IDC: the epidemic may cause the global smartphone market to shrink by 2.3percent this year

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 IDC: the epidemic may cause the global smartphone market to shrink by 2.3percent this year


Sangeetika Srivastava, a senior research analyst at IDC global mobile device tracking report, said in a statement: the coronavirus epidemic has become another reason to continue the current shrinking trend of the smartphone market, which has inhibited the growth of shipments in the first half of this year. In addition to the Chinese market, other major regions will also be impacted by supply chain disruption.

Srivastava added that problems such as plant closures, forced quarantine and travel restrictions would make it difficult for suppliers to manufacture and deliver equipment. With the expected improvement of the situation around the outbreak and the development of 5g, it is expected that the situation will start to improve in the third quarter.

Consumers will buy mobile phones through online channels, which will significantly increase mobile phone sales in the first half of 2020 and may represent a permanent shift in purchasing behavior, IDC said (small)