The coronavirus outbreak is expected to lead to a huge reduction in the production of smartphones, potentially falling by as much as 30% in the first half of 2020.
The impact of coronavirus is both global and unpredictable, and the supply chain shock it is causing will most definitely and substantially cut into the worldwide manufacturing revenue of $15 trillion currently forecast for 2020 by tech market advisory firm ABI Research.
But Opensignal said it’s possible to buck the GDP and population density trend, indicating that countries that implement their mobile networks shrewdly can rise up the international rankings.
Consumers across six key markets in the Southeast Asian region, which includes the Philippines, snapped up 97 million smartphone units worth an estimated $23 billion in 2019.
The gender gap in mobile Internet usage remains substantial, with over 300 million fewer women than men accessing the Internet from a mobile device in low- and middle-income countries.
eSIM smartphone growth continues its upward trajectory, and 2020 will prove another positive year as Samsung becomes the latest OEM to boost the eSIM market.
Although the Covid-19 outbreak has had only a minimal impact on the video surveillance market so far, the industry still faces a risk from falling demand and a potential production bottleneck spurred by labor and component shortages in China, according to research firm Omdia.
A new survey has found that while capital requirements remain the top concern of local startup founders, the main challenge has shifted from funding to sustaining a viable business model.
