In 2021, China, America, India and Japan have a 54 percent share in all smartphone sales worldwide.
Smartphone Sale
On the one hand, since last year, the Corona Epidemic has destroyed a lot of business and kept many industries at a loss, on the other hand, the Smartphone Industry has benefited tremendously during this time. In the Corona era, most people have to stay at home, in such a situation smartphones have taken up the task of disposing of their work and removing their boredom. Due to this, there has been a boom in Smartphone Sale.
The smartphone industry is currently focused on 5G technology. By migrating to 5G and the iPhone 12 (iPhone 12) Super Cycle, global smartphone revenue will grow by more than 13 percent (on year) in 2021, the highest revenue growth in six years. In 2021, China, America, India and Japan have a 54 percent share in all smartphone sales worldwide.
Sale of smartphones will increase this year
Despite the economic uncertainty and sluggish consumer confidence caused by the Coronavirus, according to the latest research by Strategy Analytics, the market may bounce back in 2021. According to Senior VP, David Kerr, India and Brazil remain a downside risk in terms of volume and value, which are currently suffering through a significant jump in COVID 19.
Will also increase in the coming time
In general, we remain moderately optimistic about both replacement sales and new customers, Kerr said in a statement. Boris Metodive, Associate Director in Strategy Analytics, says that although global smartphone wholesale revenue declined by minus 5 percent in 2020 as a result of the global coronovirus epidemic, we expect them to have a strong plus 13 percent rebound in 2021 and in the following years. The growth will also continue.
Demand for iPhone 12 will strengthen
Commenting on, Linda Sui, Senior Director, Strategy Analytics said, “We expect the Super Cycle of the iPhone 12 to contribute to the ultra premium segment and nearly half of this year’s overall wholesale revenue”.
(With IANS input)
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