5G smartphone shipment to grow 24% in 2022: IDC

Shipment of 5G smartphones is expected to grow 23.6 percent in 2022 and account for 54 percent of all shipments with 688 million devices and an ASP of $616.
Forecast on 5G smartphone growth in 2022Shipments of 5G smartphones will achieve significant growth as compared with a 6.5 percent drop in the total number of smartphones (3G, 4G and 5G phones) to 1.27 billion units in 2022.

5G is projected to reach a volume share of 79 percent in 2026 with an ASP of $444. In contrast, the 4G ASP will hit $176 in 2022, dropping to $106 by the end of the forecast period. As a result, the overall Smartphone ASP will decline from $413 in 2022 to $373 in 2026, IDC said.