Global 5G Smartphone Wholesale ASP & Revenue Forecast by Technology to 2028
Global 5G smartphone wholesale revenues will surge between 2019 and 2028. It is by far the fastest-growing sector of the smartphone industry for the next decade. We expect mmWave technology to reach 10% penetration of all 5G smartphones in 2023. The majority of sales volumes come from the North American market. Sub-6 GHz will remain the main 5G technology for the foreseeable future. We forecast 5G smartphone volumes, wholesale ASPs, and revenues from 2018 through 2026 with regional breakdowns as well as a breakdown between the two major technologies. All major regions are forecasted in the report, including North America, Central and Latin America, Western Europe, Central and Eastern Europe, Asia-Pacific, and Africa Middle East. The report is a valuable tool for handset vendors, component makers, software developers, operators, and other stakeholders to support their high-growth 5G planning activities.
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