Global 5G smartphone shipment volume is estimated at 4.2 million units by 2019 and will not take off until 2021, according to the Taipei-based, government-backed IT research institute MIC (Market Intelligence & Consulting Institute). "This is attributed mainly to the fact that major countries around the world have set the year 2020 as their starting year of 5G commercialization," says Eddie Han, senior industry analyst with MIC.

5G Smartphone Components and Major Component Suppliers

Source: MIC, October 2018

"The enhancement in functions of 5G smartphones requires the increase in components and thus will bring business opportunities for suppliers of some components, particularly PAs (Power Amplifiers), baseband ICs, and antennas."

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About MIC

Market Intelligence & Consulting Institute (MIC), based in Taipei, Taiwan, was founded in 1987. MIC is Taiwan's premier IT industry research and consulting firm providing intelligence, in-depth analysis, and strategic consulting services on global IT product and technology trends, focusing on markets and industries in Asia-Pacific. MIC is part of the Institute for Information Industry.