Analysis: Global 5G Smartphone Sales, Wholesale ASP & Revenue Forecast by Technology to 2028
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Global 5G smartphone wholesale revenues will surge between 2019 and 2028. It is by far the fastest-growing sector of the smartphone industry for the next decade. We expect mmWave technology to reach 10% penetration of all 5G smartphones in 2023. The majority of sales volumes come from the North American market. Sub-6 GHz will remain the main 5G technology for the foreseeable future. Sub-6 GHz is also the main technology by value.
