMR 4Ps Report 2021.
The fact that is the only such report bringing together perspectives from the mobile handset
makers, telecommunications equipment manufacturers, OTT players gives a very rich, and
interesting read on India, and what lies ahead.
Amitabh Kant,
CEO
Niti Aayog
CMR 4Ps REPORT 2021
Research Methodology
Primary interactions with key stakeholders in the Indian mobile plus ecosystem provided
key inputs for this report. Extensive primary research analysis and insights done by CMR
analysts, were backed by secondary research.
CMR has >8,00,000 manhours of rich industry experience and insights on the Indian ICT
industry, and especially, the mobile ecosystem. The CMR analyst team deploys a three tier
research system, including several primary interactions with key stakeholders across the
mobile value chain, to glean bespoke insights.
The datapoints in this report are from CMR Monthly Mobile Handset Review Report, CMR
Industry KnowledgeBase, CMR Mobilytiks, CMR Quarterly Consumer Survey Insights, and
regular analyst-driven interactions with stakeholders in the mobile industry ecosystem.
The CMR’s 4Ps Report has been a bellwether for the India
mobile plus ecosystem. The sixth edition of the 4Ps report
features our bespoke intelligence and perspectives on the
dynamic India market.
Over the past six years, this report has become a much sought-
after, and one of the only such handbook for policymakers,
industry leaders, as well as all other ecosystem stakeholders in
India.
hu Ram.
Prab
Head- Industry Intelligence Group
CyberMedia Research & Services Ltd
06/
Preface
38/VAMSI KRISHNA,
INDUSTRY EXPERT
Gaming and eSports in India
43/
4Ps
53/
CxO Perspectives
CMR 4Ps REPORT 2021 11
A Decade of Promise and Possibilities
PRABHU RAM
Head- Industry Intelligence Group (IIG),
CyberMedia Research & Services Ltd
The year 2020 was a year marked by sheer turbulence, followed by a great reset.
The outbreak of the COVID-19 pandemic across the world and India led to a
prolonged period marked by uncertainty and challenges. The economic slowdown
prior to the pandemic, the increasing geo-political tensions, and finally the pandemic
itself, created a whirlpool of challenges for economic growth. Faced with an
unprecedented crisis, humanity found a common purpose. The ubiquitous
connectivity ensured continuity in human lives.
So, as we look at 2021 and beyond, how will the future be?
The role of smartphones as the central nervous system of human lives was re-
established. Through the course of the year, smartphone brands overcame supply
chain and associated pandemic-related challenges. Connectivity providers and
smartphone brands
The pandemic ushered significant digital adoption across Aspirational India (Tier II, III
cities and beyond), bringing many new rural internet users online.
Work and Learn from Home. In 2020, the world operated from home. As we move
into the post-virus era, the future of work will be predominantly hybrid, wherein the
work spaces of yore become hubs for connection and collaboration, while the home
will continue to remain the hub for daily work.
In 2020, teachers and students learnt to grasp and adapt to remote learning
experiments. In the next normal, technology will continue to have a lasting imprint on
the learning from home trend. Whether it be personalized learning or enabling
intuitive and immersive learning pedagogies, tech will be central to foster learning
and collaboration in the classroom.
Over the course of the pandemic, mobile and PC gaming got a thrust. As consumers
continue to operate from their home, they looked at gaming for leisure, as well as to
stay socially connected with their friends and family. Hyper-casual and casual
gamers continue to drive the gaming market. Direct to Consumer (DTC) digital
platforms are all seeking to cash-in on the mobile gaming appetite. Some of the
benefits that these platforms seek to realize include user engagement and user
retention, leading eventually to product monetization.
In 2021 and beyond, gaming will continue to gain traction. Consumers will benefit
from the strong connectivity infrastructure, and new gaming avenues available for
them. As we stand at the onset of the 5G era, gaming, and especially cloud gaming,
will see a strong growth.
The pandemic ushered in a significant shift from linear to digital programming. There
was a spike in OTT viewership, with users spending more time on OTT platforms
than before.
