Global spending on PCs, tablets, phones falls $122 billion in past two years: Report, ET Telecom

As per the report, smartphone, laptop, and desktop PC sales revenues are projected to recover in 2023 with the exception of the tablets segment which keeps trailing behind recovery.

NEW DELHI: The global spending on IT devices, including PCs, tablets and mobile phones has declined by a massive $122 billion in the past two years, falling from $807 billion to an expected $685 billion in 2023, according to a report released by CasinosEnLigne on Wednesday. As per the report, smartphone, laptop, and desktop PC sales revenues are projected to recover in 2023 with the exception of the tablets segment which keeps trailing behind recovery. According to the data by CasinosEnLigne, the revenue in the global tablets market is expected to drop by 4% year-over-year to $54.9 billion in 2023, with the declining trend expected to continue for a third consecutive year in 2024, and revenue falling by another 2% to $53.7 billion.