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| Report: Smartphone shipments will drop 10.7% in 2020 |
The latest report from market research firm Canalys shows that due to the novel coronavirus (COVID-19) outbreak, smartphone shipments are expected to decrease by 10.7% in 2020.
According to the Canalis report, the adoption of 5G mobile phones is increasing. The company expects to ship 280 million 5G cell phones by 2020, and the Chinese market will account for the largest share of these shipments, at 62%. Thanks to cheap phones such as: (Realme V3) Realme V3, its price does not exceed $ 150. This is an exceptional price for products that support 5G networks.
The North American market is ranked second with around 15% of shipments, while the market (Europe, the Middle East and Africa) and the Asia-Pacific countries (excluding Greater China) are both expected to account for around 11%. There are rumors that the upcoming iPhone 12, which will support 5G technology, will also help accelerate adoption at its launch next month.
Analyst Ben Stanton said in a statement, “Smartphone manufacturers have relentlessly pushed to launch new products and online marketing and sales after the shutdown, which has resulted in increased consumer interest. Consumers for the latest devices. The improvement most markets need to enter the second half of 2020. '
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5G is expected to have a positive impact on the industry, but the plan will soon be hampered by the pandemic. However, 5G is believed to have played a role in preventing another drop in sales. By 2021, this number is expected to recover with an increase of 9.9% from the previous year. This isn't enough to bring things back to pre-2020 levels, but it will be a welcome sign for an industry that has been showing signs of declining for some time.