The pandemic laid open the vulnerabilities in manufacturing supply chains, leading to
critical component shortages. The overdependence on China meant smartphone
production ebbed in India. As we move forward in the post-pandemic era, the
rebalancing of supply chains has started anew with a focus on avoiding such future
shocks and disruptions. This would not necessarily entail relocation of all or most
production by multinationals to other markets.
In a post-virus era, as the world scrambles to recover and realign, India is positioned
for potential success as a global manufacturing hub. Towards this stated vision and
goal, the Government of India (GoI) approved a Production Linked Incentives (PLI)
scheme under the National Policy of Electronics. India will aim to leverage on its
strengths and position itself as a partner of choice for enterprises seeking to relocate
and redistribute some of their manufacturing capabilities outside of China. The
Government’s policy initiatives have secured strong interest from multinationals in
US, South Korea and Japan, among others, seeking to shift their production facilities
to India.
India has an attractive large domestic market and can be a strong exports hub. It has
strong skillsets and a conducive policy framework. Lastly, its logistics and
transportation infrastructure are improving rapidly.
The 5G Year
2021 will be the year when 5G smartphones become mainstream. Across price-
segments, smartphone brands will be focused on bringing new 5G offerings,
including at mid to low price-points. As 5G-capable smartphones increase, it augurs
well for the impending nationwide 5G roll-outs, and the associated infrastructure and
network deployment in 2021 and beyond.
SHIPRA SINHA
Analyst- Industry Intelligence Group (IIG),
CyberMedia Research & Services Ltd
The year 2020 began with the pandemic being a supply-side challenge confined to
China. Smartphone brands in India were able to tide over the initial wave of the crisis
with enough inventory supplies. However, as COVID-19 cases in India crossed the
500 mark in late March 2020, India went into a state of complete lockdown.
For smartphone brands, this put both their supply as well as demand in a state of
uncertainty. Faced with personal and economic uncertainties, consumer spending
remain muted for a better part of the year. Unless absolutely necessary, such as
replacing a mobile phone, the expectation was that consumers will choose to
conserve.
In Closing
For the Indian smartphone industry, the year 2020 was a remarkable story marked by
response, recovery and resilience in the face of the persistent pandemic. As a
consequence of the supply chain and geo-political challenges, the year saw a gradual
realignment of smartphone supply chains. Enterprises seeking to de-risk themselves
from China looked at emerging alternatives, including India. As we move forward, we
believe India’s smartphone manufacturing ecosystem will get a fillip, and gain strength
in the post-pandemic future.
In 2021 and beyond, as India’s nascent digital economy takes off, the smartphone
industry would gain strength, driven by feature phone users transiting to entry-level
smartphones, and new, powerful offerings across price tiers, including 5G-capable
smartphone offerings at mid to lower price tiers, including in the <INR 20,000 price
band.
SUGANDHA
SRIVASTAVA
Analyst- Industry Consulting Group (ICG),
CyberMedia Research & Services Ltd
In 2020, the pandemic caused a social and economic upheaval, and disrupted the
way we live. The pandemic posed tremendous challenges for human lives.
Connectivity was the enabler of human lives. Amidst the pandemic-induced isolation,
human lives continued through the ubiquitous smartphones. Whether it be work from
home, learning from home, or unwind at home, consumers depended on their
phones.
In the initial days of lockdown, overall smartphone usage increased nearly 50%.
Smartphone productivity rose 120% when compared to the pre-pandemic era. Content
creation and sharing, and collaboration accounted for most of the work related activity
on smartphones. During this period, 84% of users turned to smartphones to find more
about various government schemes, get weather updates and market related
information on agricultural produce. Around 83% of users relied on their smartphone
for creating and consuming short-form videos, music and videos.
VISHAL MAHESHWARI
Industry Expert
2020 will go down in Indian OTT history as the year of Audience Inflection.
All the struggles and efforts of the last 3-4 years with national and international OTT
launches, vernacular and localised content experiments, long form vs short form
content all came together to provide TV entertainment bereft masses, locked down in
their homes much needed entertainment via the multitude of OTT services in India.
