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Routine Diary readers know that tech isn't our normal beat. Our colleague Jeff Brown will be familiar to our longtime readers.
In fact, he had several triple-digit returns in his Brownstone Research study portfolios in 2015. Here's what Jeff thinks the tech sector will bring us in 2021 Each year, I like to take a look at the huge photo and forecast what's just around the corner. Longtime readers of my work know that I follow the most amazing tech trends on the edge of mass adoption.
These patterns are experiencing rapid growth and producing extraordinary opportunities for financiers. I desire to make sure all our readers are gotten ready for what's next. And with that in mind, let me draw the picture of what I see being available in the next 12 months 1. 5G Gadgets Our brand-new 5G (fifth-generation) cordless networks are a subject I've been covering for years now.
Despite the fact that the COVID-19 pandemic disrupted supply chains last year, an impressive 250 million 5G-enabled gadgets were still sold. Specifically in the second quarter, there were supply chain disruptions, manufacturing hold-ups, and work interruptions. And all of this ultimately led to Apple delaying the release of the 5G-enabled i, Phone 12 by two months.
When you think about all of that, selling 250 million units is impressive. More importantly, the hold-ups brought on by the pandemic produced a lots of bottled-up need. Which need is now going to be pushed into 2021. In fact, I forecast that more than 500 million 5G devices will be shipped in 2021.
Stage 3 of 5G When I've spoken about 5G in the past, I have actually described its 3 different stages. In Phase One, the facilities of these new networks is developed 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 Three, 5G services start to be provided. That's when we start to see applications operating on 5G networks. Believe of things like massive multiplayer video games over a smart phone. That's not possible with 4G. It will be with 5G. And my 2nd 5G forecast for 2021 is that we will start Phase 3 by this summertime.
More and more customers will go out to buy a 5G phone to access these applications. 5G is going to open up a suite of extraordinary applications: self-driving cars, the Internet of Things, robotic surgical treatment, and more.
The financial investment chances going forward will be huge. CRISPR Genetic Modifying Stepping away from 5G, the next crucial technology I anticipate in 2021 is CRISPR genetic editing. It's one of the most amazing advancements in biotechnology.