5G is expected to boost smartphone sale, particularly in the Asia-Pacific region, in 2020. Greater China and emerging Asia-Pacific will retain the top two positions globally with respective sales of 432.3 million and 376.8 million smartphones this year, according to Gartner.
Overall, worldwide sales of smartphones to end users are predicted to reach 1.57 billion units in 2020, an increase of three percent year over year. In 2019, worldwide smartphone sales declined two percent, the first time since 2008 that the global smartphone market experienced a decline.
“2019 was a challenging year for smartphone vendors, primarily due to oversupply in the high-end sector in mature markets and longer replacement cycles overall. However, in 2020, the market is expected to rebound with the introduction of 5G network coverage in more countries and as users who may have delayed their smartphone purchases until 2020 in expectation of price reductions begin buying again,” said said Annette Zimmermann, Research Vice President of Gartner.
Sale of 5G mobile phones will total 221 million units in 2020 to account for 12 percent of overall market — and more than double in 2021, to 489 million units.
“The commercialisation of 5G phones will accelerate in 2020. 5G phones costing under US$300 have been announced, so sales growth of 5G phones is expected to exceed that of 4G phones over 12 months,” said Zimmermann.