Adoption of the medium happened in doves with most platforms reporting large
increases in users as well as engagement. New original releases in vernacular
languages, star power, direct to OTT releases of movies which skipped cinema
altogether, short form video platform launches to replace banned ones and
interesting experiments on penetration like SVOD platforms making streaming free
for a couple of days all became catalysts to drive penetration and adoption.
Another phenomenon has been the increase of OTT being consumed on the large
screen – especially Smart TVs or via devices like the Fire Stick that enable a non-
smart TV to access streaming services. People are no longer willing to be captive to
watching OTT content – or atleast some forms of OTT content on their mobiles only.
To be true in 2018 the volumes of Smart TVs produced in India crossed over the
non-smart ones. Today it’s not easy to find a non-Smart TV screen on sale in most
urban areas. So, while the first date with OTT may well start from an internet
connected mobile device – it will soon graduate or be supplemented by a larger
connected device screen. However, the black cloud on the silver lining has been and
the lower than desired velocity and volume of monetization.
With the trials and sampling done, now the OTT Managements and Investors are all
saying – “Show me the Money”. And here is how the game is going to have to
change – with Innovation and Packaging on pricing, viewing flexibility conventions
having to be challenged 2021 onwards.
Here are some of ways that players could want to experiment with that could give
them the leeway to start charging more value-based pricing or lower priced
subscriptions or even make money via advertising-based models.
Linear Streaming – this almost seems like an antithesis of what Streaming has
stood for all this while – the freedom to watch what you want, when you want and
how you may want it. seems that there are a lot among us who are confused and
bewildered with this power to choose and want to be able to just turn on a service
and catch what’s being shown there – literally go with the flow. A recent
experiment by Netflix in France seems to have worked and this seems to be
something that may well start happening in other parts of the world. A typical
application could be that this stream is injected with commercials ike in TV – and
you end up paying either nothing or a reduced subscription for such a service.
Which could certainly help to expand the market for OTT content.
In Conclusion
If 2020 was the year of Inflection for acquiring audiences, 2021 could well be the year to
start the point of inflection on monetising for OTT India.
VAMSI KRISHNA
Industry Expert
The gaming industry has undergone a sea change in the past few months and
industry veterans are predicting that many more changes are in the pipeline. As was
the case with every other industry, the Covid-19 pandemic has affected the gaming
industry in equal measure, impacting its performance, current competitive
landscape, and future outlook.
Even though a calamity struck the world, the esports and gaming industry continued
to grow. The disruption left every sports lover disheartened and searching for an
alternate form of entertainment to kill time. Hence, they turned to esports and online
gaming with their interest growing more with passing time. As a result, reports have
projected that the industry is likely to exceed 180Bn dollars in revenue. Gaming and
esports have forayed into the mainstream sports category, thanks to the massive
surge experienced during the lockdown period, having now become a primary source
of entertainment worldwide. What was once considered to be a subset of sports has
now emerged as a one-of-a-kind industry on its own.
Here’s a roundup of the major trends that are expected to make way in the gaming
and esports ecosystem in 2021.
Virtual Reality (VR) and Augmented Reality (AR) have revolutionized the world of
esports and are expected to bring in more this year. With the rising demand for
immersive experience by players, ever-innovative VR technology will be shaping the
future of esports. The virtual world of esports and online gaming is highly hypnotic
for players and provides them a seamless experience, a fitting feature that makes
these games addictive. Going ahead, VR and AR will be taking the gaming
world by storm.
The gaming and esports live stream market has been booming with the onset of the
pandemic. The evolution of varied streaming platforms enables the gamers- both
amateur and professionals - to stream their gaming content in real-time. It likewise
encourages them to build a loyal following by recording and showcasing their talent
which earns them money as well. In India, the prevalence and wide consumption of
live streaming esports content denote that Indian gamers will reach huge number of
audiences via streaming platforms in the foreseeable future. The overall viewership
number is likely to surge with the regional language-based game streaming
dramatically increasing.
The expansion of esports and gaming network would likewise be the driving force of
income development within this industry. According to reports, around 300 million
continuous watchers are required to watch esports worldwide.
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CMR 4Ps REPORT 2021
It is noteworthy to recall that in 2018, there were around 165 esports fans and 200
million successive watchers of esports. The esports viewership predictions indicate
that its development rates are likely to go up by 14% before the end of 2021.
