BizSugar.com › News › VARINDIA 1.9 billion 5G smartphones will ship in the next five years - Canalys

At MWC Shanghai 2019, Canalys released its latest worldwide forecasts for 5G smartphones. We expect 5G-enabled handsets will reach nearly 800 million units in 2023, accounting for 51.4% of all smartphone shipments, passing 4G smartphones five years after 5G’s global commercial launch. The CAGR between 2019 and 2023 will be 179.9%, while vendors will ship nearly 1.9 billion devices to market by the end of 2023. Greater China will account for 34.0% of 5G smartphone shipments in 2023, followed by North America at 18.8% and Asia Pacific at 17.4%.