5G is soon making its way into the world, with smartphone companies already selling 5G-based phones, the report of Counterpoint Research and Realme stated that, there is at least one out of every two smartphones sold globally by the end of 2022. These smartphones are expected to support 5G technology such as increased affordability, unique design, and performance drive acceptance.

The research titled, 'Making 5G Global: Accessibility for All', indicates that 5G technology is moving in faster than all the previous generations in the telecommunication and networking domain.

It stated that nearly one out of every three smartphones that were sold worldwide supported 5G during the first quarter of 2021, which is less than a year after the world's first commercial 5G network launched.

Although well established markets are already leading the way in 5G adoption, the report claims that it is most likely that even the emerging or new markets will also provide commercial 5G services.

Premium categories have generally dominated in the early adoption stages of past generations, according to the research, but 5G has introduced a new dynamic to the market.

On the other hand, there are numerous speculations about the technology bringing harm to human and environment health. Aside from those speculations there are also people who anticipate 5G phones to demonstrate how the new technology is a significant advancement over previous generations, notably through distinctive designs and feature sets.

According to the findings, young customers have a significant demand for slimmer, lighter, and more appealing designs, as well as increased functional features such as screens and battery capacity.

The research adds that "5G phones in the low-to-mid-range pricing ranges will account for roughly 40 percent of all 5G devices sold by 2020. With average selling prices (ASP) predicted to continue falling by double digits soon, one out of every two smartphones sold worldwide is predicted to enable 5G by the end of 2022”.

"It's good to discover that worldwide 5G adoption is progressively increasing, with developed areas seeing adoption levels approaching 80-90 percent and emerging economies poised to become the next significant growth driver of 5G”, said Realme CEO Sky Li.

"Realme believes that 5G smartphone development has entered the 2.0 age, with a more comprehensive 5G mobile experience progressively becoming the new standard”, says the company.

"We intend to expand our 5G products even further, providing a more enhanced 5G mobile experience not just through premium product standards, but also via more inventive designs”, said Madhav Sheth, Realme Vice-President and CEO (India and Europe).

Every generation of cellular technology has seen a new mix of competitors take the lead. Nokia was the leader in 3G, with Samsung taking control in 4G. The roster of players is becoming more diverse as we go ahead”, according to Peter Richardson, VP and Research Director at Counterpoint Research.