idc smartphone market expected to decline by 106 in h1 2020

The detrimental effects of the Coronavirus on the smartphone market will be felt throughout the year and as per the latest IDC projections could lead to a 10.6% decline in shipments for the first half of 2020. On a more long-term basis, the epidemic is expected to result in a 2.3% decline in global shipments for the entire calendar year. The market was supposed to see growth this year based on early estimates before the outbreak but the situation in the last month forced a re-evaluation of the previous estimates.

The main problems for smartphone manufacturers right now are the…