Global tablet shipments started to decline due to the component shortage. In 2022, with the component shortage easing, global tablet shipments are projected to increase 1.3% from the 2021 level.

With COVID-19 becoming like the seasonal flu and having diminishing influence, Digitimes Research expects smartphone shipments to grow between 4-7% annually over the next five years, driven by smartphone users upgrading to 5G phones and feature phone users switching to low-cost smartphones in emerging markets.

Global notebook shipments are expected to come to 236 million units in 2021, once again setting a new record in history. However, the year-over-year growth will fall short of the prior year level but will still be in the two-digit range.

Large datacenter demand will remain the main growth driver for server shipments 2021 through 2026. On top of that, 5G white-box telecom datacenter demand will also spur some growth. Along with IC and component supply gradually returning to normal levels, global server shipments are projected to grow at a CAGR of 6.9%.

Although global notebook demand will decelerate in 2022 and 2023, their shipments will regain momentum starting 2024, while the global smartphone market is expected to enjoy shipment growth every year from 2022-2026. Global tablet shipments will see a moderate growth in 2021, but will shrink in each of the next five years starting 2022.

China's top-3 wafer foundries enjoyed an over 20% on-year growth in their combined revenues in 2020 and the amount is expected to increase further in 2021.

Digitimes Research expects the global EV penetration rate to exceed 20% by 2025 and global EV sales to grow at a CAGR of 40% 2020 through 2025.

The first-half 2021 shipments are expected to come to 650 million units while whole-year 2021 shipments are estimated to arrive at 1.32 billion units, up 6.4% from the prior year.