Apple Is 5G Market Leader In The First Half Of 2021, Share Up 1.48%



The Wall Street Journal reported that Apple, Inc. (AAPL) is the early leader, capturing 28.3% of the 5G phone market in the first half of 2021 (as measured in shipments), according to International Data Corporation (IDC). Next is Guangdong Oppo Mobile Telecommunications Corp. with 14.4%, then Samsung Electronics Co., Ltd (SSNLF) at 13.9%, Vivo Mobile Communication Co. at 13.5%, and Xiaomi Corporation (XIACF) rounding out the top five at 11.2%.1

5G, is fundamentally changing the power structures of the global equipment and device industries. Equipment manufacturers, smartphone firms, and semiconductor companies are all trying to put their respective stamps on global 5G. Winning the race means potentially dominating for years. This competitive landscape exists across all facets of 5G and has companies across the globe trying to win.

The Journal report indicated the market for 5G smartphones is expected to grow from $161.4 billion in 2020 to $361.8 billion this year, per IDC estimates. It could then grow to an estimated $454.7 billion by 2025. Additionally, the Journal reported that 5G smartphone production is picking up. Mobile-phone chip giant Qualcomm Incorporated (QCOM) said that growing adoption could raise shipments of 5G phones to the upper end of its forecast for 2021 of 450 million to 550 million units.

Apple's early lead in 5G is at least partly attributable to the availability of many different 5G-capable iPhone models. Every iPhone 12 model and later ships ready for 5G. Customers looking for the latest and greatest have no choice other than 5G phones, whether it is Apple or another brand.

source: investorpedia