The global smartphone market could see its fastest growth since 2015 as a proliferation of more affordable 5G devices helps the mobile-phone industry rebound from a tough stretch during the pandemic.
One key momentum driver will be the increasing adoption of 5G devices in markets where compatible networks have been deployed. The IDC analysts see price points coming down on 5G devices and expect that the average selling price for 5G Android devices could fall 12% to $456 in 2021 before dipping below $400 in 2022.
Most regions outside of China will see triple-digit growth in 5G shipments during 2021, per the IDC projections, though China will still be the leader in market share will almost half of all worldwide shipments.
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