Global smartphone sales to end-users declined 6.8% in the third quarter of 2021, compared to the same time period in 2020, according to Gartner, Inc. Component shortages disrupted production schedules, leading to lower inventory and delayed product availability, which eventually impacted sales to end-users.

The 5G smartphone market is now outperforming its predecessor generations on nearly every metric. Between the number of mobile devices, subscribers, and networks available at launch, 5G is the most accelerated mobile technology generation ever launched.

The smartphone is now a nearly ubiquitous consumer technology; almost 90 percent of consumers in developed countries own a smartphone, with an average of 2.5 smartphones in every U.S. households, according to latest Consumer Survey from GSMA Intelligence.

Shipments of mobile devices, including smartphones, tablets, and wearable cameras, with embedded machine vision technology, will increase from 45 million in 2018 to over 590 million in 2023, according to a new forecast by ABI Research. That amounts to a combined annual growth rate (CAGR) of 67 percent.

Worldwide smartphone shipments are expected to decline by 3 percent in 2018 before returning to low single-digit growth in 2019 and through 2022, according to International Data Corp. (IDC).

Mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023, according to a new study from Juniper Research. This is 17 times the $124 billion expected in 2018, as initiatives furthering secure remote payment transactions and more open biometric platforms proliferate.