TechInsights: Global 5G smartphone penetration is expected to reach 72% in 2024
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TechInsights expects the 5G smartphone market to resume growth in 2024. TechInsights predicts that Apple's (AAPL.US) market share is slowly declining, but it will maintain its No. 1 position in the world through strong iPhone sales in 2023 and 2024. Samsung will maintain its second position in the world's 5G smartphones in 2023 and 2024, and Xiaomi (01810) will rank third. Growth in the 5G smartphone market is slowing but will continue to be positive in 2023 and 2024. By 2024, the global 5G smartphone penetration rate will reach 72%, and the 5G millimeter wave smartphone penetration rate will reach 7.3%. |
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