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5G smartphone sales soar more than 1200% in 2021 over last year
08.10.2021 [16:44],
Sergey Karasev

Strategy Analytics has released a fresh forecast for the global 5G smartphone market: shipments of such devices are showing explosive growth, despite the decline in the cellular sector as a whole.

Photos by Reuters

An estimated 18.2 million 5G smartphones were shipped globally last year. In 2021, experts believe, deliveries will exceed a quarter of a billion pieces, reaching the level of 251 million. If these expectations are met, the year-on-year growth will amount to 1282%.

At the end of this year, two-thirds of the global 5G smartphone market will be occupied by three companies – Samsung, Huawei and Apple. In the coming years, it is the devices with 5G support that will remain the main driver of the industry.

If we consider the smartphone market as a whole, then in 2021, according to forecasts of Strategy Analytics, sales will amount to 1.26 billion units. Thus, the drop in relation to 2021 will be quite noticeable – approximately 11%.

However, next year the global industry will return to growth. Deliveries, according to experts, will rise by 9%, reaching about 1.4 billion pieces. Growth will be driven by the proliferation of 5G networks and the release of more affordable smartphones that support these networks.

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