Global Smartphone Sales to Grow 3% in 2022: Gartner
Global sales of smartphones to end users are set to reach 1.57 billion units in 2020, which is an increase of iii per cent year over year (YoY), a new report by Gartner, Inc. said on Tuesday.
In 2019, worldwide smartphone sales declined ii per cent — the first time since 2008 that the global smartphone market experienced a decline.
"2019 was a challenging year for smartphone vendors, primarily due to oversupply in the high-end sector in mature markets and longer replacement cycles overall," Annette Zimmermann, Enquiry Vice President at Gartner, said in a argument.
"However, in 2020, the market is expected to rebound with the introduction of 5G network coverage in more countries and every bit users who may take delayed their smartphone purchases until 2020 in expectation of cost reductions brainstorm buying again," added Zimmermann.
According to the marketplace inquiry agency, sales of 5G phones will full 221 million units in 2020 — which will business relationship for 12 per cent of overall mobile phone sales — and more double in 2021, to 489 one thousand thousand units.
"The commercialisation of 5G phones will accelerate in 2020. 5G phones costing under $300 accept been announced, so sales growth of 5G phones is expected to exceed that of 4G phones over twelve months," noted Zimmermann.
From a regional perspective, the Centre East and North Africa, mature Asia/Pacific and Greater China (including China, Taiwan and Hong Kong) will exhibit the highest growth rates in 2020, at 5.9 per cent, v.7 per cent and 5.one per cent, respectively.
Stiff demand for 5G phones in general, together with expectations of Apple's first 5G iPhone, will bolster demand for smartphones, specially in Asia/Pacific and Greater China.
"Smartphone sales volition register growth in 2020 as the demand for mid-price smartphones rises in India," said Anshul Gupta, Senior Enquiry Manager at Gartner.
"Premium features including improved camera, display at affordable cost will remain primal for growth in the Indian smartphone market in 2020."
According to Gartner, attending at this year'due south Mobile World Congress (MWC 2020) will exist drawn to 5G devices at either end of the price scale, some of which may exist revealed before the event.
"The key focus for vendors will be access to 5G and enhancement of the photographic camera applied science within devices," said Zimmermann.
Source: https://beebom.com/global-smartphone-sales-grow-2020/
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