The global 5G B2B smartphone market jumped 566% YoY in Q3 2021. The quarter recorded exceptional growth of BYOD devices in developed markets. A strong push by the industry, through reduced device prices and operator tariffs, further boosted the 5G smartphone market. The industry continues to advance 5G technology by providing use cases that go beyond fixed wireless access and enhanced mobile broadband. Key vendors, including Apple, Samsung, Huawei, Nokia and Google, are seeing 5G as an opportunity to bring mobile devices closer to the mobile workforce, with the implementation of vertical applications, IoT apps, Artificial Intelligence, Machine learning, AR, VR, and video conferencing.