TECH SUPPLIER Apr 2020 - Market Perspective - Doc # US46180020
Scenario Assessment of COVID-19 Impact on Global Device Markets — March Update
By: Linn HuangResearch Vice President, Devices & Displays, Tom MainelliGroup Vice President, Device & Consumer Research, Ryan ReithProgram Vice President, Worldwide Mobile Device Trackers, Jay ChouResearch Manager, Worldwide Client Devices Tracker, Jitesh UbraniResearch Manager, Worldwide Mobile Device Trackers
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."