The worldwide cumulative 5G smartphone shipments crossed the two billion models milestone in This autumn 2023, mentioned a Counterpoint Analysis report. This milestone took lower than 5 years globally, whereas for 4G it took six years. The report mentioned that nearly 70% of all 5G telephone shipments got here from developed international locations/markets such because the US, Western Europe, and China. Samsung and Apple had been the highest 5G telephone manufacturers, that shipped a few billion models collectively.
This implies Apple and Samsung shipped over 50% of all of the 5G telephones within the world market. Apple began promoting 5G-enabled iPhones from the iPhone 12 sequence. The Counterpoint Analysis report mentioned that the arrival of a 5G-enabled iPhone accelerated the adoption of 5G telephones out there. In This autumn 2023, greater than 200 million 5G smartphone models had been shipped globally in a single quarter.
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Developed Markets are Reaching Saturation Level
The developed markets globally are reaching a saturation level, mentioned the report. 5G smartphones contributed about 80% of the full shipments within the developed markets. Largely, it was the premium section units, above $600 that had been 5G. To allow extra progress in 5G shipments, smartphone OEMs (unique gear makers) are including 5G functionality as a typical characteristic of their mid-range units as properly.
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Counterpoint mentioned that rising markets like India and Southeast Asia will drive the momentum for the subsequent billion of 5G smartphone shipments. Within the rising or growing markets, 5G rollout continues to be going down and because the consciousness about 5G goes up, extra customers will undertake to a 5G telephone. Additional, it’s price noting that many OEMs are actually working to introduce extra reasonably priced priced 5G handsets within the Indian market, which can seemingly drive the adoption and cargo of 5G telephones within the coming years.
