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<ul><li>The <keyword id="20632895" type="General" weightage="100" keywordseo="Indian-smartphone-market" source="keywords">Indian smartphone market</keyword> recorded a 7.2% <keyword id="19910261" type="General" weightage="20" keywordseo="growth" source="keywords">growth</keyword> in the first six months of 2024.</li><li>There was a 3.2% year-on-year growth in shipments in Q2 2024, with <keyword id="19936542" type="General" weightage="20" keywordseo="Vivo" source="keywords" meta.keywordsubtype="org" meta.entityname="Vivo" meta.hostid="261" meta.entityid="Vivo">Vivo</keyword> leading the market.</li><li>Online channels now command a market share of 50%, the highest ever.</li></ul>The Indian smartphone market recorded a 7.2% year-on-year growth in shipments in the first half of 2024, with 69 million smartphones shipped during the first six months. According to a report by the International Data Corporation (<keyword id="19950614" type="General" weightage="20" keywordseo="IDC" source="keywords" meta.keywordsubtype="org" meta.entityname="IDC" meta.hostid="261" meta.entityid="IDC">IDC</keyword>), Q2 2024 emerged as the fourth consecutive quarter to record growth in shipments. In Q2 2024, 35 million smartphones were shipped in the country, recording a 3.2% year-on-year growth. “The latter half of Q2 is a prelude to the crucial second half of the year with the festive sale period going up till November. Apart from old inventory clearance in the first half of the quarter, vendors also started to launch new smartphones, especially in the mid-premium/premium segment from mid-quarter onwards, for monsoon sales in July and August,” said Upasana Joshi, Senior Research Manager, Devices Research, IDC India. Vivo leads the market <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #49564c 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#49564c;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #49564c 0.39999975pt;border-right:solid #49564c 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#49564c;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Q2 2024 </td><td style="border-left:solid #49564c 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#49564c;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Q2 2023 </td></tr><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Vivo </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">16.50% </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #374139 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">16% </td></tr><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Xiaomi </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">13.50% </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">11% </td></tr><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Samsung </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">12.90% </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">15.70% </td></tr><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Realme </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">12.60% </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #cccccc 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#f8f9fa;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">12.60% </td></tr><tr><td style="border-left:solid #374139 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">Oppo </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #cccccc 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">11.50% </td><td style="border-left:solid #cccccc 0.39999975pt;border-right:solid #374139 0.39999975pt;border-bottom:solid #374139 0.39999975pt;border-top:solid #cccccc 0.39999975pt;vertical-align:middle;background-color:#ffffff;padding:2pt 6pt 2pt 6pt;overflow:hidden;overflow-wrap:break-word;">11% </td></tr></tbody></table> Source: IDC Vivo continued to lead the Indian smartphone market for the second quarter, with a market share of 16.5% in Q2 2024, up from 16% in Q2 2023. <keyword id="19901379" type="General" weightage="20" keywordseo="Xiaomi" source="keywords" meta.keywordsubtype="org" meta.entityname="Xiaomi" meta.hostid="261" meta.entityid="Xiaomi">Xiaomi</keyword> took the second position, with a market share of 13.5%, up from 11% in Q2 2023. Samsung took a big hit in Q2 2024, with its market share declining from 15.7% in Q2 2023 to 12.9% in Q2 2024. <h2><keyword id="20704187" type="General" weightage="20" keywordseo="5G-smartphones" source="keywords">5G smartphones</keyword></h2>The share of 5G smartphones in the overall smartphone shipments increased to 77% in Q2 2024, with 27 million 5G smartphones shipped during the quarter. In Q2 2023, the share of 5G smartphones in shipments was just 49%. The average selling price (ASP) of 5G smartphones has decreased to $293. The shipments to online channels grew by 8% year-on-year to reach 50% in Q2 2024, up from 47% in Q2 2023. Due to severe heatwave conditions in several parts of India, offline channel shipments declined by 2% year-on-year in Q2 2024. 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Indian smartphone market records 7.2% growth in the first half of 2024, Vivo leads the market in Q2

