5G compatible smartphones will account for over 50% of smartphone sales revenue by 2025; rising to $337 billion from $108 billion in 2021, said a new study. According to Juniper Research, smartphone producers must ensure that their hardware maximizes the benefits of future mobile cloud computing solutions. Mobile cloud computing enables service providers to offload resource-intensive jobs to the cloud, freeing up on-device resources for device-critical operations.
The analysis anticipates that successful phone producers would incorporate radios capable of processing enormous bandwidths and ultra-low latency to ensure that handset users can make use of cloud computing services easily and affordably.
According to the survey, expanding the availability of lower-tier 5G smartphones is critical for spreading 5G device usage in emerging regions. By 2025, it projects, global Android smartphone prices will be 65 per cent lower than those of global iOS smartphones. Additionally, it emphasizes that Android's lower average cost will result in Android dominating 5G handset markets in places such as Latin America.
By contrast, the report anticipates that the ongoing popularity of iOS devices in developed economies would result in North America and Europe accounting for 40% of worldwide 5G smartphone revenue by 2025.
The analysis predicts that long-term 5G smartphone shipment revenue will be constrained by impending ‘right-to-repair' legislation in North America and Europe, as more mobile consumers opt to repair older models rather than upgrade.
According to research author Adam Wears, ‘the effect of these rules will be felt immediately as customers purchase 5G handsets to take advantage of the high speeds and low latency associated with 5G networks. Hardware makers must take advantage of this opportunity to expand device capabilities in order to keep users upgrading on a regular basis and avoid churn to competitors.'