Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Smartwatches remained the fastest-growing category, recording 178 per cent YoY growth while earwear accounted for 67.3 per cent of the overall wearables category
The forecast for worldwide tablet shipments has also been lowered to 158 million units, a 6.2 per cent decline compared to 2021, according to a new IDC report
Japan grew in the high single digits, while Western Europe grew in the low single digits
India's wearable market grew 93.8 per cent year-on-year (YoY) in the July-September 2021 quarter, shipping 23.8 million units, as per data from IDC India. Despite the logistic challenges and increase in freight costs, vendors remained aggressive in their shipments and were able to manage the inventory for the upcoming month-long festival sales, IDC said. Shipments in September surpassed 10 million, growing two-fold from the same month last year, resulting in a record quarter for wearable devices in India, it added. Watches continued to be the fastest-growing category with 4.3 million shipments in the third quarter, while wristbands saw a seventh consecutive quarter of annual decline to 738,000 units, IDC said. Truly Wireless (TWS or earbuds) devices reached a 39.5 per cent share of the earwear segment (18.73 million units shipment) in the quarter under review, but the market remains dominated by over-the-ear and tethered devices, it added. While seasonality made Q321 the biggest .
With more and more enterprises heading towards their digital-first state, DX technology spending is expected to grow two times faster than overall IT.
Samsung emerged as India's biggest smartwatch manufacturer in the second quarter ending June 2021, a new report said on Thursday.
The worldwide shipments of traditional PCs, inclusive of desktops, notebooks and workstations, reached 83.6 million units in second quarter this year, up 13.2 per cent from second quarter of 2020
This represents a 12.5 per cent year-over-year growth, according to the International Data Corporation (IDC).
India's networking market which includes ethernet switch, routers, and WLAN segments witnessed a 16.4 per cent year-over-year (YoY) decline in the third quarter of this year
At the same time, truly wireless devices with improved battery life and connectivity are attracting users to spend more, Dumbre added
India's overall software market was estimated to grow at a compound annual growth rate (CAGR) of 14.1 per cent between 2018 and 2023, said the Worldwide Semi-annual Software Tracker report
The government's push for data localisation has started showing its effects in the financial technology space
Samsung is at the second spot in International Data Corporation's 'Quarterly Mobile Phone Tracker' report
Delhi and Mumbai contributing one-fourth of the total sales in top 50 cities in India