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Smartphone shipments will grow thanks to 5G, but not for long

January 21, 2020

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It’s no big secret that the smartphone market has gone through an extended rough patch in the last few years, but as repeatedly predicted in 2019 by multiple research firms, global shipments should get a healthy boost in 2020 largely thanks to the advent of 5G.

While the world’s first 5G-enabled handsets came out last year, scarce availability, high prices, and perhaps most importantly, slow network rollouts made it essentially impossible for their sales numbers to count for much in the grand scheme of things. Of course, Gartner’s top analysts expect the status quo to be gradually altered, as the overall market share of 5G smartphones could rise from 12 percent in 2020 to as much as 43 percent “by 2022”, and finally, more than 50 percent in 2023.

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