The global smartphone is expected to reach record shipments in 2021, with the IDC predicting shipment numbers of nearly 1.38 billion units for the year, growing 7.7% when compared to 2020. The market’s growth is predicted to continue growing in 2022 at 3.8% YoY. Driving this growth is the increasing pace of adoption of 5G capable smartphones as 5G networks begin to deploy around the world.