Global shipments of 5G smartphones will exceed 250 million by 2020: China accounts for 170 million units.

On August 4th, according tomedia reports, the latest forecast from Digitimes Research showed that 5G smartphone shipments would exceed 250 million units by 2020, with China alone accounting for 170 million units. According to the report, Digitimes Research forecasts that global smartphone shipments will reach 1.15 billion units by 2020, down 15.2 percent from a year earlier. By 2020, 5G smartphone shipments will exceed 250 million units, accounting for more than 20% of global smartphone shipments.

Global shipments of 5G smartphones will exceed 250 million by 2020: China accounts for 170 million units.

In addition, due to the rapid development of China’s 5G network, mobile phone manufacturers continue to introduce low-end 5G models, and the price is constantly lower to stimulate the renewal of 5G mobile phones, in 2020, the Chinese market alone 5G mobile phone shipments will reach 170 million units, accounting for nearly 70% of the global 5G smartphone share, accounting for 68%.

The report also shows that by 2020, China’s market share of 5G handsets will account for 52.7% of China’s total smartphone shipments. China’s smartphone shipments in the second half of 2020 are likely to be flat or slightly lower than the same period last year, with full-year smartphone shipments down 10.3 percent, as 5G handset sales are stronger than expected.

With the new crown outbreak delaying the deployment of the 5G network, shipments of 5G handsets outside China will reach only 82.3 million units by 2020, less than 10% of global smartphone shipments.

According to a report released by the China Information and Communications Institute, in June 2020, the domestic market 5G mobile phone shipments of 17.513 million units, accounting for 61.2% of the same period of mobile phone shipments, the domestic market 5G mobile phone shipments of 63.597 million units, the listing of new models accumulated 105, accounting for 41.5% and 48.6%, respectively.

So, with the rapid development of China’s 5G network, China’s 5G mobile phone sales are rising, with the popularity of 5G mobile phones and the price of low, I believe that soon 5G mobile phones will dominate the smartphone market.