Global 5G Smartphone Market: Size And Trends With Impact Of COVID-19 And Forecast up to 2027

The global 5G smartphone market in 2021 was valued at US$32.21 billion. The market is expected to reach US$4167.07 billion by 2027. The 5G Smartphone is a mobile phone with advance features and functionality beyond traditional functionalities such as sending text messages and making calls and primarily support the fifth standard network. The consumers interest in 5G devices has been growing, therefore chipmakers are also pushing brands to use 5G chips in their new line-up of smartphones.

Due to the rise in urban population, growth in consumer awareness about the increasing usage of mobile devices, surging integration of AR technology, expanding over-the-top (OTT) platform subscriptions would propel the market growth in the forthcoming years. The market is expected to grow at a CAGR of 124.90 % during the forecast period of 2022-2027.

Scope of the Report:

The report titled “Global 5G Smartphone Market: Analysis By Sales Channel (Online and Offline), By Shipments, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027”, includes :

-- An in-depth analysis of the global 5G Smartphone market by value, by Sales channel, by shipments, by region, etc.

-- The regional analysis of the 5G Smartphone market, including the following regions:

Asia Pacific (China, India and Rest of Asia Pacific)
North America (The US, Canada, and Mexico)
Europe (Germany, The UK, France, Italy, Spain, and Rest of the Europe)
LAMEA (Latin America and the Middle East and Africa)

-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.

-- Provides an analysis of the COVID-19 impact on the global 5G Smartphone market.

-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall the 5G Smartphone market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

-- Evaluation of the potential role of the 5G Smartphone to improve the market status.

-- Identification of new technological developments, R&D activities, and product launches occuring in the 5G Smartphone market.

-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.