Global Major Mobile Phone Vendor Performance: A 2-Quarter 2020 Market Report

Google Pixel 4A 5G

The following report of the global digital music market focuses on the industry size, demand, share, global trend, growth, top contenders, business statistics, and business methodology forecasting the rest of the remaining two quarters of 2020

Highlights:

  • The 2020 Global Major Mobile Phone Vendor Performance is a market research report that contains the most comprehensive and in-depth analysis of sales in the mobile phone industry in the world in the first two quarters of 2020.
  • It has been published by Market Intelligence & Consulting Institute, a MIC based in Taipei, Taiwan and extends over 20 pages. It currently retails for $2000.
  • The report talks about how the global mobile phone market distribution dipped 19.5% successively in the first business quarter of 2020, and the industry is expected to continue sequential expansion into the third quarter.

 

The 2020 Global Major Mobile Phone Vendor Performance is a market research report that contains the most comprehensive and in-depth analysis of sales in the mobile phone industry in the world. Data sets of the first two business quarters of 2020 were collected in the survey leading up to this report and it attempts at predicting the trend that will follow the rest of 2020 due to the pulsating impact of COVID-19 on the industry.

It has been published by Market Intelligence & Consulting Institute, a MIC based in Taipei, Taiwan and extends over 20 pages. It currently retails for $2000.

The report talks about how the global mobile phone market distribution dipped 19.5% successively in the first business quarter of 2020, gaining just 339.6 million units. 278.7 million of the total mobile phones shipped during the same quarter were smartphones, a fallback by 17.6% year-on-year. The crucial decline was mainly due to city lockdowns due to the COVID-19 pandemic that caused production suspension of supply chains throughout February-March and ground the world to a halt in 2020. It in turn affected the expected growth momentum that was originally predicted from the announcement of 5G smartphones. The disruption of plans did not live up to goals and yanked the industry’s shipments down. 

The shipment quantity of the global smartphone industry is perceived to have surpassed 260.3 million units in the second quarter of 2020. However, the industry is expected to continue sequential expansion into the third quarter as smartphone demand from Europe and China seems to be coming back to slightly below the normal demand volume.

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