According to a new Strategy Analytics forecast, “Global 5G Business Smartphone Shipment Forecast 2021-2026”, 5G business smartphone shipments will grow at a compound annual growth rate (CAGR) of 28% over the 2021-2026 forecast period.
Key vendors like Apple, Samsung, Huawei, Nokia and Google, are seeing 5G as an opportunity to bring mobile devices closer to the mobile workforce, with the implementation of vertical applications, according to analyst Gina Luk.
The research group says that h=High positive growth is expected in China, India, Australia, South Korea, UK, France, Germany, and the U.S, as 5G begins to ramp in these countries in 2021. Worldwide BYOD [bring-your-own-device] 5G smartphone shipments will increase by 187% year-over-year, and corporate-liable shipments will increase by 649% year-over-year, from 2020, according to Strategy Analytics.
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Strategy Analytics: Enterprise Adoption of 5G Smartphones Taking Off
May 11, 2021 GMT
According to a new Strategy Analytics forecast, “
Global 5G Business Smartphone Shipment Forecast 2021-2026”, 5G business smartphone shipments will grow at a CAGR of 28% over the 2021-2026 forecast period. High positive growth is expected in China, India, Australia, South Korea, UK, France, Germany, and the US, as 5G begins to ramp in these countries in 2021. Worldwide BYOD 5G smartphone shipments will increase by 187% YoY, and corporate-liable shipments will increase by 649% YoY from 2020. Increasing competition in the 5G Android space, particularly from Chinese vendors, will drive downward pressure on ASPs, which are expected to drop 23%, but revenue is expected to increase almost 10-fold from 2020 to 2026.