This is an off-cycle updated version to factor the COVID-19 global pandemic situation, from the previous published version on March 5 2020. Strategy Analytics further lowered global handset, smartphone and feature phone sales volumes in this version. We expect global legitimate handset and smartphone sales volume will decline -17% YoY and -21% YoY annually in 2020 respectively. However, we expect handset and smartphone sales volume will rebound +10% YoY and +12% YoY in 2021 respectively. Both handset and smartphone market will start to regrow from 2021 mainly driven by economic recovery, 5G migration and new hardware innovations. Asia Pacific will remain the world's largest region. The "Big Five" countries globally will be China, India, the United States, Brazil and Indonesia by 2025. Emerging markets are outgrowing developed markets.