Sales of 5G smartphones account for 2/3 of global revenue

5G users 5G smartphone

According to the latest reports from the analyst firm Counterpoint Research, there is a sharp surge in interest in 5G smartphones. The new communication standard is gaining popularity even faster than its predecessor. And even a pandemic and a crisis in the market does not prevent users from more and more actively visiting stores for 5G smartphones.

Analysts say that 5G models accounted for 2/3 of global revenue (69%) of smartphone sales in the first quarter of 2021; and their shipments accounted for 39% of the global volume of all devices shipped. Apple is driving 5G smartphone sales with its iPhone 12 series. True, in the first quarter of this year, the demand for Apple smartphones dipped slightly; but the decline was compensated for by the growth of offers from other smartphone manufacturers; which are increasingly willing to transfer their mobile phones to 5G rails.

But this does not prevent Apple from earning the most in the niche of smartphones with support for fifth-generation networks. The second and third places in terms of the share of the revenue from sales of 5G devices were Samsung and Oppo. More and more smartphones with support for fifth-generation networks began to appear from Vivo and Xiaomi; but Huawei is predictably losing its position. The largest market for 5G smartphones is China; all due to the fact that a wider range of devices with support for fifth-generation networks; and at different prices are available.

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Nearly 90% of the world’s 5G users live in China

Recently, China hosted the 2021 China Internet Conference, organized by the Internet Society of China. During the meeting, a report was released, according to which the country is the absolute leader in the number of fifth-generation communication users and their number continues to grow.

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According to the China Internet Development Report (2021), last year the number of 5G users in the PRC exceeded 160 million; or 89% of the total number of 5G users in the world. The number of Internet users has reached 989 million people; according to local data, this is 70.4% of the total population of the country.

It is reported that the PRC has established the world’s largest fiber-optic infrastructure, independent 4G and 5G networks. In particular, 916,000 fifth-generation base stations were put into operation; 70% of the total number used at that time in the world.

According to He Guili, vice chairman of the Internet Society of China, in 2020, the volume of the big data industry exceeded $ 11 billion, an increase of 16% compared to 2019, the AI ​​industry reached about $ 47 billion, growth – by 15%, the volume of the Internet of Things market exceeded $ 263 billion. Additionally, it became known that the market for cloud solutions in the country grew to $ 27.5 billion; more than 33% more than in 2019.

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