Global 5G Smartphone Market: Insights & Forecast with Potential Impact of COVID-19 (2021-2025)
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 eSports 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.
The global 5G smartphone market has been segmented on the basis of sales channel, named as offline and online. The offline segment is the fastest growing market, owing to growing availability of a huge number and variety of outlets including retailer outlets, hypermarkets, mobile stores, and brand stores, expanding urbanization, growing usage of mobile devices and accelerating economic growth. In addition, the growing number of COVID-19 cases across the region in 2020, escalated the adoption of 5G smartphones as a result of rising work from home trend and increasing shift to online education to maintain social distancing during the pandemic.
Scope of the report:
- The report provides a comprehensive analysis of the global 5G smartphone market segmented on the basis of sales channel.
- The major regional and country markets (Asia Pacific, North America, Europe and LAMEA) have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Apple Inc., Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., Xiaomi Corporation, LG Corporation and BBK Electronics Corporation (Oppo)) are also presented in detail.
- 5G Smartphone Manufacturers
- 5G Smartphone Dealers & Network Providers
- End Customers
- Business Entities
- Government Bodies & Regulating Authorities
- 1. Market Overview
- 1.1 Introduction
- 1.2 Evolution of Telecommunication
- Table 1: Evolution of Telecommunication
- 1.3 Specific Requirements of 5G Technology
- Table 2: Specific Requirements of 5G Technology
- 1.4 Characteristics of 5G Cellular Network
- Table 3: Characteristics of 5G Cellular Network
- 1.5 Major Advantages of 5G Technology
- Table 4: Major Advantages of 5G Technology
- 1.6 5G v/s 4G Smartphone RFFE Specifications
- Table 5: 5G v/s 4G Smartphone RFFE Specifications
- 1.7 Disadvantages of 5G Cellular Network Technology
- Table 6: Disadvantages of 5G Cellular Network Technology
- 2. Impact of COVID-19
- 2.1 Recovering Industrial Production
- Table 7: Recovering Industrial Production (2019-2020)
- 2.2 Growth in Download of Video Conferencing Apps
- Table 8: Quarterly Revenue of Zoom Video Communications (2019-2021)
- 2.3 Rising Trend of Work from Home
- Table 9: Percentage of Internet Users aged 16 to 64 expecting to Work from Home
- Even After the Pandemic (July 2020)
- 2.4 Upsurge in Online Learning
- Table 10: Share of Countries Responding to School Closure with Different Forms of
- Remote Learning by Region
- 2.5 Surging Penetration Rate of 5G Smartphones
- Table 11: Penetration Rate of 5G Smartphones in China (November 2019-November 2020)
- 3. Global Market Analysis
- 3.1 Global 5G Smartphone Market Forecast by Value
- Table 12: Global 5G Smartphone Market Forecast by Value (2019-2025)
- 3.2 Global 5G Smartphone Market by Sales Channel
- Table 13: Global 5G Smartphone Market by Sales Channel (2020)
- 3.2.1 Global Offline 5G Smartphone Market Forecast by Value
- Table 14: Global Offline 5G Smartphone Market Forecast by Value (2019-2025)
- 3.2.2 Global Online 5G Smartphone Market Forecast by Value
- Table 15: Global Online 5G Smartphone Market Forecast by Value (2019-2025)
- 3.3 Global 5G Smartphone Market by Region
- Table 16: Global 5G Smartphone Market by Region (2020)
- 3.4 Global 5G Smartphone Shipments Forecast
- Table 17: Global 5G Smartphone Shipments Forecast (2019-2025)
- 3.5 Global 5G Smartphone Shipment by Region
- Table 18: Global 5G Smartphone Shipment by Region (2020)
- 4. Regional Market Analysis
- 4.1 Asia Pacific
- 4.1.1 Asia Pacific 5G Smartphone Market Forecast by Value
- Table 19: Asia Pacific 5G Smartphone Market Forecast by Value (2019-2025)
- 4.1.2 Asia Pacific (ex. Greater China) 5G Smartphone Shipment Forecast
- Table 20: Asia Pacific (ex. Greater China) 5G Smartphone Shipment Forecast (2019-2025)
- 4.1.3 China 5G Smartphone Shipment Forecast
- Table 21: China 5G Smartphone Shipment Forecast (2019-2025)
- 4.2 North America
- 4.2.1 North America 5G Smartphone Market Forecast by Value
- Table 22: North America 5G Smartphone Market Forecast by Value (2019-2025)
- 4.2.2 North America 5G Smartphone Shipment Forecast
- Table 23: North America 5G Smartphone Shipment Forecast (2019-2025)
- 4.2.3 The U.S. 5G Smartphone Market Forecast by Value
- Table 24: The U.S. 5G Smartphone Market Forecast by Value (2019-2025)
- 4.2.4 The U.S. 5G Smartphone Market by Operating System
