By 2025, 5G could represent about 20 percent of all mobile phone connections globally, according to CCS Insight, with higher rates in early-adopter countries such as South Korea.
That obviously will be accompanied by matching growth of 5G device sales. According to the IDC Worldwide Quarterly Mobile Phone Tracker, shipments of smartphones are forecast to reach 1.38 billion units in 2021, an increase of 7.7 percent over 2020. This trend is expected to continue into 2022, when year-over-year growth will be 3.8 percent with shipments totaling 1.43 billion.
Source: IDC
By about 2025 5G devices could represent 80 percent of new device sales globally, IDC seems to estimate. That should scale with 5G account connections as well. CCS Insight believes 5G connections will be about 35 percent of all mobile connections in lead markets such as South Korea by 2025.
5G Connection in South Korea
With 5G shipments expected to grow nearly 130 percent in 2021, almost all regions outside of China will see triple-digit growth by the end of this year. In terms of market share, China will lead the way with nearly 50 percent share of 5G shipments in 2021 while the United States will follow with a 16 percent share.
Other significant markets such as Western Europe and Asia/Pacific (excluding China and Japan) will combine for a 23.1 percent share of the worldwide 5G market by the end of 2021.
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