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This IDC Market Perspective is meant to provide insight into our thinking regarding the top-line March update to the Worldwide Black Book ICT Spending Forecast for PCs, tablets, smartphones, and monitors. This is the culmination of dozens of analysts' research.

"In the span of a few weeks the story of COVID-19's impact on the 2020 device markets went from a predominantly supply-dampening one to one with significant demand worry," states Linn Huang, IDC research vice president of Devices and Displays. "That's what happens when we go from 99% of >75,000 cases being in China to 11% of >750,000 cases being at the first epicenter. How the remainder of the year plays out will largely depend on how soon the world can flatten the curve and stave off a potential global recession. At the moment, that inflection point remains uncertain."



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