Spending on Artificial Intelligence (AI) in the country may triple to USD 5 billion by 2027, an <keyword id="21652031" type="General" weightage="20" keywordseo="Intel-IDC-report" source="keywords">Intel-IDC report</keyword> released on Tuesday said. According to the report, entities in <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> spent USD 1,703.8 million on AI in 2023. "<keyword id="20959016" type="General" weightage="20" keywordseo="AI-spending" source="keywords">AI spending</keyword> in India is expected to increase to USD 5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, <keyword id="19950614" type="General" weightage="20" keywordseo="IDC" source="keywords" meta.keywordsubtype="org" meta.entityname="IDC" meta.hostid="261" meta.entityid="IDC">IDC</keyword> said. He said that in 2023, major spending of USD 209 million was driven by AI infrastructure provisioning and related software. It was followed by augmented customer service agents at USD 168.8 million, digital assistance USD 113.1 million, augmented threat intelligence USD 100.1 million and program advisors recommendation systems USD 97.1 million. "The infrastructure provisioning will continue to be the biggest contributor in overall spent," Srinivasamurthy said. Intel India Region Vice President and Managing Director, Santhosh Viswanathan said India is ready for AI as around 20 per cent of the world's data is produced in the country and it is the third biggest global market. Viswanathan said India leads globally in terms of technical skill availability. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/google-i/o-event-today-how-to-watch-and-what-to-expect/articleshow/110105611.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/google-i/o-event-today-how-to-watch-and-what-to-expect/articleshow/110105611.cms" target="_blank">Google I/O event today – how to watch and what to expect</a><a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank">OnePlus Nord CE 4 Lite to launch soon in India – expected price, specs and everything we know so far</a><a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-up-8-5g-smartphones-account-for-over-70-of-shipments/articleshow/110002512.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-up-8-5g-smartphones-account-for-over-70-of-shipments/articleshow/110002512.cms" target="_blank">Indian smartphone market up 8%, 5G smartphones account for over 70% of shipments</a>

AI spending in India may triple to USD 5 bn by 2027: Report

New Delhi [India], May 22 (ANI): The average selling price (ASP) for overall <keyword id="1531471" type="General" weightage="100" keywordseo="wearable-devices" source="Orion">wearable devices</keyword> has declined by more than 17 per cent in the first quarter of 2024—from USD 22.62 to USD 18.59—hitting a record low, the <keyword id="668267" type="General" weightage="20" keywordseo="International-Data-Corporation" source="Orion">International Data Corporation</keyword> (<keyword id="6377157" type="General" weightage="20" keywordseo="IDC" source="Orion">IDC</keyword>) observed in its latest report. Excess inventory in the online channel and fewer new launches were some of the primary reasons behind the decline in prices, the report noted. Citing a similar situation a year ago, it added, that the <keyword id="21764166" type="General" weightage="20" keywordseo="smartwatch-ASPs" source="keywords">Smartwatch ASPs</keyword> dropped to USD20.65 from USD29.24 a year ago on the back of e-tailer sales events and discounts. Although, the share of advanced smartwatches increased from 2.0 per cent to 3.2 per cent in the 1Q24. The <keyword id="21764167" type="General" weightage="20" keywordseo="Indian-wearable-device-market" source="keywords">Indian wearable device market</keyword> grew by 2.1 per cent year-over-year (YoY) to 25.6 million units after growing by at least double digits consecutively since the fourth quarter of 2017. According to the IDC data, the top five vendors namely BoAt, Noise, Fire-Bolt, Boult, and Oppo, remain unchanged from a year ago. Although their collective share declined from 63.9 per cent to 59.9 per cent, the long tail of smaller vendors gained a share. Within the smartwatch category, shipments of the top three vendors declined due to high channel inventory. However, Titan and BeatXP grew by 2X and 3X, respectively. In the earwear category, all vendors from the top five grew their shipments, except Boult, the report observed. "Vendors have started focusing on retail expansion via partnerships with large format national and/or regional retail chains and bundling wearables with other product categories like smartphones, laptops, etc. It will be interesting to see if these initiatives help bring back the growth momentum, especially in the festive sales period in the second half of the year," said Anand Priya Singh, Market Analyst, Smart Wearable Devices, IDC India. Noting the increasing share of offline channels, the report adds that there was an increase of 11.8 per cent in the first quarter of 2023, while online channel shipments declined by 14.1 per cent YoY in 1Q24, its second consecutive quarter of decline.

