Iraq Smartphone Market Report 2021: Recovery is Expected in Market Revenues Post-2020, with the Gradual Opening of the Retail Sector and Restart of the Business Operations
Iraq Smartphone Market is projected to grow at a CAGR of 5.2% during 2020-2026F. The Iraq smartphone market witnessed moderate growth during the period 2016-2019 underpinned by decent growth in the mobile subscribers owing to the improving living standard of the population of Iraq. The increasing demand for smartphones by youngsters is the major driver for the smartphone market in Iraq. However, the outbreak of the COVID-19 pandemic brought a decline in market revenues during the year 2020 as a result of the supply chain disruptions caused by the closure of international borders, along with t...