Home Technology Selling well during the pandemic, smartphone sales are predicted to reach 650 million units

Selling well during the pandemic, smartphone sales are predicted to reach 650 million units

by world today news

Friday, 11 June 2021 | 1:09 p.m. ET


JAKARTA, Kabarbisnis.com: Global sales of smartphones, aka smartphones, are expected to reach 650 million units in the first half of 2021, recording double-digit growth in the first and second quarters.

According to a DigiTimes report, overall smartphone shipments in 2021 will increase by 6.4 percent compared to the previous year’s 1.32 billion units.

Furthermore, the market leaders for the first half of 2021 will include Samsung, Apple, Xiaomi, Oppo, and Vivo, in the top 5 spots. The tech giant has seen ‘strong’ growth in the first half, with Xiaomi in particular nearly doubling its shipments year over year.

The report further adds that 5G smartphone shipments are projected to reach around 500 to 520 million units by 2021. This will mark a significant jump of around 70 to 80 percent compared to last year.

In particular, 5G smartphones, Apple is expected to lead this market segment. On the other hand, the foldable phone segment is also estimated to reach 18 to 20 million units this year.

While South Korea’s Samsung is projected to hold the top spot in this category, its market share in this segment is expected to fall below 40 percent this year.

Keep in mind, these are only current market projections. However, it does offer an interesting look at how the smartphone market is recovering after the Coronavirus pandemic caused the industry to slow down in 2020. kbc10

.

0 comment
0

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.