Wearables devices price hits record low after dropping by 17%; Offline sales grow by 37.9% in Q1 FY25: IDC

About 4.5 million televisions were shipped to <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> in the first half of 2023 with an increase of 8 per cent on a yearly basis. According to a report by International Data Corporation (<keyword id="6377157" type="General" weightage="80" keywordseo="idc" source="Orion">IDC</keyword>), frequent sales by e-tailers, multiple new launches, and clearing of old inventory before the festive season starts, fuelled the growth. IDC expects 2023 to remain flat or register single-digit growth led by the upcoming festive season. A plethora of offers or discounts are expected to ensure a healthy second half of the year. Share of the online channel grew by 25 per cent in 2023 year-on-year reaching 39 per cent driven by online sales festivals, the global market intelligence and advisory services provider IDC said in the report. "Due to decreasing prices, consumers are opting to buy an affordable smart TV instead of retrofitting non-smart TV with a streaming stick, which is losing popularity, its shipments declining by 85 per cent in 1H23," said <keyword id="3886166" type="General" weightage="50" keywordseo="upasana-joshi" source="Orion">Upasana Joshi</keyword>, Research Manager, Client Devices, IDC India. While the popular screen sizes of 32-inch and 43-inch remain mainstream with 71 per cent collective share, the larger screens are gaining popularity. Share of the 55-inch, according to IDC, went up to 12 per cent from 9 per cent a year ago, resulting in 35 per cent YoY growth in the USD 400+ price segment. In the first half of 2023, the average selling price of smart TVs stood at USD 380, a 3 per decline from last year. IDC said brands are focusing on low-priced models in the budget segment with regular price drops. "Apart from core features, visual aesthetics like narrow bezel or bezel-less TVs in the affordable price segments and features like HDR, better DCI-P3 coverage, Dolby certification, improved sound output etc. are in demand," says <keyword id="5792358" type="General" weightage="50" keywordseo="debasish-jana" source="Orion">Debasish Jana</keyword>, Market Analyst, Smart Home Devices, IDC India. In 2022, 9.8 million units were shipped to India with a 7 per cent yearly growth, with the normalization of panel prices resulting in reduced end-consumer prices. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/pixel-8-launch-on-oct-4-from-camera-to-design-specifications-what-we-know-so-far/articleshow/103924696.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/pixel-8-launch-on-oct-4-from-camera-to-design-specifications-what-we-know-so-far/articleshow/103924696.cms" target="_blank">Pixel 8 launch on Oct 4 – From camera to design specifications, what we know so far</a> <a href="https://www.businessinsider.in/tech/gadgets/news/amazfit-cheetah-series-smartwatches-with-ai-powered-running-coach-launched-in-india/articleshow/103836676.cms">A smartwatch in India now offers an AI-powered running coach</a> <a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-40-neo-launched-in-india-specs-features-and-price/articleshow/103832280.cms">Motorola Edge 40 Neo with with vegan leather back hits the Indian market</a>

