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The mmWave will Become Second Largest Smartphone Cellular Sub-technology by Revenue in 2023

by Ville-Petteri Ukonaho | Apr 20, 2022

  • mmWave revenues will surpass non-5G smartphone revenues in 2023
  • The wholesale ASP of mmWave devices is much higher than sub-6GHz 5G smartphones
  • The mmWave is still mainly used in North American market.
  • Apple is the leading mmWave device vendor as all its non-SE US variants support the technology

  • 5G is growing in nearly all regions but growth is slowing
  • 5G wholesale ASP is over 1.5 times higher than overall smartphone wholesale ASP
  • The 5G wholesale revenues surpassed non-5G revenues in 2021
Clients of our Device Technologies (EDT) service can learn more about technological evolution in different regions from the report Analysis : Global 5G Smartphone Wholesale ASP & Revenue Forecast to 2027.
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