Global smartphone sales on the rebound in 2020

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Global smartphone sales are expected to reach 1.57 billion units in 2020, new data shows.

According to Gartner, this growth represents a rise of three per cent year-over-year, following on from 2019’s decline slowdown of two per cent.

Annette Zimmermann, research vice president at Gartner, said 2020 is expected to be a rebound year for the smartphone market due to expanding 5G networks and customers holding out for price reductions are beginning to buy again.

Mobile phones with 5G connectivity are expected to total 221 million in 2020, accounting for 12 per cent of all mobile phone sales. By 2021, this is expected to more than double to 489 million units.

“The commercialisation of 5G phones will accelerate in 2020. 5G phones costing under $300 have been announced, so sales growth of 5G phones is expected to exceed that of 4G phones over twelve months,” said Zimmermann.

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