FRAMINGHAM, Mass. August 27, 2020 — The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracke r. While the second quarter of 2020 (2Q20) resulted in slightly better than expected numbers, the market was still down 17% year over year with visible signs of economic concerns. On a positive note, IDC expects the smartphone market will return to a full recovery by 2022, and will achieve a compound annual growth rate (CAGR) of 1.7% over the five year forecast, largely driven by the assumption that smartphones will continue to be the computing platform of choice for most of the world.
https://i0.wp.com/mtgelectronics.com/wp-content/uploads/2020/08/og-image-1200x630-2.jpg?fit=1200%2C630&ssl=1 630 1200 admin https://mtgelectronics.com/wp-content/uploads/2020/07/MTG-logo-for-site-300x100-1.png admin2020-08-28 10:12:252020-08-28 10:14:48Global Smartphone Shipments Expected to Drop Nearly 10% in 2020
- Electrified Vehicles: The Race to Mass AdoptionJanuary 21, 2021 - 5:02 pm
- CRL Announces Strain Sensor for Curved Mounting SurfacesJanuary 20, 2021 - 1:05 pm
- Murata Announced Completion of New Raw Ceramic Manufacturing Plant January 20, 2021 - 10:31 am
- Romanian government approves Naval Strike Missile buy from RaytheonJanuary 16, 2021 - 11:38 am