Online svmartphone sales hit record highs in 2020


Last updated on August 3rd, 2023 at 02:53 pm

Online smartphone sales hit record highs in 2020

Strategy Analytics predicts that online mobile phone sales will hit record highs this year, helped by the coronavirus.

smartphone sales

In the context of the pandemic, many telecom stores and retail outlets temporarily shut down, and consumers around the world were forced to self-isolate for weeks. This provoked an increase in traffic to all kinds of trading platforms on the Internet.

Strategy Analytics estimates that online smartphone sales accounted for approximately 24% of total smartphone sales last year. This year, it is predicted that the contribution of Internet channels will reach 28%. Thus, more than a quarter of all smartphones sold in 2020 will be purchased through online stores.It should also be noted that in general, the demand for smartphones has significantly decreased due to the spread of coronavirus infection. It is estimated that last year around 1.36 billion smart phones were shipped worldwide. This year, analysts predict , the pandemic will provoke a 15.4 percent drop in the market. As a result, shipments will drop to 1.15 billion units. 

Also Read:   ZTE V2020 5G smartphone presented with Dimensity 800 processor and Full HD + large screen for $ 210
Don’t forget to leave us a comment below and let us know what you think! Share Our Website for Technology News , Health News , Latest Smartphones , Mobiles , Games , LifeStyle , USA News & Much more...