The 2021 smartphone market will make progress with 5G-powered smartphones. Smartphones are widely used all over the world. Smartphone manufacturers, on the other hand, continue to work at the usual speed to attract users’ admiration. In fact, smart phones suitable for every segment and every pocket continue to be released by manufacturers in a short time. According to the published report, the smartphone market, where there is fierce competition, will continue to grow this year.
According to the report published by Gartner, the smartphone market will rise in 2021. The report predicts an 11.4% increase in the smartphone market this year compared to 2020. This shows that more than 1.5 billion smartphones will be sold.
The market fell 10.5% in 2020 due to the epidemic. A total of 1.378 billion of the 1.540 billion smartphones produced in 2019 were sold. In addition, smartphone markets in Asia Pacific, Western Europe and Latin America will show strong growth in 2021, according to Gartner. In particular, China is expected to ship 40 million smartphones.
5G supported smart phone models will constitute 35% of the market. Thus, 5G-powered smartphone sales will double this year compared to 2020. In addition, 5G networks will reach wider availability and 5G-supported smartphone prices will go down. This decrease is estimated at approximately 200 dollars.
5G powered smartphones will be in high demand, especially in Asian countries such as China. However, it should be noted that these numbers will change depending on the smartphone sales during the year.