India smart TV market grew 8% in first half of 2023

<keyword id="10591" type="General" weightage="20" keywordseo="samsung" source="Orion">Samsung</keyword> on Wednesday announced that it has consolidated its tablet leadership in India, with 220 per cent year-on-year growth in the June quarter. Samsung ended the June quarter with 45 percent volume market share, helping the company consolidate its <keyword id="6361927" type="General" weightage="20" keywordseo="tablets" source="Orion">tablets</keyword> leadership for the second successive quarter, according to the latest data released by <keyword id="6377157" type="General" weightage="20" keywordseo="IDC" source="Orion">IDC</keyword> Worldwide Quarterly Personal <keyword id="12053786" type="General" weightage="20" keywordseo="Computing-Devices-Tracker" source="Orion">Computing Devices Tracker</keyword>. "Samsung's relentless focus on consumer innovations means it is the only full-range player in the tablets business in India, with products across price spectrum. Samsung's tablets have done extremely well across mass (less than Rs 20,000), mid (Rs 20K-40K) as well as premium (Rs 40K) segments," the south Korean tech giant said in a statement. In the mass segment ($250), Samsung had 49 per cent volume market share in the June quarter, according to IDC Worldwide Quarterly Personal Computing Devices Tracker. Samsung recently launched Galaxy Tab A7 Lite, one of the most affordable tablets in India. Galaxy Tab A7 Lite is crafted to inch-perfection for those who are always on the move. In the mid-segment ($250-$550), Samsung was a clear number one in the June quarter on account of the success of Galaxy Tab A7. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/textile-company-stocks-rise-as-cabinet-approves-pli-for-textile-sector/articleshow/86036941.cms">Alok Industries, Arvind, Deepak Spinners, Trident gain on PLI for textiles sector, analysts expect the rally to continue</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/covid-19-vaccines-and-medicines-delivery-from-drone-in-telangana/articleshow/86037081.cms">Telangana to be the first Indian state to begin drone delivery trials for Covid-19 vaccines, medicines starting tomorrow</a>

Budget tablets help Samsung consolidate its lead in the Indian tablet market

<ul><li>The smartphone industry has reason to rejoice, as smartphone shipments bounced back strongly in the first three months of 2021.</li><li>The top smartphone makers consolidated their positions at the expense of beleaguered Chinese tech giant <keyword id="6357456" type="COMPANY" weightage="20" keywordseo="huawei">Huawei</keyword>.</li><li>Overall, 346 million smartphones were shipped in the first quarter of 2021.</li></ul>Smartphone shipments in the first three months of 2021 registered a sharp recovery, growing by 25% as compared to the tepid 4.3% increase recorded in the previous quarter. China and the Asia Pacific led the surge in demand, accounting for half of all global shipments. According to the latest <a href="https://www.idc.com/getdoc.jsp?containerId=prUS47646721">IDC report</a>, a total of 346 million smartphones were shipped in the first three months of 2021. The top five smartphone companies accounted for 250 million shipments, cornering nearly 75% of the market amongst themselves. <div type="image" title="Smartphone shipments Q1 2021 vs Q4 2020." msid="82311624" hostid="261"></div> In comparison, in the same period last year, worldwide smartphone shipments stood at 275 million, with the top five accounting for a little over 170 million shipments. One of the reasons behind the low shipments is the COVID-19 pandemic, which was at its peak in China – the hub of smartphone manufacturing. However, with companies in China having resumed operations, the supply chain issues have ironed out, allowing companies to meet consumer demands. <cmsannotation type="cmsannotation" annotationid="Top five further consolidate their positions" comment="subhead" text="Top five further consolidate their positions">Top five further consolidate their positions</cmsannotation> The market consolidation amongst the top five smartphone makers is visible – much of it has come at the cost of Huawei, which is reeling under US sanctions. “All three vendors (Xiaomi, Oppo and Vivo) are increasing their focus in international markets where Huawei had grown its share in recent years. In the low- to mid-priced segment, it is these vendors that are gaining the most from Huawei's decline, while most of the high-end share is going to <keyword id="6354427" type="COMPANY" weightage="20" keywordseo="apple">Apple</keyword> and <keyword id="10591" type="COMPANY" weightage="20" keywordseo="Samsung">Samsung</keyword>,” the <keyword id="6377157" type="COMPANY" weightage="20" keywordseo="idc">IDC</keyword> report noted. Three smartphone makers capitalised the most on Huawei’s ouster from the top 5, namely – Xiaomi, Oppo and Apple, each with an increase of at least 50% in the first quarter of 2021 compared to a year ago. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q1 2021 shipments (in million) </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Q1 2020 shipments (in million) </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Year-on-year change </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Samsung </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">75.3 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">58.4 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">29% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Apple </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">55.2 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">36.7 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">50% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Xiaomi </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">48.6 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">29.5 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">65% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Oppo </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">37.5 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">22.8 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">65% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Vivo </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">34.9 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">24.8 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">41% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Others </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">94.1 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">103 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">-9% </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Total </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">345.6 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">275.2 </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">26% </td></tr></tbody></table> Source: IDC LG’s exit from the smartphone industry gives another opportunity for the existing players to make further gains. “Most of LG's volume was in the Americas with North America accounting for over 50% of its volume and Latin America another 30%. Despite the vendor losing ground in recent years, they still had 9% of the North American market and 6% of Latin America,” the IDC report states. In terms of market share, Chinese smartphone maker Vivo entered the top 5 this quarter, edging out Huawei. <div type="image" title="Smartphone market share Q1 2021." msid="82311582" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;span&amp;gt;&amp;lt;/span&amp;gt;&amp;lt;/p&amp;gt;"></div> Oppo and Vivo are both owned by the same parent – BBK Electronics – holding a total of 20.9% of the market between themselves. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-needs-tariff-hikes-to-sustain-earnings-growth-as-subscriber-additions-slow-down/articleshow/82289799.cms">Look for this number in Reliance Jio’s earnings⁠ — it will tell you if the tariff will rise</a> <a href="https://www.businessinsider.in/business/auto/news/covid-19-lockdowns-and-curfews-affecting-worlds-fourth-largest-automobile-market/articleshow/82195326.cms">There is a virtual lockdown in the world’s fourth largest automobile market</a> <a href="https://www.businessinsider.in/tech/mobile/news/mediatek-dimensity-1200-5g-ready-chipset-launched-in-india-heres-everything-you-need-to-know/articleshow/82161678.cms">MediaTek Dimensity 1200 5G-ready chipset launched in India – here’s everything you need to know</a>

