CTA: US sales of 5G smartphones will generate $1 billion in 2019
US sales of 5G smartphones will generate $1 billion revenue in 2019, according to a Consumer Technology Association (CTA) forecast.
The analysis predicts around 2.1 million 5G smartphones will be sold this year. By 2022, the CTA expects 76 percent of all smartphones purchased in the US will be 5G-enabled.
Steve Koenig, Vice President of Market Research at CTA, said:
“The future is bright for many tech products consumers already know and love, as stalwart revenue drivers including...