5G, or the 5th generation of wireless network and communications technology, is almost upon us. Already launched in select countries, 5G promises incredible data speeds, extremely low latency, higher bandwidths, extra emphasis on security and the ability to use IoT (Internet of Things) seamlessly. All this will contribute to providing users connectivity to a multitude of smart devices, use their phones for lag-less video communication, enjoy Virtual Reality / Augmented Reality gaming and also use it for an enhanced learning experience.
While an official commercially launched 5G network is going to take some more time, leading smartphone brands have already launched several models of 5G smartphones in India. What’s more, they have been selling like hotcakes. It is a known fact that users cannot reap the benefits of the 5G network using their existing 4G phones. This implies a necessary upgrade to a 5G smartphone. But considering the absence of the 5G network at the present time, one might wonder why so many people are choosing to buy a 5G smartphone at the moment.
Advertising and Marketing –
Effective advertising and marketing are known to create requirements that were previously non-existent and can be considered as the chief influencers in this ongoing trend. Companies like Apple and Samsung, which own a comfortable majority of the market share, have already launched several 5G smartphones. What has been manufactured needs to be sold as well. These premium phones come laden with features, all of which may not be usable today. But the appeal and attractiveness are unmissable. For example, let us consider the Samsung Fold Z3 and Flip Z3. These 2 models launched during the festive season in India have been in high demand and were actually overbooked during the pre-order stage itself. The novelty of these phones and the powerful configuration of 6GB RAM and 256 GB storage helps attract customers who can afford them.
Diverse Budget Range –
It is easily observable that most of the 5G smartphones launched recently are in the premium, high-end range. This also makes them a sort of style and status symbol. For example, getting the latest iPhone or the Samsung S-series model and being one of the early adopters is a matter of pride for many. However, ever since other brands have noticed the popularity of 5G smartphones, they have joined the bandwagon as well. Now, it is rather common to see more affordable models being launched by brands like Motorola, OnePlus and Xiaomi, to name a few. This has made 5G technology and enhanced features more accessible to a wider audience.
Especially for those who were thinking of upgrading their phones, or go in for a new one that has a more powerful configuration to manage their work-from-home related tasks, it makes more sense to upgrade to 5G smartphones. For example, if you are looking for a new 6 GB RAM phone with a Qualcomm Snapdragon processor and more internal storage, you are expected to pay a higher amount. Considering that any prudent user would like to get value for this high-cost purchase and ensure the phone works well for the next 2-3 years, why not buy one which supports 5G, thereby reducing the need to purchase another phone once 5G networks are launched? This makes complete sense, considering existing 4G phones will be inoperable on 5G networks.
Considering all of these factors, consumers are now enamoured with 5G-enabled handsets and are opting for these models. While the 5G network rollout is expected to happen in the near future, it makes sense to purchase a 5G smartphone and be future-ready. Additionally, one can find a 5G-enabled handset from all the top brands, with the likes of OnePlus, realme and Xiaomi now offering pocket-friendly 5G handsets.
The Bajaj Finserv EMI Store is home to a wide variety of 5G smartphones from some of the top brands like Samsung, OPPO, Xiaomi, OnePlus, realme etc. By visiting the EMI Store, you can quickly compare the specifications and prices of these feature-rich models to find the one that suits your current (and, possibly future) needs the best. There is no doubt that you will need to shell out slightly more money than a comparable 4G phone. However, if some of the points discussed above are applicable in your case, then it is logical to go ahead with the decision of buying a 5G smartphone.
To reduce the financial strain, the EMI Store provides discounts and cashback offers on several of its models. Then there is the No Cost EMI option which lets you break down the overall price into easily manageable monthly instalments without incurring any interest. You can select the model you like and use the Bajaj Finserv EMI Network Card to purchase it on No Cost EMI.