Predictions also state that there will be 250 million esports fans and 307 million
periodic watchers, adding the absolute to 557 million watchers before 2021 ends.
With passing time, an ever-increasing number of people are searching about esports,
adding further to its incessantly growing popularity.
The Indian esports and gaming industry has been garnering international attention for
quite some time. Several international esports firms are making a steady entry in the
Indian market for investing. Today, various large and small companies - both gaming
and non-gaming - are successfully running paid advertising on leading esports
platforms. Brands are seeking innovative avenues to promote their products and
services via in-game promotions, sponsorships, brand theme integrations, etc.
Therefore, the industry is indeed likely to witness phenomenal monetary growth and
backing of potential investors, advertisements, and sponsorships in the coming
times.
In Conclusion
In the wake of the tremendous rise of gaming and esports industry lately, it is
evidently clear that the industry is poised to dominate the market in the post-Covid
world with continuous innovation and world-class technology. In addition,
advertisements, sponsorships, and increase in prize pools will facilitate the growth of
this magnetic industry. Last year was admittedly a special year for the gaming world
as it significantly changed the society’s perception of the gaming culture and brought
in many previously niche sectors into the limelight. With the dawn of 2021, it has
become quite clear which paths the industry will be steering towards and what can be
expected in the times ahead.
The foldable smartphones, though relatively niche and early stage, impart a 'halo
effect' on the overall product portfolio and the engineering capabilities of a
smartphone brand. This, in turn, will potentially contribute to enhanced consumer
preferences for the brand.
For instance, there is a progressive trend towards higher pixel image sensors (48MP,
64MP and now 108MP) amongst smartphone brands focusing on camera as a key
differentiator. The improvements and refinements in smartphone image sensors,
happening in leaps and bounds, is driven by hyper-competitive smartphone brands,
and aided by image sensor vendors, Samsung and Sony.
Alongside, there is a push towards higher refresh rates, necessitated by the need for
gaming.
Across the other end of the spectrum, we anticipate the premium and the uber-
premium flagship segment to gain in traction. Consumers in this price segment are
immune to the pandemic pressures, and prone to 'revenge buying' or having the
need to have the latest device as a lifestyle statement.
Authenticity and trust will be key for consumers in the post-pandemic era. As such,
instead of influencers, the focus will be on common consumers and the way they
interact with the brands. Smartphone brands that embrace the change to drive
authentic brand conversations will gain mindshare.
Amidst the ever-changing tough market conditions, smartphone brands will continue
to use primary consumer research, involving large consumer sets, to seek better
understanding on customer preferences, and define clear product and marketing
strategies.
Going forward, some of the societal and cultural changes that took place during the
lockdown will translate into permanent shifts in business and, essentially how we
live life.
We expect this year to be one of the strongest years for the industry, as customers will get
more acquainted with the need for an advanced smartphone as they upgrade their phones
and invest more in what they buy. The growth will be driven by scale-up of 5G ready
smartphones, better displays (AMOLED, higher refresh rates), and earlier flagship features
like 108MP cameras, OIS/EIS now being accessible & available in the mid-range segment as
well. The change in mood of the country post-2020, strong economic recovery expected the
inoculation drives, and a larger proportion of devices being Made in India will also accelerate
demand.
We were humbled to serve our customers during the difficult times and are fully prepared to
address this demand growth. We, at Amazon, will continue to remain focused on enabling
sellers to accelerate their growth and help them as they get back on their feet. At the same
time, we want to help customers find everything they need – from the latest mobile phone to
daily essentials and get them delivered safely to their homes. If you look at the breadth of
selection, our sellers are ready with a great line up. We look forward to an exciting 2021.
Around 400 million Indian consumers are likely to transition from a feature phone
to a smartphone in the near future and, especially in the last year, it’s become
apparent that smartphones are a key tool for everyday living. Regardless of
whether a consumer in India resides in a city, town, or village – durability in
smartphones is an extremely important feature. It’s also critical that smartphone
brands educate Indian consumers who are new to the space on why durability
plays such a critical role in protecting their investment.
