According to the latest research from Strategy Analytics, global 5G smartphone shipments will grow from two million units in 2019 to reach an impressive 1.5 billion in 2025. The 5G category will be the fastest-growing sector of the global smartphone industry for the next decade. Growth opportunities are huge for companies such as Qualcomm, Intel and Apple, according to the research group.
“We forecast global 5G smartphone shipments to grow from 2 million units in 2019 to an impressive 1.5 billion in 2025,” Neil Mawston, executive director at Strategy Analytics, said. “We forecast global 5G smartphone shipments to grow at an average annual rate of 250% between 2019 and 2025. The 5G category will be the fastest-growing sector of the worldwide smartphone industry for the next decade.”
Ken Hyers, Director at Strategy Analytics, added: “The next generation of smartphones that can access high-speed 5G mobile networks represents a huge growth opportunity for carriers, infrastructure suppliers, device vendors, chipset makers and software developers. We expect brands such as Qualcomm, Intel, InterDigital, Ericsson, Apple, Samsung, Vodafone and China Mobile to be among the companies at the forefront of the upcoming 5G smartphone wave.”