5G smartphones will exceed sales revenue by 50% in 2025

According to a study by Juniper Research, 5G-compatible smartphones will account for more than 50% of smartphone sales revenue in 2025, an increase of $337 billion from $108 billion in 2021.

Study urges mobile phone vendors to ensure that hardware maximizes the benefits of future mobile phone solutions. mobile cloud computing. Mobile cloud computing allows service providers to offload intensive tasks to the cloud, freeing up resources on the device for essential device processes.

The study predicts that successful mobile phone providers will include technology capable of processing large bandwidths and one ultra low latency to ensure that phone users can use cloud computing services efficiently, while remaining price competitive.

Juniper Research predicts that prices of Android smartphones worldwide will be 65% lower than those of iOS smartphones. It also highlights that this lower average cost of Android devices will lead to Android dominating the 5G phone markets in regions such as Latin America.

In contrast, the study highlights that the enduring popularity of iOS devices in developed markets will mean that 40% of global 5G smartphone revenue will be attributable to North America and Europe by 2025.

The report warns that long-term 5G smartphone sales revenue will be limited by the imminent legislation on the “right to repair” in North America and Europe, as more mobile phone users will choose to repair older models rather than upgrade to new generation devices.

Adam Wears, who led this study,” highlights that “the effect of these laws will not be noticeable initially, as consumers adopt 5G smartphones to take advantage of the high speeds and reduced latency of 5G networks. “Hardware vendors should take this opportunity to build new device capabilities to encourage consumers to continue upgrading regularly and prevent them from switching to competitors.”