"5G Smartphone Sales Reach $108 Billion This Year... Triple Growth by 2025"
[Asia Economy Reporter Seulgina Jo] An analysis has emerged that global 5G smartphone sales will surpass $100 billion this year. By 2025, it is expected to grow more than threefold, accounting for 50% of the total market.
According to the '5G Smartphones: Trends, Regional Analysis, and Market Outlook 2021-2026' report released on the 16th (local time) by market research firm Juniper Research, global 5G smartphone sales this year are estimated to reach $108 billion (approximately 126 trillion KRW).
This is a result of the full-scale expansion of 5G services in various countries and the continuous release of new devices supporting 5G, ranging from premium to entry-level models.
By 2025, global 5G smartphone sales are expected to increase more than threefold from this year, reaching $337 billion. Juniper Research predicted, "By 2025, 5G smartphone sales will account for half of the total device sales."
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Trump: "No Concessions to Iran... They Will Soon Know What's Coming"
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
They added, "For 5G smartphone sales to expand in emerging markets, the availability of mid- to low-priced 5G devices must increase," and "Price reductions of Android phones will help Android models dominate the 5G market in regions such as Latin America."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