Smartphones are back in demand as shipments grow by 25% – Samsung, Apple, Xiaomi consolidate market share

Lenovo led the global traditional PC market (including desktops, notebooks, and workstations) in the first quarter of 2021 with 24.3 per cent share, as the worldwide shipments grew 55.2 per cent (on-year), according to an <keyword id="6377157" type="COMPANY" weightage="20" keywordseo="idc">IDC</keyword> report. <keyword id="2547931" type="COMPANY" weightage="20" keywordseo="HP-Inc">HP Inc</keyword> was second with 22.9 per cent PC market share, followed by <keyword id="3346453" type="COMPANY" weightage="20" keywordseo="Dell-Technologies">Dell Technologies</keyword> at 15.4 per cent share. PC shipments reached 84 million worldwide in the January-March period, a modest 8 per cent decline from the fourth quarter of 2020. While sequential declines are typical for the first quarter, a decline this small has not been seen since the first quarter of 2012 when the PC market declined 7.5 per cent sequentially, according to IDC's ‘Worldwide Quarterly Personal Computing Device Tracker' showed on Saturday. "Unfulfilled demand from the past year has carried forward into the first quarter and additional demand brought on by the pandemic has also continued to drive volume," said Jitesh Ubrani, research manager for IDC's Mobile Device Trackers. "However, the market continues to struggle with setbacks including component shortages and logistics issues, each of which has contributed to an increase in average selling prices," he added. <keyword id="6354427" type="COMPANY" weightage="20" keywordseo="apple">Apple</keyword> with 8 per cent market share (by shipments) was fourth while Acer Group with 5 per cent came fifth. The continued resurgence in the PC market as well as increases in average selling prices (ASPs) have primarily been driven by growth in gaming, the need for higher performance notebooks in the enterprise, and an increase in demand for touchscreens within the education segment. Ryan Reith, program vice president with IDC's Worldwide Mobile Device Trackers said that the ongoing shortages in the semiconductor space only further prolong the ability for vendors to refill inventory and fulfill orders to customers. "We believe a fundamental shift has occurred around the PC, which will result in a more positive outlook for years to follow. All three segments — business, education, and consumer — are experiencing demand that we didn't expect to happen regardless of many countries beginning their ‘opening up' process," Reith noted. Component shortages will likely be a topic of conversation for the majority of 2021. "The more important question should be what PC demand will look like in 2-3 years," Reith said. SEE ALSO: <a href="https://www.businessinsider.in/business/startups/news/founders-take-note-heres-why-most-startups-fail/articleshow/81981138.cms">Founders, take note: here’s why most startups fail</a> <a href="https://www.businessinsider.in/tech/apps/news/google-phone-app-now-lets-you-record-calls-automatically-from-unknown-numbers/articleshow/81982791.cms">Google Phone app now lets you record calls automatically from unknown numbers</a> <a href="https://www.businessinsider.in/business/startups/news/adar-poonawalla-serum-institute-of-india-has-bought-stake-policybazaar/articleshow/81985425.cms">Serum Institute of India buys into IPO-bound insurance unicorn PolicyBazaar, as True North sells part stake in secondary sale</a>

