idc

Smartphones shipments in India plunged by over 27 percent to 29.6 million in the October-December quarter of 2022, from 40.6 million in the year-ago period, mainly due to inflationary pressures, market research firm IDC said on Friday.According to the report, dwindling consumer demand due to high inflation remained a challenge throughout the year despite the improved supply situation.Smartphone shipments in the sub-$ 300 (about Rs. 25,000) price segment declined by 15 percent while mid-premium and premium price segments…

IDC's full-year 2022 and Q4 2022 market report on tablets and Chromebooks is here and the results are not ideal. Overall, the tablet market shrunk by 3.3% throughout 2022, but posted a flat growth of 0.3% for Q4 of the same year. After a strong 2021 year with insane 180.5% growth, however, the Chromebook market was bound to normalize and it recorded a 48% decline in shipments for the full 2022 year and 24.3% fewer units in Q4 2022. The main driving forces of the market in 2022, as usual, were Apple and Samsung. Apple…

China's smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday.The total number of devices shipped was 286 million, down from 329 million in 2022. That meant total 2022 sales volume was the lowest since 2013 and the first time since then that annual sales have dropped below 300 million, IDC said in a report. Android handset maker Vivo was the top-selling brand over the year, with a market share of 18.6%. Its total…

NEW DELHI : India’s smartphone market is expected to remain…

Global smartphone shipments reportedly declined by 18.3 percent, year-over-year (YoY) in Q4 2022. Falling consumer demand, high inventory, and market uncertainties are said to be the main reasons for the drop in shipments, according to a survey conducted by International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker. While Apple topped the global smartphone shipments in Q4 with a 24.1 percent market share, Samsung and Xiaomi were in second and third spots with 19.4 percent and…

The IDC Smartphone Tracker reported a pretty subpar record of worldwide smartphone shipments for Q4 2022 as the market contracted by 18.3% to 300.3 million shipments. All five major brands faced double-digit declines on the yearly basis compared to Q4 2021 and the total figure represents the largest quarterly decline. The big Q4 decline in shipments contributed to the yearly contraction of 11.3% compared to 2021 figures. A grand total of 1.21 billion smartphones were shipped in 2022 compared to 1.36 billion in 2021.…

The global shipments of used smartphones, including officially refurbished and used smartphones, were expected to reach 282.6 million units in 2022, according to a report.The unit growth represents an 11.5 per cent increase over the 253.4 million units shipped in 2021, according to the IDC.This growth is expected to continue, as IDC forecasts that used smartphone shipments will reach 413.3 million units worth $99.9 billion in 2026 with a compound annual growth rate (CAGR) of 10.3 per cent from 2021 to 2026."Attractive…

Image Source : PIXABAY Smartphones The global shipments of used smartphones, including officially refurbished and used smartphones were expected to reach 282.6 million units in 2022, according to a report. The unit growth represents an 11.5 per cent increase over the 253.4 million units shipped in 2021, according to the IDC. This growth is expected to continue, as…

Image Source : PIXABAY Smartphone It has been predicted in reports that the Indian smartphone market is set to grow by 10% and reach 175 million units in the coming year (2023). Buoyed by the 5G push and a high installed base, the Indian smartphone market has been projected to grow by 10 per cent in 2023 to reach 175 million units, a report showed on Friday. India…

IDCHe also said that excess inventory of PCs and tablets are forcing manufacturers to heavily discount prices. And as long as there's economic strife, products will stray away from premium functions to mid-range products.In October of this year, IDC reported that tablet shipments were down 8.8%, signaling the fifth straight quarter of the tablet market's decline. This market contraction followed two years of massive growth, which can be mostly attributed to economic factors."The market is now experiencing not only…