Trendforce: Smartphone market to grow in 2022, 47.5% of devices to have 5G

The calendar year is nearing its end, and analysts are already posting their predictions for the market performance in 2022. According to Trendforce, the industry will continue its rebound as the global economy returns to normal with the pandemic situation slowly getting under control.

Demand from emerging markets and the usual device replacement cycle will bring sales in 2022 to 1.39 billion, which will be a 3.8% yearly growth. Of them, 660 million will be 5G-enabled which is 47.5% of all devices.

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