Worldwide 5G Smartphone Sales Will Surpass 4G For The Very First Time In Jan 2022, According To A New Report
The regions of China, Western Europe, and North America, have propelled the development of 5G smartphones.
According to Counterpoint Research’s Worldwide Monthly Smartphone Model Sales Locator, sales infiltration of generation 5 g smartphones attained 51% worldwide in January 2022, outpacing 4G mobile phones for the very first time.
According to the report Western Europe, China, and North America were the primary drivers of growth.
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In January, China had the greatest 5G penetration rate in the world, at 84%.
The move for 5G by Chinese telecoms companies, coupled with OEM preparedness to provide customers with competitive prices of 5G mobile phones, facilitated this growth, according to the report.
Western Europe and both North America had 73% and 76% 5G penetration of smartphones, respectively.
Brands
Apple monopolized North America and Western Europe, with selling shares of more than 50% and 30%, in both.
After Apple made the switch to 5G with the iPhone 12 Sequence in October 2020, North America and Western Europe have seen a natural growth in the revenue permeation of 5G smartphones, it said.
These areas are anticipated to remain to contribute significantly to global 5G sales, as also without providing cheaper specs, there is an enormous and continuous requirement for a 5G update among iOS users. This requirement is also being bolstered by apple fans who are ready for the new devices after retaining on to their iPhone models for years. Many people’s holding periods are approaching four years, which is indicates the extent loop for iPhones, it says.
Regions of concentration
Asia-Pacific, Latin America, and the Middle East will be the next regions where OEMs will concentrate their efforts to increase 5G penetration.
According to Counterpoint, 5G designs inside the sub-$150 price bracket are the happy medium for such areas, which are largely controlled by 4G.
At the moment, the minimal 5G SoC costs more than $20.
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According to Counterpoint’s Component Tracker Service, we will be seeing 5G smartphones in the budgeted segment once the price drops below $20.
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