According to the latest report published by DigiTimes Research, global smartphone shipments are expected to witness double-digit growth in the year 2021 after three consecutive years of decline.
The report adds that shipment in the upcoming year could grow by 150 million units, mainly because of the acceleration of 5G operations in several regions, including the USA, Western Europe, and Japan.
It also estimates that the entry-level 5G smartphones, as well as 4G smartphones, will drive the demand in the emerging markets. The report adds that these devices are expected to reach over 1.5 billion units in 2023 and 1.7 billion units in 2025.
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Further, the report goes on to claim that Samsung and Apple will secure the top positions in the year 2021 in terms of smartphone shipments. These companies will be followed by Chinese brands OPPO, Vivo, and Xiaomi. Huawei, which is currently the leading smartphone company in China, will slip to seventh position globally, as per the estimate.
Digitimes Research also expects global shipments of 5G smartphones to reach over 200 million units in 2020 and to expand to over 1.22 billion units in 2025.
Recently, Canalys predicted in its latest forecast report that in 2020, global 5G smartphone shipments will reach 278 million units. It also added that in 2020, smartphone shipments will drop by 10.7 percent compared to 2019, and it is expected to rebound in 2021, with a year-on-year growth of 9.9 percent.
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