Fast Charging Smartphones Compose 80% of Global Sales

As new and improved tech makes its way to consumers around the world, this tech rapidly starts to turn into a must-have for any consumers that are thinking of buying something that is within that niche. In the first quarter of 2023, 80% of the global smartphone units that were shipped had fast charging applications, which represents a 7 point increase year over year.

Back in 2022, this proportion sat at around 73%. In 2018, just 29% of all the smartphones sold in the world had fast charging capabilities. This seems to suggest that this is becoming an even better requirement than might have been the case otherwise.

With all of that having been said and now out of the way, it is important to note that the level of power offered by these fast charging devices is also going up. In the first quarter of 2022, these devices were capable of providing 30 watts of power on average. By the first quarter of 2023, this average had gone up to 34 watts with all things having been considered and taken into account.

One thing that bears mentioning here is that people tend to use their smartphones upwards of 5 hours a day. Fast charging is therefore essential because of the fact that this is the sort of thing that could potentially end up keeping them connected to their friends and family.

China appears to be leading the charge here, with the East Asian nation playing a role in standardizing fast charging tech. Other Western corporations may be forced to follow suit, otherwise they will give way to China’s dominance which is starting to seem more and more unassailable as the years go by.

5G connectivity and smartphone gaming are just two of the things that are draining smartphone batteries more quickly, and consumers will require fast charging to compensate for that. Larger batteries and more efficient chipsets could also play a tremendous role here, and it will be interesting to see which of these options ends up becoming more prevalent as smartphones continue to up their energy consumption in the future.

H/T: Counterpointresearch

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