Lenovo leads global PC market in first quarter of 2021 with 24.3% share, HP on second with 22.9% share, says IDC report

Packed with industry-leading health and fitness tools, <keyword id="6354427" type="COMPANY" weightage="20" keywordseo="apple">Apple</keyword> Watch has once again dominated one of the key wearable segment, leading the <keyword id="10878690" type="UNKNOWN" weightage="20" keywordseo="smartwatch-category">smartwatch category</keyword> with a 51 <keyword id="10878691" type="UNKNOWN" weightage="20" keywordseo="per-cent-global-share">per cent global share</keyword> in 2020 and further cementing its position in the India market, according to latest reports this week. <keyword id="22670" type="PERSON" weightage="20" keywordseo="watches">Watches</keyword> grew significantly as demand for wrist bands declined during the year, witnessing a 139.3 per cent (on-year) growth with 2.6-million unit shipments last year. According to the IDC, smartwatches, which can run third-party applications on the device itself, accounted for a 24.5 per cent share in the watch category and Apple continues to lead the smartwatch category with a massive 51 per cent share in 2020. "In India, mainly Watch 3 and Watch 6 led to the growth in 2020. Apple Watch has been well received by the Indian consumers," Navkendar Singh, Research Director, Client Devices &amp; IPDS, <keyword id="126803" type="COMPANY" weightage="20" keywordseo="IDC-India">IDC India</keyword>, told. Price reductions on older Apple Watches and the promotional discounts offered by banks and e-tailer channels on Series 5 and Series 6 made the device a popular purchase among consumers in India. According to Jaipal Singh, Associate Research Manager, Client Devices, IDC India, the high cost associated with wearable watches is not much of a challenge anymore. "Also, the watch form factor is now seen as more appealing to the consumers, and vendors will leverage this shift by further expanding their watches portfolio in coming quarters," he added. <keyword id="6439913" type="COMPANY" weightage="20" keywordseo="counterpoint-research">Counterpoint Research</keyword> said that Apple Watch Series 6 and SE did well globally, shipping 12.9 million units and accounting for 40 per cent market share in Q4. "In a year where annual growth inched forward at only 1.5 per cent, Apple maintained its solid number one position and increased its market share by 6 per cent, helping shift the overall market closer to the premium segment," it said. Apple Watch users can view their cardio fitness levels in the Health app on <keyword id="6354606" type="COMPANY" weightage="20" keywordseo="iPhone">iPhone</keyword>, and receive a notification if it falls within the low range. Apple Watch already estimates average and higher levels of VO2 max during vigorous outdoor walks, runs, or hikes, which many runners and other athletes monitor to improve performance. Apple Watch also has several other health features like ECG, Fall Detection and more. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/apple-find-my-stalking-airtags-item-safety-alerts/articleshow/81342449.cms">Apple’s new Find My feature updated to prevent stalking as launch of the rumoured AirTags nears</a> <a href="https://www.businessinsider.in/tech/news/regulating-digital-news-is-important-but-freedom-of-press-is-precious/articleshow/81341289.cms">OPINION: Regulating digital news is important but freedom of press is precious</a> <a href="https://www.businessinsider.in/stock-market/news/heranba-industries-ipo-makes-a-bumper-debut-on-stock-exchanges/articleshow/81342578.cms?upcaceh=2">Heranba Industries makes a bumper debut on stock exchanges — shares soar 44% over the issue price band</a> <a href="https://www.businessinsider.in/finance/banks/news/ignore-low-cibil-score-for-street-vendor-loans-work-on-holidays-and-other-diktats-from-indian-government-to-banks-rushing-to-meet-march-target/articleshow/81223572.cms">EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme</a>

