Despite the global shortage of chips, smartphone sales are expected to grow 7.4% this year to 1.37 billion units. Most of them are for iOS devices, which have almost doubled the size of Android smartphones.
Research firm IDC wrote that Apple devices will show a massive growth of 13.8% in 2021, while Android should reach 6.2%. The upward trend in total shipments is expected to continue, albeit at a slower pace, over the next few years: 3.4% in 2022 and 2023, respectively. p>
It is important to note that this pandemic had a significant negative impact on smartphone sales last year, but the 2021 forecast still shows slight growth compared to 2019. Shipments to the world's largest markets - China, the US and Western Europe - are lower than they were It was two years ago. However, emerging markets such as India, Japan, the Middle East and Africa are helping to offset the decline. From a supply chain perspective, the smartphone market was better prepared by 2020 for virtually every region," said Ryan Reith, vice president of IDC's Mobility and Consumer Device Trackers. The pandemic was caused by a recession, but all the major brands continued their production program with the main difference being that timing was left out. So, we're at a point where inventory levels are much better than computers and some other neighboring markets, and we're seeing the resilience of consumer demand in the recent quarterly results.
5G devices can take a lot of credit for the surge in shipments. The average selling price (ASP) of phones is higher than 4G phones, and as the second ASP trend continues to fall, this year's 5G sales in China are still in Top with 47.1% of the 5G market and the US at 16%, 5G units are expected to account for more than half of the total by the end of next year and make up 54.1%, compared to the same quarter last year, which isn't surprising given the quarantine and many concerns about their jobs. In 2021, AVG phones will increase by 9%, which was found because most buyers choose expensive 5G models.
Smartphone sales continue to grow thanks to emerging markets, 5G networks and Apple