3 in 4 feature phone users interested in switching to smartphones in Rs 6K-8K price range
According to CyberMedia Research (CMR), India is experiencing a surge in digital acceleration, driving a renewed interest in affordable 4G smartphones and even 5G offerings.
Feature phones still remain a lifeline for many people in India, but a new survey reveals a dynamic shift in consumer preferences within the country's mobile phone market.
According to CyberMedia Research (CMR), India is experiencing a surge in digital acceleration, driving a renewed interest in affordable 4G smartphones and even 5G offerings.
The study by CMR, which covered over 2,000 mobile phone users across major Indian cities, found that three in four feature phone users are interested in switching to smartphones, primarily in Rs 6,000 to Rs 8,000 price range.
“Consumers are increasingly looking for feature phones with a more premium experience, including features like UPI payments. However, the inherent limitations of these devices are ultimately driving them towards smartphones, especially affordable 4G and 5G models,” says Prabhu Ram, Head of Industry Intelligence Group (IIG), CMR.
Furthermore, the research shows that consumers increasingly prefer feature phones with longer battery life (78 per cent), ease of use (74 per cent), affordability (57 per cent) and digital capabilities.
Indians spend an average of three hours every day calling (87 per cent), raising alarms (72 per cent) and texting (62 per cent). A third use apps such as the weather (47 per cent), news (34 per cent) and social media (24 per cent), the research shows.
While users recognized the benefits, they also cited disadvantages of feature phones, such as poor camera quality (62 per cent), lack of advanced apps (56 per cent) and limited internet access (53 per cent), fueling the shift to smartphones, including 5G models.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
02:35 PM IST