IDC: 5G mobile phone will drive mobile phone shipments to exceed 1.7 billion

Recently, the latest forecast report
released by market research company IDC.
The report predicts that by 2022, global smartphone shipments are expected to exceed 1.
7 billion
.
The report believes that 2018 is not the best year for smartphones, but from 2019, global smartphone shipments will continue to grow
.

The report also pointed out that in 2017, global smartphone shipments fell by 0.
3%.

By 2018, the decline in global smartphone shipments will slow down and is estimated at 0.
2%.

However, the good news is that from 2019, shipments may no longer decline, but recover at an annual growth rate of 3
%.
By 2022, global smartphone shipments may exceed 1.
7 billion
.

IDC says one possible driver of this growth is the rollout
of 5G smartphones.
According to IDC's forecast, the first batch of 5G smartphones will be available in the second half of 2019, and by 2020, 5G mobile phone shipments may account for 7% of the total smartphone shipments (about 212 million units), and will account for 18%
by 2022.