New Delhi, April 16: The 5G smartphone shipments are expected to grow a whopping 255 per cent by 2021, almost reaching 110 million units, a new report said on Tuesday.
According to Counterpoint Research, while the growth will be slow during the initial commercialisation phase in 2019, there will be an uptick in sales once countries shift from non-standalone to standalone 5G infrastructure.
"We also expect 5G chips to have a higher price point which will initially drive the cost of devices up. 5G capable devices will be premium only in the beginning. Also only a handful of countries will be deploying the first 5G infrastructure," Research Director Tom Kang said in a statement.
The US, Korea, China and Japan will be key markets for 5G infrastructure development and growth of smartphone sales.
"We are seeing some great initial developments happening in the US, South Korea, China, and Japan and expect growth to be concentrated in these countries due to their big roll-out plans for 5G starting in 2019," said Research Analyst Maurice Klaehne.
Other countries, especially in Europe, are more likely to leapfrog to standalone 5G as they will want to wait for concrete business cases to arise, before fully committing to the transition.
The overall handset market will slow to a CAGR of 1-2 per cent from 2018-2021 due to market saturation and product innovations that are not spurring growth.
"5G devices will begin gaining in share in the market, but overall transition to 5G could be slow and steady. Once we establish better 5G business cases and infrastructure, the market will begin seeing higher sales overall," noted Research Director Peter Richardson.
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Shreyas Iyer wins ICC Men's Player of the Month award
Dubai (PTI): Stylish Indian batter Shreyas Iyer on Tuesday secured the ICC Men's Player of the Month award for March after playing a stellar role in India's Champions Trophy triumph.
Iyer finished as the highest run-scorer with 243 runs during the ODI event to win the honour, overcoming competition from New Zealand’s Jacob Duffy and Rachin Ravindra.
"I’m truly honored to be named the ICC Men’s Player of the Month for March. This recognition is incredibly special, especially in a month where we lifted the ICC Champions Trophy — a moment I will cherish forever," Iyer said in an ICC release.
"Being able to contribute to India’s success on such a big stage is something every cricketer dreams of. I’m grateful to my teammates, coaches, and support staff for their unwavering support and belief.
"A heartfelt thank you to the fans as well — your energy and encouragement keep us going every step of the way."
India thus won the award back-to-back, with Shubman Gill winning the honour for February.
Iyer helped India progress through the middle overs with his masterful stroke-play and his knack for anchoring the innings and forging crucial partnerships played a vital role in steering his side through a victorious campaign.
The 30-year-old scored 172 runs across three matches in March, averaging 57.33, with a modest strike rate of 77.47, which included some spectacular knocks.
Iyer scored 79 off 98 balls which included 4 fours and 2 sixes in a win against New Zealand in a Group A fixture of the Champions Trophy, an innings that gave India a competitive total of 250 in the first innings on a tricky pitch.
He scored 45 off 62 balls to assist in India’s victorious chase over Australia in the semi-finals and finished his tournament with a clinical 48 off 62 balls as India sealed victory over New Zealand in the summit clash.
