Release date: 30-09-2020SKU: MSG-GL-COVID19-004
MSG explores the top risks and opportunities impacting the electronics & semiconductors sector, owing to the prevalence of COVID-19.
COVID-19 significantly impacted the fundamentals of the electronics & semiconductors sector, such as business revenues, numerous corporate operations aspects, and customer behavior. Many operating companies have unclear prospects, strategic plans, and recovery plans. Multiple recovery models and developments are possible, depending on potential government interferences and other variables that are difficult to predict in the current market situations.
We are working on analyzing the short-to-medium-term outlook for electronics & semiconductors demand across the world. Our COVID-19 strategic insight reports are based on assumptions and factors, which are model on two of the nine scenarios that MSG developed for the COVID-19 recovery, globally. These strategic analysis reports focus on assuming that the Coronavirus spread is eventually controlled and shattering global/nation-wise economic damage is avoided.
Within the separate segments, a few trends stand out:
• PCs – This segment is estimated to witness the sharpest drop in demand and consumption, along with the performance gap, which will become more severe over time. It is seen a trend that the consumer prefers all the home-office electronics for remote work execution in 2020, dropping demand for next year. Meanwhile, companies may continue to postpone PCs' investments to control extra expenditures, even if the recovery is proceeding in the global market.
• Wired Communication – Development in this segment could surpass pre-COVID-19 estimates in both 2020 and 2021. This is one of the few significant parts where a late recovery would contribute to higher growth than the more optimistic scenario since continued remote work and homeschooling will stimulate demand for wired communication.
To read more about how we believe the electronics & semiconductors sector can manage the current pandemic scenarios, inqure about our report.
Key Issues Addressed
Considering the COVID-19 impact on the electronics & semiconductors industry is carried out through various lenses, and many critical issues identified in the COVID-19 impact strategic insight report include:
• Specific key trends have begun to accelerate due to the crisis, reshaping both demand and supply across industries
• Other trends that probably decelerate or halt due to the COVID crisis
• Trends that are essential before the pandemic and post-pandemic directions to shape the industry
• Key uncertainties and challenges that should be considered in strategy and business planning
• Detailed consideration of scenarios that compare the reach of the pandemic versus the industry impact arising from changes in end-consumer behavior
• A set of both recovery and thrive oriented actions for market participants and players
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