- Table 25: The U.S. 5G Smartphone Market by Operating System (2020)
- 4.2.5 The U.S. Android 5G Smartphone Market Forecast by Value
- Table 26: The U.S. Android 5G Smartphone Market Forecast by Value (2019-2025)
- 4.2.6 The U.S. iOS 5G Smartphone Market Forecast by Value
- Table 27: The U.S. iOS 5G Smartphone Market Forecast by Value (2019-2025)
- 4.2.7 The U.S. Other 5G Smartphone Market Forecast by Value
- Table 28: The U.S. Other 5G Smartphone Market Forecast by Value (2019-2025)
- 4.3 Europe
- 4.3.1 Europe 5G Smartphone Market Forecast by Value
- Table 29: Europe 5G Smartphone Market Forecast by Value (2019-2025)
- 4.4 Europe, Middle East & Africa
- 4.4.1 Europe, Middle East & Africa Smartphone Shipment Forecast
- Table 30: Europe, Middle East & Africa Smartphone Shipment Forecast (2019-2025)
- 4.5 LAMEA
- 4.5.1 LAMEA 5G Smartphone Market Forecast by Value
- Table 31: LAMEA 5G Smartphone Market Forecast by Value (2019-2025)
- 4.6 Latin America
- 4.6.1 Latin America 5G Smartphone Shipment Forecast
- Table 32: Latin America 5G Smartphone Shipment Forecast (2019-2025)
- 5. Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Growing Population
- Table 33: Global Population (2016-2020)
- 5.1.2 Increasing Usage of Mobile Devices
- Table 34: Smartphone & Tablet Users in the U.S. (2015-2020)
- 5.1.3 Surging Integration of AR Technology
- Table 35: Global Mobile Augmented Reality (AR) Users (2015-2023)
- 5.1.4 Expanding Over-The-Top (OTT) Platform Subscriptions
- Table 36: Number of Netflix Paid Subscribers Worldwide (2013-2020)
- 5.1.5 Mounting Penetration of Internet Users
- Table 37: Global Internet Users (2014-2020)
- 5.1.6 Upsurge in the Number of eSports Audience
- Table 38: Global eSports Audience (2017-2022)
- 5.2 Key Trends and Developments
- 5.2.1 Accelerating Adoption of 5G Smartphones
- Table 39: 5G Smartphone Connections Worldwide (2019-2024)
- 5.2.2 Rising Trend of Connected IoT Devices
- Table 40: Global Internet of Things Connected Devices (2016-2022)
- 5.2.3 Escalating Penetration of Mobile E-Commerce
- Table 41: Global Mobile E-Commerce Sales (2016-2021)
- 5.2.4 Rising Integration with Artificial Intelligence
- Table 42: Global Artificial Intelligence Software Market Revenue (2018-2025)
- 5.3 Challenges
- 5.3.1 Security & Privacy Issues
- 5.3.2 Massive Power Consumption
- 5.3.3 High Operational and Infrastructure Cost
- 6. Competitive Landscape
- 6.1 Global Market
- 6.1.1 Revenue Comparison of Key Players
- Table 43: Revenue Comparison of Key Players (2019/2020)
- 6.1.2 Market Capitalization Comparison of Key Players
- Table 44: Market Capitalization Comparison of Key Players (2021)
- 6.1.3 R&D Comparison of Key Players
- Table 45: R&D Comparison of Key Players (2019/2020)
- 6.1.4 Global 5G Smartphone Market Share by Key Players
- Table 46: Global 5G Smartphone Market Share by Key Players (Q1 2020)
- 6.1.5 Global 5G Smartphone Shipments and Penetration Rate by Key Players
- Table 47: Global 5G Smartphone Shipments and Penetration Rate by Key Players (2020-2021)
- 7. Company Profiles
- 7.1 Apple Inc.
- 7.1.1 Business Overview
- 7.1.2 Financial Overview
- Table 48: Apple Inc. Total Net Sales and Net Income (2016-2020)
- Table 49: Apple Inc. Total Net Sales by Region (2020)
- 7.1.3 Business Strategies
- 7.2 Samsung Electronics Co., Ltd.
- 7.2.1 Business Overview
- 7.2.2 Financial Overview
- Table 50: Samsung Electronics Co., Ltd. Revenue and Profit (2016-2020)
- Table 51: Samsung Electronics Co., Ltd. Revenue by Segment (2020)
- Table 52: Samsung Electronics Co., Ltd. Revenue by Region (2020)
- 7.2.3 Business Strategies
- 7.3 Huawei Technologies Co., Ltd.
- 7.3.1 Business Overview
- 7.3.2 Financial Overview
- Table 53: Huawei Technologies Co., Ltd. Revenue and Net Income (2015-2019)
- Table 54: Huawei Technologies Co., Ltd. Revenue by Segment (2019)
- Table 55: Huawei Technologies Co., Ltd. Revenue by Region (2019)
- 7.3.3 Business Strategies
- 7.4 Xiaomi Corporation
- 7.4.1 Business Overview
- 7.4.2 Financial Overview
- Table 56: Xiaomi Corporation Revenue and Profit/Loss (2015-2019)
- Table 57: Xiaomi Corporation Revenue by Segment (2019)
- Table 58: Xiaomi Corporation Revenue by Region (2019)
- 7.4.3 Business Strategies
- 7.5 LG Corporation
- 7.5.1 Business Overview
- 7.5.2 Financial Overview
- Table 59: LG Corporation Revenue and Profit (2015-2019)
- 7.5.3 Business Strategies
- 7.6 BBK Electronics Corporation (Oppo)
- 7.6.1 Business Overview
- 7.6.2 Business Strategies
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