Chart of the Day: The 5G element

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In a first, 5G will make up majority of smartphone shipments

This year, for the first time, 5G phones will make up the majority, or?56%, of smartphone shipments worldwide. By the end of 2026, their share will grow to?76%. As 5G phones become ubiquitous, their average selling price will decrease by?$168?over the next four years.

Beyond the chart:?In 2019, there were just?10 million?5G mobile connections worldwide, per CCS Insight. By the end of 2026, that figure will have surged to?4.51 billion. As 5G networks expand, 3G and 4G smartphones will become more affordable, and likely more accessible in regions that lack substantial 5G infrastructure.

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