5G will drive growth in smartphone market, claims report
NEW DELHI: According to the latest report by IDC, the smartphone shipments will continue to witness growth in emerging markets. The report suggests that the shipments of smartphones are expected to grow 7.4% in 2021, reaching 1.37 billion units, followed by 3.4% growth in 2022 and 2023 respectively. The 7.4% growth can be attributed to a healthy 13.8% growth from iOS devices combined with 6.2% growth from Android. The data also highlights that 5G smartphones are the main driving factor of the growth.
The report also revealed that despite the image of Covid-19, the 2021 smartphone shipments managed to display minimal growth compared to 2019 (pre-pandemic) volumes.