With the new work and leisure dynamics all confined within our homes, smartphones
became our window to the world. Some of our recent consumer studies have shown
that Indian consumers are spending more on quality in order to better connect with
content—and to connect with each other. This has thereby led to a rise in demand
for quality audio in smartphones for a seamless experience. With a singular aim to
provide an enhanced experience to smartphone users, Dolby works through a
collaborative ecosystem spanning artists, businesses, and consumers. Our audio
technologies like Dolby Atmos, Dolby Audio and visual technology Dolby Vision,
create an experience that brings entertainment to life.
There is no doubt that 2021 will witness a surge in the demand for smartphones with
enhanced audio-visual technologies as people will continue to conduct businesses
via hybrid workplaces, binge on their favourite episodic content, stream music in
immersive audio technologies like Dolby Atmos, and continue to want, demand, and
spend more on enhanced experiences, now more than ever.
COVID-19 has propelled the wearable industry forwards to integrate itself into the
modern healthcare landscape and fast-track consumer health tech adoption. Wearable
devices have witnessed an upward trend in the past year. We believe that this is in part
fuelled by strong demand for self-monitoring symptoms of COVID-19, as well as a
general increase in interest around health and wellness.
Wearable technology has also been a driving force and useful tool for several studies to
explore predictions and early warning signs of COVID-19 by combining essential vital
signs with clinical symptomology. We firmly believe players with meaningful integration
of hardware and software ECP - systems will be best equipped to succeed and lead this
dynamic environment where the concept of fitness is constantly evolving.
At Fitbit, we are actively collaborating with leading institutions to move the industry
forward and explore new boundaries of wearable technology and its subsequent impact
on our daily lives. We truly believe that wellness is no longer restricted to physical
fitness. The concept of fitness has evolved to include other dimensions of fitness, such
as mental fitness, heart fitness, sleep fitness – all equally important and complementary
to physical fitness.
We are excited about the potential and penetration of mobile phones in the Indian
market. People are carrying powerful computing devices in their pockets and with the
smartphone user base expected to reach over 800 million by 2022, there is immense
potential to provide great experiences using cutting-edge technologies to everyone.
Intelligent virtual assistants or chatbots have integrated across popular platforms like
WhatsApp, Android, iOS, etc. and with an increased interaction through mobile
devices we expect businesses to leverage these platforms to provide quality
experiences to their customers. Haptik's conversational AI platform will be able to
cater to the millions of users who will interact with brands through their mobile
devices.
If 2020 was the year of resilience for the mobile phone industry, then 2021 will be
the year of revival. The industry is already expecting double-digit growth for
smartphones in 2021.
India remains an underpenetrated market and the headroom for growth is large,
especially in ‘aspirational India’. We will see feature phone users traverse to
smartphones, and the budget smartphone segment continuing to flourish.
The anticipation for 5G will continue amongst consumers and companies, and there
will be a range of 5G devices available for consumers and enterprises in India. The
keyword here will be ‘affordable 5G’.
At the same time, many users will continue to be heavily dependent on 2G, 3G, and
4G technologies.
Assisted discovery and consumption of apps & content saw a tremendous increase in
2020. Games, Entertainment, Ed-Tech and Short video category apps were able to
grow exponentially. The challenges presented by COVID-19 pandemic have pushed
timelines for the company. Indus App Bazaar is now serving 100 million+ users and
has garnered over 1 billion installs+updates. We have further doubled down on our
core stakeholders - users and developers by propagating the need for an enhanced
app store ecosystem (EASE). Creation of institutions that can help startups scale from
day-0 is a priority that the company embarked upon. In the last year, we were able to
help developers get started. This year we are glad with the response that EASE has
received from partners. We are confident that we will be able to foster innovation in
India for the world.
2021 and beyond will see a new era of distributed intelligence, democratized compute,
and inclusive technologies. India’s existing strengths in software, an innovative startup
ecosystem, and tremendous local talent, combined with an emerging hardware
ecosystem and supportive policies give the country the edge it needs to lead in this
new era. Intel is committed to being a key collaborator in this journey with our
expanding suite of technology solutions, including purpose-designed, feature-rich
silicon, open and optimized software and tools, and preconfigured edge-to-cloud
solutions.
