Sl-No-6-1140x300

Affordable smartphone overshadows the smartphone shipments in Q2 2020

The coronavirus pandemic has spared no one in the last few months and especially the economic growth of companies and even countries but despite the hard-hitting pandemic smartphones have been continued to be sold through the second quarter of 2020.

According to a recent report from International Data Corporation (IDC) reveals that the consumers are buying smartphones from the mid-range segment which costs less than $400 or around INR 30,000 and the report also suggests that the mid to high-end segment will also see an upwards trend in coming months.

The report constitutes that the low-to-mid end segment which generally consists smartphone priced over $100 to a maximum of $400 has dominated the global smartphone shipment with a 60% market share this year which is expected to grow to 73% by the end of this year while the overall smartphone value is expected to go down from  $458.5 billion in 2019 to $422.4 billion in 2020 which is a 7.9% decline.

In price-sensitive markets basically Asia excluding Japan and China, Latin America, Middle Eastern countries, and Central Europe the budget smartphones have shown their dominance while in the United States of America smartphones under $200 which are considered as entry-level smartphones witnessed a rise of 27% in Q2.

Well, the digital schooling revolution or the school from home has given the much-needed push to the budget smartphones since parents are looking to save money but they can’t compromise with their offspring’s studies that pull them towards a budget smartphone which provides a better value proposition.

The IDC report also suggests that the Chinese companies dominated the sub $400 market in spite of the ongoing revolt against China but companies like Samsung and Apple have also done really well.

Apple’s latest offering the iPhone SE which is a mid-range smartphone has done exceptionally well and sold around 10 million units worldwide which confirms the trend.

The pandemic has surely hit the market but according to reports its reviving and people are cheaper phones according to their needs and budget but still, smartphones are selling.

Consumables-1000x240

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Electronics-1000x180

Related Articles

Marshall Major IV debuts with 80-hour battery life and Qi wireless charging

Marshall is back with its new Major IV headphones, and it borrows the same retro design from Marshall's design book and a...

Oppo A93 goes official in Vietnam before the global announcement

Oppo A93 was all set to arrive globally on October 6 but Vivo's Vietnam unit was unaware of it and they launched...

Two New Redmi Audio products set to launch on October 7

Xiaomi's sub-brand Redmi debuted in the Audio segment a few months ago with Earbuds S in the country and then later on...

Stay Connected

13,642FansLike
354FollowersFollow
81FollowersFollow
- Advertisement -Mobile-600x450

Hot Topics

The Best Smartphones of 2020

Smartphones have changed our lives and made them far easier. By using them, we are able to complete multiple tasks on-the-go, some...
TV-Appliances-600x450

Latest Articles

Samsung Exynos 9000’s to sport ARM Mali-G78 MP24

We already know that Samsung is looking to establish itself in the semiconductor market and has been trying very hard to make...

WhatsApp moves to consumer service strategy over running Advertisements

Facebook is the world's leader in the social media platform. The company owns its social media web portal Facebook and is also...

Tesla in talks with Maharashtra government to bring their EV’s into India

Tesla is the leading brand that manufactures Electric Vehicles and plans to revolutionize its cutting-edge innovations. Company's CEO Elon Musk announced earlier...

Intel Xeon road map 2020-2022 leaked

Intel is the semiconductor manufacturing market leader and has held the crown as the best for three decades. Recently, however, the company...

UFC 254: Khabib Nurmagomedov defeats Justin Gaethje and announces his retirement from MMA

UFC 254 featured a fight for lightweight royalty as dominant undefeated champ Khabib 'The Eagle' Nurmagomedov took on interim champ Justin 'The...
Home-Kitchen-600x450

Trending

How to watch Live TV channels for free on your Android TV

Android TVs are getting more and more popular these days as they give you the flexibility to choose your content by your...

Top 5 companies owned by Facebook Inc.

Facebook has been a game-changer in the social media industry. It was launched way back in 2004 by Mark Zuckerberg's Facebook Incorporation....

1xBet App Download Mobile APK for Android and iOS

Imagine the punter's paradise: place where odds are always high, girls are always hot, sports line is even wider then you can...

Top 8 AMD Ryzen 4000U powered Laptops in India 2020

This year, AMD has taken the world by storm with its new Ryzen 4000 APUs, introducing Zen 2 based on 7nm to...

Featured

Taiwan facing a shortage in iPhone 12 supply but will solve in two weeks

Apple introduced its first 5G enabled iPhone lineup i.e. iPhone 12 series on 13th October this month. This lineup includes four models...

Xiaomi is set to launch a foldable slider smartphone, dubbed as Mi Mix 4 with an external secondary display

As per the reports, Xiaomi is in the working to bring a foldable slider smartphone, named as the Xiaomi Mi Mix 4....

OnePlus 7T Pro now available for just ₹ 43,999 on Amazon Great Indian Festival

If you want to upgrade to a premium smartphone that is both fast and lag-free then you can opt for last year's...

Samsung Galaxy S21+ camera design and display renders leaked

After the launch of the Samsung Galaxy S20 series this year, there is a lot of news in the market regarding the...