The report which was a product of a Research company IDC atrobuted the surge to the coming of the 5G device network.
In a statement, IDC forecast a 7.7 percent year-on-year shipments rise, the highest level of annual growth since 2015. This trend is tipped to continue into 2022, with a growth of 3.8 percent to 1.43 billion units.
IDC predicts shipments of 5G models will increase by nearly 130 percent in 2021, with almost all regions outside of China clocking triple-digit growth.
Ryan Reith, program VP with IDC’s Worldwide Mobile Device Tracker, noted a strong supply-side push towards 5G, with falling prices as a result.
The company expects Android ASPs to decline 12 percent to $456 this year “and then below $400 in 2022”, Reith stated, adding Apple “will continue to feel the price pressure”.
Stronger demand for low- and mid-range 4G models in emerging markets is also cited as a driver of 2021 shipments.
IDC added it did not expect the smartphone market to be as impacted by a global chip shortage as other industries including automotive, PC, and various consumer technology categories.
“Smartphones are seeing competition for consumer spending from adjacent markets like PCs, tablets, TVs, and smart home devices, yet that hasn’t slowed the market’s path to recovery,” added Reith.
Meanwhile, the Nigerian senate has asked the Nigerian Communication Communission (NCC) to apply the brake to the roll out of the 5G network in the country, even as the rest of the world is fast embracing the innovation that many agreed will lead to reduction in cost of data and also bring about improved internet services.
