2021 smartphone growth to reach highest level since 2015

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Guardianng July 7, 2021 3:05 a.m.

2021 smartphone growth to reach highest level since 2015

The 5G shift will also deliver peak smartphone ASPs in 2021 ($376, up 9.7 per cent year over year) when compared to the remainder of the forecast period as costly 5G devices continue to replace LTE devices, which are also starting to drop in price, down 27 per cent in 2021.” To enable commenting and other interactive features, please switch to the more advanced.

Program Vice President with IDC’s Worldwide Mobile Device Trackers, Ryan Reith, said: “Smartphones are seeing competition for consumer spending from adjacent markets like PCs, tablets, TVs, and smart home devices, yet that hasn’t slowed the market’s path to recovery.

Apple will continue to feel price pressure.” IDC observed that with 5G shipments expected to grow nearly 130 per cent in 2021, almost all regions outside of China will see triple-digit growth by the end of this year.

However, in terms of market share, China will lead the way with nearly 50 per cent share of 5G shipments in 2021 while the US will follow with a 16 per cent share.

Research Manager with IDC’s Worldwide Mobile Device Tracker, Anthony Scarsella, said:“Although the 7.7 per cent growth will feel like an impressive market turnaround, we must keep in mind that we are rebounding from one of the most challenging years on record..

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