COVID-19 To Impact Consumer Smartphone Spending by More Than 30%

Due to the coronavirus outbreak, a lot of people have lost jobs
across different countries. This has affected their future income
uncertainty. As a result, consumer buying behavior will strictly
be limited to only the essentials.
 
In the latest episode, “The Counterpoint Podcast” host Peter
Richardson discusses the impact of COVID-19 on the consumer
spending pattern with senior analyst Pavel Naiya and associate
Arushi Chawla. In the podcast episode, Arushi talks about
smartphone markets in which we conducted the study and the key
findings. Pavel, on the other hand, sheds light on consumer
sentiments over buying smartphones from Chinese companies. He
also talks about how smartphone makers are coping up with the
demand when consumers cannot go to the store and buy
smartphones.

Read More - One in Every Three Smartphone Users Will
Cut Spending by 20% or More on Their Next Smartphone

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