According to IDC, the EMEA smartphone market is set to contract by nearly -25% Y-o-Y in revenue terms to reach below $19 billion in Q2 2020, the smallest quarterly total across the region in 5 years.
"This will be the biggest fall in a single quarter the market has seen since IDC started tracking the region 14 years ago," the analyst says "The deepest drop up to now was the -13.0% -Y-o-Y drop in value in Q3 2009 during the financial crisis."