Worldwide shipments of 5G smartphones will reach 610 million units in 2021, accounting for around 43% of total smartphones to be shipped, according to Canalys. The proportion will arrive at 52% in 2022, said the research firm.
"The smartphone industry's resilience is quite incredible," said Canalys research manager Ben Stanton. "There is strong momentum behind 5G handsets, which accounted for 37% of global shipments in Q1, and are expected to account for 43% for the full year (610 million units). This will be driven by intense price competition between vendors, with many sacrificing other features, such as display or power, to accommodate 5G in the cheapest device possible. By the end of the year, 32% of all 5G devices shipped will have cost less than US$300. It is time for mass adoption."
The worldwide smartphone market will grow 12% in 2021, with shipments reaching 1.4 billion units, Canalys indicated. This represents a strong recovery from 2020, when shipments fell 7% due to major market constraints caused by the COVID-19 pandemic.
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June 21, 2021 at 08:10AM
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5G smartphone shipments to outpace 4G ones in 2022, says Canalys - Digitimes
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