- Tram Ho
The first 5G smartphone in the world is the Galaxy S10 5G. Soon after, Huawei launched the Mate 20X 5G. The two companies together have a huge market share in the 5G smartphone market. Apple still doesn’t have a 5G iPhone, but when it does, it’s definitely a rival.
According to research firm Strategy Analytics, in 2020 there will be 234 million 5G smartphones sold, accounting for 15% of total smartphone sales, an increase of 12 times compared to sales of 18.6 million in 2019. In the first quarter of 2020, Samsung topped the market. 5G smartphone market when sold 8.3 million units, equivalent to 34% market share. Huawei ranked second with 8 million units, accounting for 33.2% of the market share. In the US, the Galaxy S20 trio accounted for 94% of 5G smartphone market share in the first quarter. In 2019, the Galaxy Note 10 Plus 5G is also the most popular 5G phone.
However, in the second half of 2020, the market picture may change completely. Huawei’s market share is expected to fall to 27.3% but still the highest. Due to overseas losses, Huawei has to work hard for its home country of China – the world’s largest smartphone market.
Apple is expected to be the second-largest 5G smartphone brand in the same period with a 21.4% market share thanks to the iPhone 12, pushing Samsung down to third with a 17.8% market share. According to Strategy Analytics estimates, Apple will beat Huawei in 2021 thanks to strong demand from the US and Europe as well as the expansion of 5G networks.
The 5G smartphone market in 2021 is estimated at 600 million units and Apple’s market share is about 24.2%, followed by Huawei 22.2% and Samsung 15.1%.
Samsung is working hard to expand its 5G phone portfolio to increase reach. However, low-cost 5G phones don’t do much in countries without 5G. The Korean electronics company can only bounce back once the 5G network is deployed in countries like India and Indonesia. The economic downturn caused by Covid-19 prevented and weakened the 5G roadmap in developing markets.
According to PhoneArena
Source : Genk