5G smartphones to hit 110 million units by 2021

5G smartphone shipments are expected to grow a whopping 255% by 2021.

Neighbourhood Technology Desk/Avi Arya: 5G smartphone shipments are expected to grow a whopping 255% by 2021, almost reaching 110 million units. According to Counterpoint Research, while the growth will be slow during the initial commercialization phase in 2019, there will be an uptick in sales once countries shift from non-standalone to standalone 5G infrastructure.

Other countries, especially in Europe, are more likely to leapfrog to standalone 5G as they will want to wait for concrete business cases to arise, before fully committing to the transition.Overall handset market will slow to a CAGR of 1-2% from 2018-2021 due to market saturation and product innovations that are not spurring growth.

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