Future Prospects of Global Laboratory Proficiency Testing Market

A smartphone is a mobile phone with advanced features and capabilities in addition to standard functions such as texting and making phone calls. Users using fifth-generation smartphones may connect to high-speed networks and have a better data-transfer experience. Furthermore, 5G devices offer high bandwidth and low latency, which can improve user experience in areas such as online video streaming and seamless video calling, as well as virtual and augmented reality gaming. During the projected period, the availability of 5G smartphones with reduced power consumption is likely to fuel market growth. Furthermore, rising disposable income and the adoption of IoT-connected devices are likely to propel market expansion throughout the forecast period.
The Impact of the Covid-19 Pandemic
on the 5G Smartphone Market
COVID-19 has
infected people in a number of countries, prompting governments to impose a
nationwide lockdown to prevent the sickness from spreading. The epidemic has
also hampered the growth
of the 5G smartphone Market. The COVID-19 pandemic is likely to have an
influence on the market for electronics equipment, including consumer and
industrial electronics. China is a key source of raw materials used in the
production of electrical devices and finished goods. China's exports have
dropped roughly 17% in the first two months of 2020 compared to the same period
last year, according to figures issued by the Chinese customs agency. The
electronics industry had been hit hard by production cuts, supply disruptions,
and price swings. According to, unit shipments decreased by 15.5 percent year
over year, from 335.8 million in 2019 to 269.7 million in 2020. Sales of
electronics businesses have decreased as a result of COVID-19, resulting in a
decrease in manufacturing and demand for 5G smartphones.
5G Smartphone Market |
The android sector is predicted to
drive market growth throughout the projection period, based on operating system
Because of
the low cost, ease of use, long-lasting battery, and other benefits of
android-enabled 5G smartphones, the android segment is likely to keep a leading
position in the global 5G
smartphone market during the projection period. These devices have a
higher favour among consumers due to their ease of use and lighter weight.
Furthermore, the latest Android mobile devices can multitask and have sensors
and fingerprint security capabilities, giving them an advantage over other
operating systems. Various free programmes, such as Whatsapp, Netflix, and
others, are also included with Android 5G handsets.
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