Gartner Predicts 5G Smartphones as 12% of 2020 Handset Market
Global smartphone sales to end users will rise 3 percent this year to 1.57 billion, forecast Gartner. There was a 2 percent decrease in 2019, the first decline since 2008, it said Tuesday. Gartner described 2019 as a challenging year…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
for vendors facing an “oversupply in the high-end sector in mature markets,” plus “longer replacement cycles overall.” It’s basing forecasts of a 2020 rebound on the “introduction of 5G network coverage in more countries." The researcher expects users “who may have delayed their smartphone purchases until 2020 in expectation of price reductions [to] begin buying again." It’s projecting 2020 sales of 5G smartphones will be 12 percent of the market at 221 million units.