The The Galaxy S10 5G, which Samsung released in 2019, was the world’s first 5G phone. Huawei soon followed The Mate 20 X 5G and the early adoption of the next generation of wireless technology gave the two a head start, enabling them to capture the lion’s share of the market. Apple is yet to release one 5G phone, however The iPhone 12 series is only a few months away now, and a new report says it will be a force to be expected for competing devices.
According to Strategy analysis, a total of 234 million 5G-enabled smartphones will be sold this year, which represents 15 percent of total sales. By comparison, only 18.6 million 5G-ready smartphones were delivered in 2019, so sales are on the rise 12 times.
In the first quarter of 2020, Samsung reportedly stated dominated the global 5G smartphone market with sales of 8.3 million units, giving it a market share of 34 percent. It was followed by Huawei, which sold 8 million 5G phones, giving it 33.2 percent of the market.
IN THE U.S, The Galaxy S20 trio accounted for 94 percent of 5G sales of smartphones during the first quarter of the year. Year 2019 The Galaxy Note 10 Plus 5G was the most popular 5G phone in the country.
Samsung is so close to losing its 5G faith
During the second half of 2020, the picture may change completely. Huawi’s market share has dropped to 27.3 percent, but that would be enough to make it the top player. As the rest of the world has somehow been shut down by Huawei phones, the company has stepped up its efforts in its home country of China, which happens to be one of the world’s largest smartphone markets and local sales will mainly be behind its deliveries.
Apple is expected to be the second top seller of 5G phones in H2 2020 with a 21.4 percent share. Samsung is likely to slide down to the third position with 17.8 percent of the market.
Per the strategy analysis, Apple will cut Huawei to become the top 5G smartphone vendor in 2021 due to strong demand from the US and Europe and the expansion of 5G networks.
The 5G smartphone market is expected to reach 600 million units next year, with Apple making 24.2 percent of sales. It will probably be followed by Huawei with 22.2 percent of the market. Samsung’s share will apparently be reduced to 15.1 percent, far from where it currently stands.
Samsung’s affordable 5G phones would be of little help in developing regions
Samsung has aggressively tried to expand its 5G portfolio improve accessibility. But affordable 5G phones are not good in regions where 5G services are not available and according to the report, Samsung could only bounce back when 5G networks are distributed in developed countries such as India and Indonesia.
The economic backlash driven by the pandemic can be a major deterrent and undermine 5G plans in emerging economies.