Latin mobile phone market may drop by up to 15% in 2020, says IDC

Essential item in everyday life, especially in quarantine times, the cell phone the device that will suffer most from the crisis generated by coronavirus in the Latin American electronics market. According to the consultancy IDC, the drop in the sale of devices will be between 10% and 15% in 2020, a number quite different from the initial projection, which pointed to a drop of only 0.2% in the segment.

The decrease in the production capacity of factories worldwide is one of the reasons cited by Paola Soriano, director of the Consumer Program at IDC in Latin America. With less activity in the factories and no forecast of normalization due to the coronavirus pandemic, companies may have problems with distribution and demand for components. In Latin America, traffic restrictions also cause problems in the logistics chain of cell phones.

Dollar and coronavirus make forecasts for 2020 very uncertain

Dollar and coronavirus make forecasts for 2020 very uncertain

However, phones are not the only items to be affected. The projection also indicates that tablets will face a decrease of between 15% and 17%, while the PC market may fall by up to 8%.

The consumption of wearable devices, however, should show an increase, according to the IDC projection: between 15% and 19%, as well as domestic assistants, the boxes connected with a voice assistant, which has an estimated growth between 13% and 16% .