CnTechPost CnTechPost
  • News
    • Tech Industry
    • Gadgets
    • Software
    • Cars
    • Software
  • Contact
  • About
  • CnEVPost

Home ยป Tech Industry

Global smartphone online sales to account for 28% of total sales in 2020

By Phate Zhang
Jul 20, 2020 at 1:06 PM UTC
0
0

Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost

Smartphone online retail channel sales will account for 28% of total global smartphone sales in 2020, up from 24% in 2019, according to a new research report from Strategy Analytics.

Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost

The new coronavirus outbreak is having a major impact on smartphone distribution - home isolation and social distance are forcing consumers to change their shopping habits and behaviors.

The global epidemic is rewriting the rules of smartphone sales as more and more businesses move online, the report says.

Boris Metodiev, associate director at Strategy Analytics, said the world's existing More than a quarter of all smartphones are sold online. During the epidemic, smartphone buyers have started buying online.

As global smartphone sales began to move online, online-only retailers (e.g., Amazon in the U.S., India's Flipkart and China's JD.com) have emerged as winners, Metodiev said.

Direct online sales from smartphone makers such as Apple's online marketplace will also see strong growth in mature markets, he added.

Strategy Analytics director Sui Qian said that companies such as UK-based Dixons' Smartphone retailers such as Carphone, which have a large number of brick-and-mortar stores, are not having a good time - due to the epidemic, they're Passenger traffic has plummeted and their sales and profits have been hit hard as a result.

Mobile operators such as AT&T in the United States and Telia in Sweden will also be negatively impacted, as most of them have been hit by the drop in traffic. Smartphone sales are in physical stores and rely on face-to-face interaction with sales reps.

Mobile operators selling smartphones may have to find another way and restructure or close many of their offline retail stores in the coming years, Sui Qian said.

More on Tech Industry

Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Chinese video platform iQIYI reportedly to lay off 20-40% of its workforce
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Xiaomi's MIUI surpasses 500 million monthly active users worldwide
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Education stocks soar with reports that China will resume after-school tutoring
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Huawei posts sales revenue of about $71.3 billion in first 3 quarters
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Luckin Coffee posts H1 net revenue of $492.9 million, up 106% year-on-year
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Alibaba unveils ARM server chip Yitian 710, boasting strongest performance in the industry
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Alibaba reportedly to release Arm server chip
Global smartphone online sales to account for 28% of total sales in 2020-CnTechPost
Futu, Tiger extend losses as Chinese securities regulator reportedly refine regulations
DataSmartphoneStrategy Analytics

Recent Posts

  • DeepSeek makes minor upgrades to its R1 reasoning model May 29, 2025
  • Chinese video platform iQIYI reportedly to lay off 20-40% of its workforce Dec 1, 2021
  • Xiaomi's MIUI surpasses 500 million monthly active users worldwide Nov 24, 2021
  • Education stocks soar with reports that China will resume after-school tutoring Nov 8, 2021
  • Huawei posts sales revenue of about $71.3 billion in first 3 quarters Oct 29, 2021
CnTechPost CnTechPost
CnTechPost.com
  • Home
  • Tech
  • Gadgets
  • Software
Subscribe
  • RSS Feed
About
  • About Us
  • Contact Us
  • Privacy Policy
Copyright ยฉ 2025 CnTechPost.