Home › European smartphone market to contract by over a quarter this year - IDC
 

Keywords :   


European smartphone market to contract by over a quarter this year - IDC

2020-04-16 10:28:00| Telecompaper Headlines

(Telecompaper) The value of the European smartphone market could as much as halve this year due to the economic recession, according to the latest estimates from IDC. Its most pessimistic estimate of the impact of the Covid-19 crisis is a 47 percent fall in the value of the market, while the most probable scenario is a 27 percent drop, the market researcher said. In November 2019 it was still forecasting growth of 2.7 percent this year. 

Tags: this year market contract

Category:Telecommunications

Latest from this category

All news
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »