Global Smartphone Sales to Grow Over 11 Percent in 2021, Led By Affordable 5G Handsets: Gartner

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Gartner, the market analysis agency, predicts 11.four p.c year-on-year development within the world smartphone market, with 1.5 billion telephones offered in 2021. Smartphone gross sales took a serious hit and witnessed a 10.5 p.c decline in 2020 as a result of COVID-19 pandemic. Nonetheless, 2021 is predicted to see a return to former ranges, because the markets open up once more, with expectations being highest from mature markets. The report additionally predicts that the consumer demand for 5G smartphones will improve this yr, and can symbolize 35 p.c of the entire smartphone gross sales in 2021.

In keeping with a report by Gartner, smartphones gross sales in 2021 will rebound to attain 11 p.c development as in comparison with a 10.5 p.c decline in 2020 as a result of COVID-19 pandemic. The report stated that mature markets in Asia Pacific, Western Europe, and Latin America are anticipated to exhibit the strongest development between 2020 and 2021.

The full variety of smartphones offered globally in 2019 was over 1.5 billion (1,540,655,000). In 2020, the quantity fell to over 1.three billion (1,378,719,000). Gartner predicts that in 2021, the gross sales will bounce again to 1.5 billion (1,535,358,000).

“In 2020, shoppers’ decreased spending on smartphones however availability of latest merchandise will see customers drive important uptick in demand in 2021,” stated Anshul Gupta, senior analysis director at Gartner.

The market analysis agency additionally stated that the rising availability of 5G networks, coupled with a better number of 5G smartphones beginning at $200 (Rs. 14,500) “will steer the demand in mature markets and China”.

“The mix of delayed smartphone replacements and the supply of decrease finish 5G smartphones are poised to extend smartphone gross sales in 2021,” Gupta added.

The demand for 5G smartphones in rising international locations is predicted to be pushed by consumers searching for a smartphone with higher specs with 5G connectivity as an non-compulsory function. Gartner forecasts {that a} whole of 539 million models of 5G smartphones might be offered worldwide in 2021, which can symbolize 35 p.c of the entire smartphone gross sales within the yr. The yr 2019 registered a sale of 16 million (16,705,000) 5G smartphones, which elevated to 213 million (213,260,000) models in 2020, based on Gartner.

“5G is now an ordinary function in premium smartphones, particularly within the US, China, Japan, and South Korea. Pushed by lower-cost fashions, adoption is especially aggressive in China, the place 5G smartphone share is on tempo to succeed in 59.5 p.c in 2021. As well as, decrease finish 5G smartphones, which have gotten extra prevalent exterior China, are poised to drive extra momentum for 5G smartphones in 2021 throughout all areas,” stated Gupta.


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