Half of smartphones sold globally will support 5G by 2022-end: Report

Business Standard Half of smartphones sold globally will support 5G by 2022-end: Report

One out of every two smartphones sold globally is expected to support 5G by the end of 2022 as factors like increasing affordability, unique design and performance fuel adoption of the new technology, according to a whitepaper by Counterpoint Research and Realme.

According to the whitepaper titled 'Making 5G Global: Accessibility for All', the global adoption of 5G is outpacing all previous generations.

In the first quarter of 2021, within just one year after the launch of the world's first commercial 5G network, almost one out of every three smartphones sold worldwide supported 5G, it said.

While developed markets have been driving 5G adoption, this is expected to change as more emerging markets are starting to launch commercial 5G services, it added.

The whitepaper noted that premium segments have traditionally dominated in the early adoption stage of previous generations but 5G has brought a new dynamic to the market.

"In 2020, 5G phones in the low-to-mid-range price segments accounted for nearly 40 per cent of all 5G devices sold. With average selling prices (ASP) likely to continue declining by double-digits in the foreseeable future, it is expected that one out of every two smartphones sold globally will support 5G by the end of 2022," it added.

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