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Share this article Share this article ResearchAndMarkets.com s offering. The global 5G smartphone market is predicted to reach US$823.93 billion in 2025, progressing at a CAGR of 124.89%, over the period 2021-2025. The factors such as growing population, increasing usage of mobile devices, surging integration of AR technology, expanding over-the-top (OTT) platform subscriptions, mounting penetration of internet users and upsurge in number of e-Sports audience would drive the growth of the market. However, the market growth would be challenged by security and privacy issues, massive power consumption, high operational and infrastructural cost. A few notable trends include accelerating adoption of 5G smartphones, rising trend of connected IoT devices, escalating penetration of mobile e-commerce and rising integration with artificial intelligence.

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