December 8, 2021

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

Smartphone shipments to grow 5.5% in 2021, driven by strong 5G push and pent-up demand

Global smartphone shipments will grow 13.9% year-on-year in first-quarter 2021 and 5.5% for full-year 2021, forecasts the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This growth will be driven by continued recovery in demand and a supply-side push of 5G devices. IDC expects the smartphone market to deliver a compound annual growth rate (CAGR) of 3.6% over the 2020-2025 forecast period…