5G Device Growth Slows Down in 2022 Due to Geopolitical Situation

2021 was a crucial year for the acceleration of 5G, following the initial network launches in 2019 and 2020. A study from ABI Research has highlighted how the Covid-19 pandemic has quickened the pace of digital transformation, which shows no signs of slowing down, placing technologies such as always-on 5G portable devices at the very centre of how people live and work. 5G Device

With smartphone markets maturing and breakthrough innovations becoming increasingly rare, the switch to 5G could become the biggest growth driver for the smartphone industry in coming years. And while the rollout of the faster wireless standard has been remarkably quick – the GSMA expects 5G connections to hit one billion this year – there’s still plenty of room to grow for 5G and it will take years for it to overtake 4G.

According to the GSMA, 5G accounted for 8 percent of global mobile connections in 2021, with the share considerably lower in most parts of the world. By 2025, one in four mobile connections is expected to be on a 5G network, with 4G expected to still have a dominant lead at 55 percent of connections in 2025.

As the following chart, based on GSMA estimates, shows, Greater China is currently leading the race to 5G with 29 percent of mobile connections in the region utilizing the new standard. North America is a distant second with 13 percent adoption and Europe is even further behind at 4 percent of all mobile connections. By 2025, 5G is expected to become the predominant standard in Greater China and North America, while the rest of the world is still expected to rely heavily on 4G for the time being.

Infographic: The State of 5G | Statista

And yet … overall 5G market was still in healthy growth in 2021, however, the geopolitical situation will slow the growth for next years.

Apple was the undisputed shipment leader in 2021 but Apple’s share is slowly eroding. Apple will keep peak position through strong iPhone sales in 2023. Samsung took second position, but Strategy Analytics forecasts that Samsung will climb to second position in 2022 and keep its second place globally in 2023 followed by Xiaomi taking third position.

Future is unsure at the moment as the macroeconomic and geopolitical situation is constantly changing. Pandemic is slowly changing to endemic but other issues keep the economic future unclear. 5g device



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