New Delhi: According to the latest report by IDC, smartphone delivery will continue to witness growth in developing country markets.
This report shows that smartphone shipments are expected to grow 7.4% by 2021, reaching 1.37 billion units, followed by 3.4% respectively by 2022 and 2023.
Growth of 7.4% can be associated with 13th growth, 8% healthy than iOS devices combined with 6.2% growth from Android.
Data also highlights that smartphone 5G is the main driving factor of growth.
The report also revealed that despite Covid-19 image, shipping smart phones 2021 successfully displayed minimal growth compared to the 2019 volume (pre-pandemic).
The next report added that a larger market such as China, the United States, and Western Europe – will continue to fall from 2019, but the market is growing like India, Japan, the Middle East, and Africa triggered recovery.
“2020 is a bust because of a pandemic but all top brands continue to advance with their production plans with the main difference that the timeline is pushed out.
Therefore, we are at the point where the supply rate is much healthier than PCs and several others.
The market is close together and us Seeing the resilience of consumer demand in recent quarter results “, said Ryan Reith, vice president of the group with mobility and tracking of IDC consumer devices.
As mentioned above, 5G delivery will act as the main drivers of growth of 2021 as vendors and channels focus on 5G devices that carry a higher average average selling price (ASP) than longer 4G devices.
ASP from 5G smartphones will reach $ 634 in 2021, which is flat from $ 632 in 2020.
According to IDC, China will continue to lead the 5G smartphone market with a market share of 47.1%, followed by the US at 16%, India at 6.1% , and Japan at 4.1%.
On the other hand, 4G smartphones will see a massive price decline because the ASP fell to $ 206, representing a decline of almost 30% from last year ($ 277).
As a result, the total 5G delivery volume will grow to 570 million units, up 123.4% from last year.