Overview:
The global smartphone market in 2021 started very strongly as Q1 2021 recorded 20% YoY growth. This first quarter bettered shipments from Q1 2019 and Q1 2020.
Significant factors leading the smartphone market in 2021 are; the global spread of 5G devices, the demand shift to 2021 that had reduced due to the COVID-19 pandemic, and the increase in demand for smartphones due to the recovery of the global economy along with Feature phone users' smartphone conversion inflow.
Published Date: June 2021