Product:
The key technology trends that we are going to witness in 2021 will be related to the
following & interestingly one can expect significant developments on these technologies
across all smartphone price segments:
Price:
The ASPs for smartphones should continue to hover around ~$150 with a marginal
upswing. Besides the impact of COVID on disposable incomes of the populace, the
continuation of better specs at better prices trend will also contribute towards the
stabilization of ASPs.
While the Online share had grown substantially in 2020 it is expected to grow in 2021
also with the increase in consumer traffic from Tier 2 & Tier 3 cities. Albeit, the growth
may be a tad slower with Offline channels catching up as the COVID situation subsides
towards H2 2021. We also expect that hitherto small mobile operator channels may also
see substantial activity for smartphone sales if operators move aggressively with
handset bundling promos in 2021, especially to attract feature phone users.
Promotion:
Across industries, Digital Marketing is the main focus & smartphones' marketing will be
no different. Mobile Advertising will be the main focus and Programmatic spending will
also increase significantly supported by growth in Programmatic creative technology
usage.
Over the years , phones have evolved from mere connectivity devices to multi- utility
ones providing support for education, entertainment, photography, digital payments and
much more. We will continue to see this journey in 2021. Current use cases will be taken
to different levels via better hardware and a much more evolved AI integration. Phone
battery has been a pain point in smartphones, but we see this changing this year. Screen
sizes, storage & camera will continue to upgrade and set new benchmarks as the year
progresses.Unfortunately, this will be the first year after a long time where prices will also
increase due to shortage of components globally. Both online and offline channels will
continue to serve different sets of consumers.
2021 is the year when the creator community comes to fore in India and moves
away from UGC to professional content created on their mobile phones. So the
obvious expectation is better cameras and better toolkits for creation. Consumers
should not have to depend on third party apps for this. I expect phone brands to
start offering vertical videos that enrich the consumer's life as a native experience
becoming consumption points instead of just being hardware.
In 2021, we’ll see near-term benefits in mobile, especially with the deployment of 5G
networks this year — which will accelerate globally. The fast speeds and low
latencies will enable people to truly multitask with their phones as the hub.
Consumers will be able to stream a high-definition multiplayer video game to their
television while video chatting, texting, and doing work on their phone
simultaneously. With all these rich, data-heavy mobile needs, in 2021, we’ll see
increased demand for low-power memory such as LPDDR5 which will be critical for
keeping pace with compute-intensive behaviors without draining the battery.
We at Motorola are excited about these technologies and are committed to providing
Industry-leading solutions that cater to these fast-growing consumer segments.
At Netflix, we aim to do only one thing - entertain our members around the world with
the best TV series and films, across languages, genres and formats. We want to
bring these instories to our members, wherever they are, and on the device of their
choice. Our members in India watch more on their mobiles than members anywhere
else in the world. The mobile plan at INR 199/month, our bundle with Jio's Postpaid
Plus plans, our partnerships with telecom service providers including Airtel and Vi
and our device preload programs with all the major Android smartphone OEMs, are
some of the ways we continue to make our content more accessible to people who
love to enjoy Netflix on their mobile phones- both on the go and at home.
Apart from these, 5G will be another domain wherein we will see a lot of innovation
coming up, especially in the smartphone segment. OPPO will continue to focus on
product design, further exploring how technology and aesthetics can be integrated
to create closer relationships between people, devices, and the world around them.
Our product innovations, whether in smartphones or IoT products, will continue to be
inspired by the importance of human values and centered upon insights of users’
actual needs.
2021 is going to be a strong sales year for smartphones. The newer technologies
like 5G & AI will slowly make their mark in the year. Offline sales which took a
beating in 2020 should start making a turnaround in the year 2021. Overall should
turn around to be a very positive period for the industry. Domestic players will need
to become stronger.
The scale of economic havoc created by the COVID-19 pandemic has not been felt by
any country in a century. The recovery process has brought to surface areas that need
our urgent attention, adequate healthcare facilities, healthy lifestyle, and innovating low
touch processes for conducting business are some such areas. The digital
transformation of entire businesses is well and truly underway. Reimagining a new future
will mean relying completely on digital mediums/processes.
