Smartphone market suffers “the worst decline ever” in Q1 2020 due to Covid-19

The smartphone market witnessed its largest year-over-year decline in Quarter 1 of 2020 with smartphone shipments across the globe, taking a hit owing to the Covid-19 pandemic.

According to IDC’s Quarterly Mobile Phone Tracker, smartphone makers shipped 275.8 million devices in Q1 2020, an 11.7 per cent drop from the same period last year.

Canalys’ however, pegged the worldwide decrease in shipments in Q1 at 13 per cent from last year.

Strategy Analytics released a similar report stating that South Korean electronics giant Samsung despite the global decline was remaining steady in the market at over 21 per cent market share remaining the world’s top smartphone brand.