Worldwide smartphone revenues set for highest growth in six years Shutterstock

Worldwide smartphone revenues are set for a significant recovery in 2021, as pent-up demand, a wider macroeconomic improvement, and the wider availability of 5G networks and handsets, drive the market.

The smartphone sector has been hit by Covid-19 due to economic and production challenges that had caused supply issues and lowered demand. However, the easing of lockdown measures around the world has laid the foundations for a revival.