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Routine Diary readers understand that tech isn't our normal beat. Our coworker Jeff Brown will be familiar to our longtime readers.
In truth, he had several triple-digit returns in his Brownstone Research portfolios in 2015. Here's what Jeff thinks the tech sector will bring us in 2021 Each year, I like to have a look at the huge photo and anticipate what's simply around the corner. Long time readers of my work understand that I follow the most exciting tech trends on the brink of mass adoption.
These trends are experiencing exponential development and developing unbelievable opportunities for financiers. I want to make sure all our readers are prepared for what's next. And with that in mind, let me draw the photo of what I see being available in the next 12 months 1. 5G Devices Our brand-new 5G (fifth-generation) cordless networks are a topic I have actually been covering for years now.
Even though the COVID-19 pandemic interfered with supply chains last year, an outstanding 250 million 5G-enabled devices were still sold. Particularly in the second quarter, there were supply chain disruptions, producing hold-ups, and work blockages. And all of this ultimately caused Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
When you consider all of that, selling 250 million units is remarkable. More importantly, the hold-ups triggered by the pandemic produced a lots of bottled-up demand. Which demand is now going to be pressed into 2021. In reality, I forecast that more than 500 million 5G devices will be delivered in 2021.
Phase 3 of 5G When I've talked about 5G in the past, I've described its 3 various phases. In Stage One, the facilities of these new networks is built out, consisting of all the brand-new towers and fiber-optic electrical wiring that 5G will require. In Phase Two, 5G gadgets go on sale.
And in Phase 3, 5G services start to be used. That's when we start to see applications running on 5G networks. And my 2nd 5G forecast for 2021 is that we will start Stage 3 by this summertime.
More and more consumers will go out to buy a 5G phone to access these applications. 5G is going to open up a suite of amazing applications: self-driving cars and trucks, the Internet of Things, robotic surgery, and more.
The investment chances moving forward will be huge. 3. CRISPR Genetic Editing Stepping away from 5G, the next important innovation I visualize in 2021 is CRISPR genetic editing. CRISPR stands for "clustered frequently interspaced brief palindromic repeat." It's a mouthful. However it's one of the most interesting advancements in biotechnology.