The latest IDC prediction on the smartphone is painting an optimistic picture. Based on the gathered data, IDC is forecasting 1.38 billion smartphone shipments for 2021 which would be a 7.7% increase compared to last year and the highest total since 2015. The upward trend is also expected to continue into 2022 but with a more modest 3.8% annual growth.
IDC believes the wide-scale deployment of 5G networks paired with the lowered cost of 5G phones will lead to a triple-digit percentage increase in 5G phone shipments by the end of this year. China is expected to be the driving force…
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