SA: 5G smartphones to make up 15% of the market in 2020

Spread the love
  • Yum

According to the latest prediction from Strategy Analystics, 5G smartphones will take up a much larger portion of global shipments this year, growing more than tenfold to reach 199 million shipments worldwide. This translates to an estimated 15% of all smartphone shipments, up from just 1% in 2019. The report also estimates that China, the United States, South Korea, Japan and Germany will account for 90% of all 5G smartphone sales.

Global 5G Smartphone Shipments Forecast for 2020
Global 5G smartphone shipments forecast

Despite the growing shipments, the Coronavirus epidemic is expected to limit 5G smartphone shipment volumes. More notably, the first half of 2020 will see slower than expected shipments for smartphones supporting the next-gen network standard while the second half of the year will see a bounce-back in demand. India and Indonesia are touted as the two important markets lagging behind in 5G adoption rates as they are not expected to have mass-market 5G networks for at least another year.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *