The 5G smartphone shipments are anticipated to develop a whopping 255 p.c by 2021, virtually reaching 110 million models, a brand new report mentioned on Tuesday.
According to Counterpoint Research, whereas the expansion shall be sluggish in the course of the preliminary commercialisation part in 2019, there shall be an uptick in gross sales as soon as nations shift from non-standalone to standalone 5G infrastructure.
“We also expect 5G chips to have a higher price point which will initially drive the cost of devices up. 5G capable devices will be premium only in the beginning. Also only a handful of countries will be deploying the first 5G infrastructure,” Research Director Tom Kang mentioned in a press release.
The US, Korea, China and Japan shall be key markets for 5G infrastructure improvement and development of smartphone gross 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,” mentioned Research Analyst Maurice Klaehne.
Other nations, particularly in Europe, are extra seemingly to leapfrog to standalone 5G as they’ll need to look ahead to concrete enterprise circumstances to come up, earlier than totally committing to the transition.
The total handset market will sluggish to a CAGR of 1-2 p.c from 2018-2021 due to market saturation and product improvements that aren’t spurring development.
“5G devices will begin gaining in share in the market, but 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,” famous Research Director Peter Richardson.
Adapted From: Gadgets360