the Galaxy S10 5G, which Samsung launched in 2019, was the world’s first 5G phone. Huawei soon followed up with the Mate 20 X 5G, and early adoption of the next generation of wireless technology gave both of them an advantage, allowing them to capture most of the market. Apple has not yet released a 5G phone but the The iPhone 12 series is only a few months away, and a new report says it will be a force to be reckoned with for competing devices.
According to Strategy Analytics, a total of 234 million 5G-enabled smartphones will be sold this year, accounting for 15 percent of total sales. In comparison, only 18.6 million 5G-ready smartphones were shipped in 2019, so sales are on track to increase 12-fold.
In the first quarter of 2020, according to reports, Samsung It dominated the global 5G smartphone market with sales of 8.3 million units, earning it a 34 percent market share. Huawei followed, selling 8 million 5G phones, giving it 33.2 percent of the market.
In the United States, the The Galaxy S20 trio accounted for 94 percent of 5G smartphone sales in the first quarter of the year. In 2019, the Galaxy Note 10 Plus 5G was the most popular 5G phone in the country.
Samsung is so close to losing its 5G throne
In the second half of 2020, the image could change completely. Huawei’s market share will drop to 27.3 percent, but it would be enough to make it the best player. Since the rest of the world has closed Huawei phones, the company has stepped up its efforts in its home country, China, which is one of the world’s largest smartphone markets, and local sales will be mainly behind its shipments.
Apple is expected to be the second-largest seller of 5G phones in H2 2020 with a 21.4 percent share. Samsung will likely drop to third position with 17.8 percent of the market.
According to Strategy Analytics’ estimate, Apple will dethrone Huawei to become the number one seller of 5G smartphones in 2021 due to strong demand from the US and Europe and the expansion of 5G networks.
The 5G smartphone market is forecast to reach 600 million units next year, with Apple making 24.2 percent of sales. It will probably be followed by Huawei with 22.2 percent of the market. Samsung’s share will apparently drop to 15.1 percent, a far cry from where it is now.
Samsung’s affordable 5G phones would be of little help in developing regions.
Samsung has been aggressively trying to expand its 5G portfolio to Improve accessibility. However, affordable 5G phones are not good in regions where 5G services are not available, and according to the report, Samsung could only bounce back when 5G networks are implemented in developed countries like India and Indonesia.
The pandemic-fueled economic setback can be a major impediment and undermine 5G plans in emerging nations.
