ResearchAndMarkets.com has prepared a report and forecast for the 5G smartphone market. It examines the trends of the specified market and the reasons for the popularity of 5G smartphones.
In 2019, 12.42 million devices were sold in the world, capable of working in new generation cellular networks. In the first quarter of 2020, a sharp decline in the average selling price began, which continued in the second quarter. Analysts cite the COVID-19 pandemic as one of the main reasons. Another important reason for the decrease in the average selling price was the emergence of cheap models offered by Chinese manufacturers.
Analysts expect the market, which began to recover in the second half of 2020, to grow during the forecast period. From 2020 to 2027, it is expected to grow at a CAGR of 122.7%.
According to analysts, the younger generation of users is increasingly giving preference to content on demand, and the proliferation of 5G smartphones is giving them the ability to watch high-quality content on the go. In addition, with the rise of both the home and industrial IoTs, smartphones will play the role of personalized authentication devices to enhance security.
Another trend is the increase in the number of models of smartphones with multiple SIM cards, as manufacturers are promoting the ability to connect to two networks in smartphones. For example, Samsung supports dual SIM technology in the A51 5G smartphone, which was released in April 2020. This allows consumers to use their local SIM and SIM for roaming at the same time when traveling internationally.
Smartphones are to blame: Nikon and Panasonic have stopped the production of compact digital cameras. Fujifilm, Sony and Casio have done it before
Japanese companies Nikon and Panasonic have stopped making low-cost compact digital cameras and will now focus on more expensive mirrorless cameras.
The reason is partly due to smartphones, which are increasingly focusing on quality cameras. Global shipments of compact digital cameras are down 97% from 2008 to just 3.01 million units in 2021 as smartphone cameras get better and smarter.
Nikon has suspended the development of new compact models of its Coolpix line. Nikon currently only offers two models with quality lenses, but the company is “closely monitoring market trends” to determine future production volumes.
Nikon has already stopped making DSLRs to specialize in high-end single-lens mirrorless models. According to Nikkei Asia, the company will focus resources on mirrorless cameras, which have been made popular by more advanced digital technologies.
Panasonic Holdings “has not launched any new products in the price range below $370 since 2019 and has no plans to develop low-cost models in the future.” “We have stopped development of any new models that can be replaced by a smartphone,” a company spokesman said.
Going forward, Panasonic will produce high quality mirrorless cameras for photography enthusiasts. The company plans to launch a mirrorless camera with the German company Leica Camera.
Previously, Fujifilm stopped production of its FinePix compact cameras. Canon hasn’t released a new Ixy camera since 2017. The Sony Group has also not offered any new compact models under its Cyber-shot brand since 2019, and Casio Computer stopped making Exilim cameras in 2018.
Buyers of Nothing Phone (1) were deceived. Nothing urgently changed the characteristics of the smartphone on the official website
Introduced in July this year, the Nothing Phone (1) smartphone was quite actively discussed on the Web because of its original design and backlight. However, early adopters immediately began reporting screen problems and lagging LED strips.
Now it turned out that buyers of Nothing Phone (1) were deceived by information about the maximum brightness of the screen. According to official data, the maximum brightness of the Nothing Phone (1) screen is 1200 cd/m2but in almost all tests, the maximum screen brightness is less than 700 cd / m2. In some tests, it does not even rise to 650 cd / m2.
In response, Nothing Phone (1) stated that it would conduct an internal investigation. In addition, the company has changed the peak brightness on the official website settings page from 1200 nits to 700 cd/m.2.
Step aside, Geely! Electric car manufacturer Nio will also make smartphones
Nio, which is known in China for its electric vehicles, intends to develop a new market. They plan to develop and produce smartphones there.
On August 4, the manufacturer registered a division of Nio Mobile Technologies Co Ltd with a starting capital of $100 million. The division is headquartered in Shanghai and co-founders include Nio President Qin Lihong. According to media reports, the company is preparing the first smartphone in 2023, while it will be cheaper than the iPhone. Smartphones are expected to be released once a year.
In addition to smartphones, the new company will sell mobile devices, wearable electronics, hardware solutions for artificial intelligence and communication devices. There will also be software development.
By the way, earlier the Chinese car manufacturer Geely acquired Meizu to also enter the mobile electronics market.
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