
Although ongoing US-China trade tensions and global economic uncertainty are still dominating headlines, the report expects aggressive promotions and offers as well as the anticipation of 5G to steer the market back into positive territory. The researcher said 5G shipments are set to reach 8.9 percent of smartphones shipped in 2020, accounting for 123.5 million devices, before growing to 28.1 percent of worldwide smartphone shipments by 2023.
In terms of platforms, Android's smartphone dominance is set to increase to 87.0 percent in 2019 from 85.1 percent in 2018 mostly due to 5G launches and expedited inventory cleanup of older devices, with iOS accounting for the remaining 13.0 percent on shipments of 177.9 million, down 14.8 percent year on year, due to market maturity as well as a lack of 5G devices.