IDC Predicts Highest Smartphone Sales Growth Since 2022

IDC is expecting the highest smartphone sales growth since 2015. We're talking about this year overall, and then for the whole of 2021, non simply a specific quarter. IDC expects smartphone shipments to reach 1.38 billion units in 2021.

IDC expects quite a significant smartphone sales growth in 2021

If that ends upwards happening, it would present an increase of 7.7-percent over final year. IDC too expects that trend to continue into 2022, every bit the company expects year-over-yr growth of around 3.eight-percent. Shipments are expected to attain ane.43 billion smartphones in 2022.

This market enquiry company did offer some explanation for such claims. It says that markets worldwide go along to migrate towards 5G. That goes for markets where 5G networks are deployed, of class.

On top of that, in emerging markets, the demand for depression-terminate and mid-range 4G phones is quite strong. The demand for such devices wasn't equally strong last year, mainly due to the pandemic, so things are changing.

A low, single-digit growth will go along through 2025

IDC actually predicts a low, single-digit growth to go on all the style through 2025. It expects a five-year chemical compound annual growth rate (CAGR) of 3.vii-per centum. Do note that the global chip shortage presents an issue, though, the smartphone market is not excluded from these problems.

IDC notes that the chip shortage hasn't been equally noted in the smartphone market as it has been in the automotive, PC, and various other consumer tech categories.

It was as well noted that 5G shipments are expected to grow nearly 130-percent in 2021. Information technology is claimed that all regions outside of China will see a huge, triple-digit growth by the end of this year.

China is still expected to pb the way when it comes to 5G. It will have a near l-percent share of 5G shipments in 2021, it is claimed, while the United states of america will follow with a xvi-percent share.

Western Europe and other Asia/Pacific regions (excluding China and Nippon), are expected to take a combined 23.1-percent share of the worldwide 5G market past the cease of this yr.