Apple Watch garners 51% global market share, India sweet spot, says report

Led by PC and <keyword id="10838881" type="UNKNOWN" weightage="20" keywordseo="printer-major-HP">printer major HP</keyword> Inc., the worldwide hardcopy peripherals (HCP) market saw overall shipments grow 5.6 per cent year over year to approximately 27 million units in the fourth quarter of 2020, according to an <keyword id="668267" type="COMPANY" weightage="20" keywordseo="International-Data-Corporation">International Data Corporation</keyword> (IDC) report. However, <keyword id="10838883" type="UNKNOWN" weightage="20" keywordseo="shipment-value">shipment value</keyword> during the quarter declined 5.1 per cent to $11.1 billion, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker on Friday. <keyword id="10838882" type="UNKNOWN" weightage="20" keywordseo="strong-shipment-growth">Strong shipment growth</keyword> in the second half of the year was responsible for the 0.4 per cent overall unit growth for the full year 2020. Market value declined 12.3 per cent for the whole year, however, due to low shipments of high-end office devices. Similar to last quarter, the common theme in Q4 was the increased demand for low-end consumer inkjets and monochrome laser devices, which were readily available toward the end of the year at competitive prices. Both inkjet and laser markets posted year-over-year gains with shipments increasing 7.9 per cent and 3.7 per cent, respectively, said the report. In the laser market, low-end A4 monochrome laser shipments grew year over year due to working from home and home education needs. <keyword id="6367983" type="ORGANIZATION" weightage="20" keywordseo="hp">HP</keyword> Inc. outperformed all other companies in the top 5 in terms of shipment growth. The vendor delivered a year-over-year increase of 13.7 per cent with worldwide shipments of nearly 11.2 million units in the quarter. HP was followed by the Canon Group, Epson, Brother and the Kyocera Group in the top five. SEE ALSO: <a href="https://www.businessinsider.in/india/news/bharat-bandh-over-eight-crore-traders-across-india-shut-shop-in-protest-against-rising-fuel-prices-and-changes-in-gst-rules/articleshow/81223361.cms">Bharat Bandh – over eight crore traders across India shut shop in protest against rising fuel prices and changes in GST rules</a> <a href="https://www.businessinsider.in/finance/banks/news/ignore-low-cibil-score-for-street-vendor-loans-work-on-holidays-and-other-diktats-from-indian-government-to-banks-rushing-to-meet-march-target/articleshow/81223572.cms">EXCLUSIVE: Ignore low CIBIL score for street vendor loans, work on holidays, and other diktats from Indian government to banks rushing to meet March target</a> <a href="https://www.businessinsider.in/india/news/india-now-allows-you-to-avail-a-discount-on-flight-ticket-if-you-are-not-carrying-a-check-in-baggage/articleshow/81225977.cms">India now allows you to avail a discount on flight ticket if you are not carrying a check-in baggage</a>

