With the help of the iPhone 12 series, the global smartphone market is expected to exceed US$400 billion this year « Naijatechnews

With the help of the iPhone 12 series, the global smartphone market is expected to exceed US$400 billion this year

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According to news on April 19, according to foreign media reports, before the launch of Apple’s first iPhone 12 series smartphones that support 5G network connections, analysts and research institutions generally expected that the iPhone 12 will bring a super cycle to Apple and increase its growth. iPhone shipments boosted Apple’s revenue.

Judging from the latest report of research institutions, the super update cycle brought by the iPhone 12 series will not only boost Apple’s revenue, but also boost the scale of the global smartphone market .

Research institutes said that driven by the iPhone 12’s super refresh cycle and 5G upgrades, global smartphone shipments will increase significantly this year, and the average price of smartphones will also increase, thereby boosting the global smartphone market.

Specifically, the research institute predicts that global smartphone shipments this year will increase by 7% year-on-year to 1.4 billion units , and the average price of smartphones will reach US$294 , a year-on-year increase of 6%. The revenue of the global smartphone market, It will increase by 13% year-on-year and is expected to exceed US$400 billion .

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