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Smartphone market, Apple and 5G lead the recovery - Future Tech

2023-12-04T10:28:35.711Z

Highlights: Smartphone market, Apple and 5G lead the recovery - Future Tech. Analysts: quarterly shipments mark +7.3% compared to 2022 (ANSA). Despite a declining year, smartphone sales are expected to recover in the last quarter of 2023. This is according to IDC analysts, according to whom the sector could close with -3.5% and 1.16 billion devices shipped. However, this is a better forecast than the 4.7% decrease projected last year by the same agency.


Analysts: quarterly shipments mark +7.3% compared to 2022 (ANSA)


Despite a declining year, smartphone sales are expected to recover in the last quarter of 2023. This is according to IDC analysts, according to whom the sector could close with +7.3% in shipments compared to the same quarter of 2022. For experts, the recovery is driven by 5G technology, now present on all flagship models, although its advantages are still far from a concrete application. Specifically of the brands and models, it is the iPhone that gains the most positions, obtaining a slice of 19.6% of the total, the largest portion ever for Apple.
IDC also recalls that, overall, 2023 will close a phase of decline for the smartphone market, with -3.5% and 1.16 billion devices shipped. However, this is a better forecast than the 4.7% decrease projected last year by the same agency. IDC expects the recovery to continue in 2024, with growth of 3.4%. If Apple grows, the Android world drops by 4.4%, retaining just over 80% of the market which should become 81.3% real at the end of the reference period. Also helping the consolidation of Android is Huawei, which is in the limelight in China, where its latest Mate 60 Pro proved to be a success. Following the embargo with the United States, the Chinese tech giant had to do without Google's services, such as the Play Store, working more on its own customization of Android and the availability of dedicated applications, through the App Gallery digital store. Global 5G smartphone shipments are expected to increase by 11% for 2023 and 20% in 2024. The percentage of 5G smartphones on the market is expected to increase from 61% in 2023 to 83% in 2027.


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Source: ansa

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