NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout


    India Business World Politics Sports Technology Entertainment Auto Lifestyle Inspirational Career Bengaluru Delhi Mumbai Visual Stories Find Cricket Statistics Phones Reviews Fitness Bands Reviews Speakers Reviews

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
     
    Home / News / Business News / 5G Smartphone shipments to exceed 100 million by 2021
    5G Smartphone shipments to exceed 100 million by 2021
    Business

    5G Smartphone shipments to exceed 100 million by 2021

    Written by Mudit Dube
    April 16, 2018 | 11:23 pm 2 min read
    5G Smartphone shipments to exceed 100 million by 2021

    According to a latest research by Counterpoint, the 5G smartphone shipments are estimated to grow 255% by 2021, to reach nearly 110 million units. The research said that the growth will be slow during the initial commercialization phase in 2019. However, there will be an upsurge in sales once countries shift from 'non-standalone to standalone 5G infrastructure,' Counterpoint observed. Here's more on the findings.

    Slow growth expected in the early commercial phase of 5G

    "There are still forward looking 5G standards that are unconfirmed, creating uncertainty around product and service opportunities," said Research Director Tom Kang. "We also expect 5G chips to have a higher price point which will initially drive the cost of devices up," he added. 5G capable devices will initially come at a premium and only select countries will deploy 5G infrastructure.

    China, US, South Korea, and Japan will be key markets

    China, US, South Korea, and Japan will be the major markets for 5G infrastructure development and growth of smartphone sales. "We are seeing some great initial developments happening in the US, South Korea, China, and Japan and expect growth to be concentrated in these countries due to their big roll-out plans for 5G starting in 2019," said Research Analyst Maurice Klaehne.

    In the 5G race, China leads US, South Korea: Study

    According to a study, China is winning the 5G race. The study observed, "All major Chinese providers have committed to specific launch dates and the government has committed to minimum 100 MHz of mid-band spectrum and 2,000 MHz of high-band spectrum for each wireless provider."

    Global handset market is expected to slowdown

    Factoring market saturation, limited product innovations and slowing upgrade cycles, Counterpoint observes that overall global handset market is estimated to slow to a CAGR of 1-2% in the next five years. Research Director Peter Richardson said "overall transition to 5G could be slow and steady." "Once we establish better 5G business cases and infrastructure, the market will begin seeing higher sales overall," he added.

    Share this timeline
    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    South Korea
    Smartphones
    5G Technology
    United States of America

    South Korea

    KitKat is now available in pink color Japan
    Aimed at students, Samsung launches smartphone without internet connectivity Samsung
    After months of threats, North Korea, US to discuss denuclearization North Korea
    Corruption scandal: Former SKorean Prez Park Guen-hye gets 24-years' jail Samsung

    Smartphones

    OnePlus 6 will be Amazon exclusive in India India
    #SmartphonesFaceOff: Nokia 7 Plus vs Vivo V9 vs OPPO F7 India
    HMD Global to launch Nokia X on April 27 Nokia Mobiles
    Huawei to launch truly foldable smartphone by November 2018 Huawei

    5G Technology

    Airtel, Huawei conduct 5G network trial; achieve throughput of 3Gbps Bharti Airtel
    Race to bring 5G services is heating up: Here's more Technology
    Mobile World Congress: Huawei launches world's first commercial 5G-modem Huawei
    Mobile World Congress 2018: AI, 5G, IoT to take center-stage Qualcomm

    United States of America

    Now send GIFs while messaging on LinkedIn LinkedIn
    Calling ex-FBI-chief Comey 'slime-ball' on Twitter, Trump loses cool, again Donald Trump
    Ex-US President George HW Bush's wife Barbara in 'failing health' George HW Bush
    Trump "morally unfit" to be US president: Former FBI director Donald Trump
    Next News Article

    Love Business News?

    Subscribe to stay updated.

    Business Thumbnail
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2023