Strategy Analytics lowered its Global Business Smartphone forecast because of the expected global economic slowdown due to the Coronavirus disease (COVID-19). Chinese manufacturers such as Huawei, ZTE, TCL and many others have taken a hit, and Apple has been the most severely impacted as supply of iPhone11 series has reportedly run dry, along with some other models. Strategy Analytics predicts business smartphone sales will grow at a compound annual growth rate (CAGR) of 3.5% over the 2020-2025 forecast period. We expects OEMs will ship 12% fewer smartphones to Enterprises in 2020.

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