Wednesday, June 26, 2024
-Advertisement-
Education Sabha
Education Sabha
Education Sabha
Education Sabha
HomeNewsTelecom5G handsets to account for over 50% of smartphone sales revenue by 2025

5G handsets to account for over 50% of smartphone sales revenue by 2025

Follow Tech Observer on Google News

5G compatible smartphones will account for over 50% of smartphone sales revenue by 2025; rising to $337 billion from $108 billion in 2021

Google News

compatible smartphones will account for over 50% of 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 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 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, β€˜the effect of these rules will be felt immediately as customers purchase 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.'

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Education Sabha
Education Sabha
Education Sabha
Education Sabha
- Advertisement -Education Sabha
- Advertisement -EmpowerFest 2024
- Advertisement -
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

STMicroelectronics launches eSIM for IoT to meet new GSMA standard

STMicroelectronics has announced the launch of the ST4SIM-300, one of the first embedded SIM (eSIM) to comply with the forthcoming GSMA standard for eSIM IoT deployment, known as SGP.32.

RELATED ARTICLES