The stark decline after a year of growth in 2019 was the result of reduced supply due to the outbreak of Covid-19 in China, the world's largest supplier of PCs.
The industry’s overall shift toward global software-centric networks and operations is taking a hit as a result of the current bleak global economic outlook and Covid-19, according to analyst firm ABI Research.
A new report from telecom metrics firm Opensignal showed that Filipino mobile users spent the highest average time on WiFi in Asia during a period when most countries in the region went on a lockdown to contain the Covid-19 pandemic.
Worldwide IT spending is now expected to decline 2.7% in constant currency terms this year as Covid-19 impacts the global economy and forces many organizations around the world to respond with contingency planning and spending cuts in the short term.
A global emphasis on working from home combined with advice to minimize Covid-19 transmission from shared surfaces even within a home, will help cement the benefits of smart home voice control for millions of consumers.
The need for physical distancing and sheltering in home during the Covid-19 pandemic could accelerate the adoption of cloud gaming services among new gamers who are looking for additional sources of entertainment.
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.
