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Led by China, 5G phones to dominate market in 2023: Canalys
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A man holds a 5G smartphone to illustrate the concept of 5G high-speed mobile Internet. (Shutterstock/Marko Aliaksandr)
Research firm Canalys revealed forecasts on Monday that 5G phones will outsell the currently ubiquitous 4G variety in 2023.
Up to 800 million 5G-enabled handsets are predicted to reach the market in 2023, making up 51.4 percent of all smartphones shipped.
Eventually after five years since its initial launch, 5G smartphones is expected to outnumber 4G phones.
So far, according to cnet, the only 5G-enabled phones available are the Galaxy S10 5G, LG V50 ThinQ, OnePlus 7 Pro, Oppo Reno 5G and Motorola's Moto Z4 with the 5G Moto mod.
Furthermore, Canalys predicts China will lead the charge to 5G adoption for all phones, as a result of the cooperation between the government and tech companies based in the country.
Read also: 5G technology coming to Indonesia sooner than you think
Nicole Peng, vice president of mobility at Canalys, said in a statement that regardless of mass market adoption of 5G smartphones, full deployment of 5G will require much more time.
“[Full 5G deployment will] be much more complex than the previous network generation, in order to realize the benefits of 5G beyond eMBB [enhanced Mobile Broadband],” said Peng. (nic/mut)