However, simply adopting some technology isn't the answer. A long-term, sustainable
solution requires a deep understanding of how a business works and then building digital
systems which will elevate customer experience and also seamlessly integrate partners
supporting the business. At Servify, this is not a mind-shift we've had to undertake. This
is the idea on which our digital platform was built, and our partnerships with some of the
leading global brands have helped their consumers even during the uncertain times of
2020. This has not only nurtured existing relationships but is already paving the way for
a better future for us and our customers.
Talking about the mobile app market in general, there has been unprecedented growth
despite COVID-19. It was 2020 when Truecaller’s Brand Solutions platform crossed
over 1 Billion impressions in a single day in India. And it was also 2020 when we
crossed the milestone of 5,00,000 new registered users per day. This shows that the
mobile ecosystem in India continues to have incredible potential. We are constantly
looking for innovative ways to add value to the lives of not only our 200 million Indian
consumers but our partners as well.
UNISOC, one of the only five 5G chip companies in the world, boasts mature 5G
products. We envision making “5G for Everyone” a reality and are launching
chipsets to provide consumers with the best-in-class 5G smartphones so they can
experience the full potential of 5G.
The world's first 6nm EUV 5G chip T7520, 5G smartphone solution T7510, together
with 5G solution V510 for the Internet of Everything, just to name a few, stand out
among all its excellent products. At present, the number of 5G commercial terminal
products equipped with UNISOC 5G chips, has already exceeded 50. Besides, in
the field of 4G, UNISOC has a full range of high, middle, and low-end products, with
T618/T610 topping the preferred platform for 4G cell phones in the world, which is
adopted by more and more flagship models. With the aim of serving people with the
latest technology, we will continue joining hands with more partners to provide
a smart life in the fast-paced digital world.
2020 was a challenging year for every industry. After a marginal dip in the initial
quarters of 2020, the Indian smartphone market witnessed steady growth.
Additionally, our commitment to the Indian market remains absolute and total. In line
with the 'Make in India' initiative, we plan to increase local sourcing by 200% in 2021.
Our approach and strategy are aligned with our unwavering commitment to
strengthening India's smartphone ecosystem.
As we enter the 5G era, the possibilities of what can be done with a smartphone and
allied smart devices will become immense. These devices will create and preserve a
humungous amount of data for future usage. We are continually working to ensure
that the smartphone performance is matched by in best in class data storage
solutions to enable consumers make the best use of their smartphones for
entertainment, social and productivity needs.
Today smartphones have become a modern day essential. Nearly half of the world’s
population uses one to stay connected and aware. In these exceptional times,
consumers are looking for solutions that make their digital life convenient and
therefore, are seeking reliable, affordable gadgets with the latest specs. Being a
customer-centric brand, we are always on a lookout for insights that define changing
trends. We bring in products that stand true to our three pillars of providing best
specs with highest quality at an honest pricing.
In 2021, we will continue our efforts to pioneering AIoT and connectivity focused
product categories that would offer significant improvement across battery, storage,
processors, and allows users to do more with their devices. In an endeavor to
constantly working towards understanding the pulse of our consumer, Mi India will
continue to introduce its breakthrough campaigns and communicate digitally to our
user base. In addition to this, we will keep on introducing the right solutions like Mi
Commerce, Mi Store on Wheels and expanding our retail network both offline &
online to address the needs of consumers in the remotest of areas. Moreover, with
the changing times, consumers also want to experience future-ready solutions that
ensure ease with day to day tasks. We feel confident that 2021 is going to be
another exciting year for us at Mi India, backed by category expansion and new
launches that would cater our consumers’ needs.
www.cmrindia.com
CMR Market Intelligence
Mobile Handsets
India Monthly Mobile Handset Report
Special Reports:
India Smartphone Report
India Value for Money Smartphone Report
India Premium Smartphones Report
India Feature Phone Report
Storage Devices
India Consumer Storage Retail Market Report
Special Reports:
India MicroSD Market Report
India FlashDrive Market Report
India SD Card Market Report