Demand for smartphones nosedived in 2020 as a result of the COVID-19 pandemic, but new research shows that the global smartphone market is on track to rebound quickly in 2021.
The smartphone market is rebounding quickly thanks, in part, to 5G
DigiTimes Researchforecasts that global smartphone shipments will reach 650 million units in the first half of 2021. Both the first and second quarters are set to register double-digit growth.
Shipments for the whole of 2021 are set to hit 1.32 billion units, an impressive increase of 6.4% versus the numbers posted in 2020. Unsurprisingly, 5G handsets are a key reason for the forecasted growth.
