5G smartphones to capture 50 percent of global market by 2023: IDC
Shortpedia
Content Team
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Riding on a strong 5G push, the global smartphone market will return to a full recovery by 2022 and 5G smartphones are expected to capture 50 percent of the global market by 2023, according to a new IDC report. 5G remains a priority for all smartphone OEMs despite the challenges with the Covid-19 pandemic and lack of consumer demand. The worldwide smartphone market is forecast to decline 9.5 percent (year over year) in 2020.
