More than 106 million 5G smartphones are expected to ship in 2021, and overall tech industry sales will reach $487 billion in 2021, according to the Consumer Technology Association, the trade group that puts on the CES trade show.
The 5G smartphone sales will generate $61 billion in revenue (up 404%), and shipments will be up 530% from 2020 as the big carriers promote their networks with deep phone discounts, said Rick Kowalski, director of industry analysis and business intelligence at the CTA, in an interview with VentureBeat.

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