iPhone 12’s 5G features help spur global smartphone sales

According to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, smartphone shipments are forecast to grow 13.9% year over year in the first quarter of 2021 and 5.5% for the full year 2021. 5G remains the driving factor in the industry, accelerated further by the success of Apple’s full 5G iPhone 12 line-up, according to the research group. 

IDC expects 5G smartphone shipments to account for more than 40% of global volume in 2021 and grow to 69% in 2025. Both factors have helped to increase the overall average selling price (ASP) for smartphones to $363 in 2021, up from $349 in IDC’s previous forecast. 

The research group says smartphone growth will be driven by continued recovery in demand and a supply-side push of 5G devices. The research group expects the global smartphone market to deliver a compound annual growth rate (CAGR) of 3.6% over the 2020-2025 forecast period.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the news editor of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.