Canalys: 5G smartphone shipments are expected to account for 67% this year

According to news on June 20, Canalys released a report titled "The Future Development Path of 5G Smartphones". The report stated that as the 5G smartphone market gradually matures, it is expected that by 2024, the proportion of 5G smartphone shipments will increase to 67% %.

Since 5G accounted for more than 50% of smartphone shipments in 2022, penetration has slowed down. From a global perspective, 5G development remains uneven. The report points out that as the smartphone industry enters another cycle of rising component prices, manufacturers will once again evaluate the potential of 5G smartphones in underpenetrated markets and try to decide the best time to launch 5G devices. According to previous reports, the number of domestic 5G mobile phone users reached 889 million, with the user penetration rate exceeding 60%. At the 2024 Mobile Communications High-Quality Development Forum held in June, Zhao Zhiguo, chief engineer of the Ministry of Industry and Information Technology, said that in the five years since 5G was commercialized, 5G has directly driven a total economic output of about 5.6 trillion yuan and indirectly driven a total output of about 140,000 yuan. billion. ReferenceCanalys | The future development path of 5G smartphones

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