According to the latest report coming from Gartner, the worldwide sale of smartphones to end-users could total around 1.5 billion units by the end of this year. This indicates a growth of about 11.4 percent over the last year.
Smartphone sales declined by 10.5 percent in 2020, mainly because of the COVID-19 pandemic but now they are forecast to rebound. The report adds that markets like Western Europe, Latin America, and the Asia Pacific are expected to exhibit the strongest growth.
The combination of delayed smartphone replacements and the availability of lower end 5G smartphones are poised to increase smartphone sales in 2021, claims Anshul Gupta, senior research director at Gartner.
With 5G communication technology going mainstream, 5G smartphones with a starting price of $200 are expected to steer demand in mature markets and China. While in developing nations, the primary focus of buyers will be the specifications and the 5G network support will be optional and lack of it won’t be a dealbreaker.
Further, Gartner forecasts sales of 5G smartphones will total 539 million units worldwide in 2021, which will represent around 35 percent of total smartphone sales in the year. This is mostly because 5G has become a standard feature for premium phones in countries like U.S., China, Japan, and South Korea.
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