Due to the COVID-19 pandemic, global shipments in the smartphone market in 2020 have fallen by 7%. However, Canalys analysts predict that the market will rebound in 2021, predicting that the adoption rate of 5G mobile phones will increase. Although the report pointed out that as countries begin to lift restrictions, the market will rebound, but due to the shortage of parts and components, the rebound will be limited.
Nicole Peng, vice president of Canalys Mobile, pointed out that “As the prices of key components such as chipsets and memory rise, smartphone vendors must decide whether to bear the cost or pass it on to customers. Consumers.” It is expected to reach 1.4 billion units in 2021, an increase of 12% over last year.
Canalys analysts pointed out that smartphone manufacturers will prioritize shipments in more profitable markets such as the United States, China, and Western Europe while sacrificing the narrower profit margins of Africa and Latin America.
Allocate units to operators on the open market. Analysts also predict that 5G smartphone shipments will grow to 43% in 2021, compared with 37% of total global shipments last year. In addition, 5G shipments in 2022 are expected to exceed 4G total sales. Most of the growth of 5G smartphones in 2021 will be attributed to affordable 5G devices (less than US$300), which are expected to account for 32% of all 5G smartphones sent.