HP's worldwide shipments grow 5.6% in fourth quarter of 2020, says IDC

New Delhi, Mar 20 () International Data Corporation (IDC) on Friday said it has appointed Vasant Rao as Managing Director for India and South Asia with effect from March 18, 2020. Rao will be based out of IDC's Bengaluru office and will be reporting to Eva Au, Managing Director, IDC Asia/Pacific, according to a statement. Prior to joining IDC, he held multiple global leadership roles during his 10-year stint at Cognizant in the analytics, data science, and visualisation domains and built intellectual property-based products. Most recently, Rao was leading the banking and financial services delivery for the North America AI and analytics business unit. "India is a critical and strategically important market for IDC. Today, India's growth is at an inflection point as it transitions from a services-led to a knowledge-based economy that is largely supported by third platform technologies," said Eva Au, Managing Director, IDC Asia/Pacific. On Rao's appointment, Au said: "With his rich experience and understanding of how technology plays an integral role in context to the business outcomes, IDC India is ready to enter the next phase of our growth." IDC India with offices in Delhi, Mumbai, and Bengaluru has a team of local technology and industry analysts, as well as consulting talent complementing IDC's Asia Pacific and international research expertise, the statement said. MBI ANSANS

IDC names Vasant Rao as managing director for India

Amid the pandemic-related supply issues and chip shortage, the global shipments of <a href="https://www.businessinsider.in/tech-buying-guides/best-24-inch-pc-monitor-in-india/articleshow/84646356.cms" data-type="tilCustomLink">traditional PCs</a> (desktops, notebooks and workstations) in the third quarter (Q3) this year, which reached 86.7 million units (up 3.9 per cent from the prior year), according to a new IDC report. This marks the sixth consecutive quarter of growth for the <a href="https://www.businessinsider.in/tech/news/pc-market-sees-highest-first-quarter-growth-in-two-decades-gartner/articleshow/82047005.cms" data-type="tilCustomLink">PC market</a>, as the onset of the pandemic has led to a surge in demand while also contributing to component shortages and other supply challenges. "The PC industry continues to be hampered by supply and logistical challenges and unfortunately these issues have not seen much improvement in recent months," said Jitesh Ubrani, research manager for IDC's Mobile and Consumer Device Trackers. "Given the current circumstances, we are seeing some vendors reprioritise shipments amongst various markets, allowing emerging markets to maintain growth momentum while some mature markets begin to slow," Ubrani added. Lenovo led the third quarter with 22.8 per cent market share, followed by HP Inc with 20.3 per cent share and Dell Technologies at 17.5 per cent share. Bottlenecked supply chains and ongoing logistic challenges led the US PC market into its first quarter of annual shipment decline since the beginning of the pandemic. "After a year of accelerated buying driven by the shift to remote work and learning, there's also been a comparative slowdown in PC spending and that has caused some softening of the US PC market today," said Neha Mahajan, senior research analyst, Devices and Displays at IDC. "Yet, supply clearly remains behind demand in key segments with inventory still below normal levels," Mahajan added.

Global PC shipments reach 86.7 million units in Q3, up 3.9% from last year: IDC report

New Delhi, June 2 (IANS) As a result of the spread of the pandemic, 64 per cent of the organisations in India are expected to increase demand for cloud computing while 56 per cent for cloud software to support the new normal, a new IDC report said on Tuesday. The need to work remotely is bolstering the demand for SaaS-based collaborative apps, to ensure on and off-site presence at all the times and zero-disruption to business. This will also increase the need for remote support services  both human professional services and of the cloud software  especially security/identity. "As industries move away from infrastructure of ownership, pay-per-use models are likely to see an accelerated demand. Public cloud services will be among the few technologies that are positively impacted by the COVID-19," said Rishu Sharma, Principal Analyst, Cloud and Artificial Intelligence, IDC India. The India cloud market is going to witness a visible impact in the probable and pessimistic scenario in terms of heightened adoption with public cloud leading the forefront of all infra-related investments, according to IDC's 'COVID-19 Impact on IT spending Survey May 2020'. According to it, virtual private networks (VPNs), collaboration suites, end-point encryption, and cloud tools will witness an uptake. "Industries like media, education, and IT/ITeS are likely to see an increased uptick primarily because of online entertainment, virtual classrooms, and increased need for collaboration as a result of increased remote working," the findings showed. "We expect an accelerated adoption of cloud, as organizations explore testing of many new initiatives natively on cloud," Sharma added. The report covered the change in cloud budgets and the technology demands to ensure business continuity. According to Sharath Srinivasamurthy, Research Director, Enterprise Solutions &amp; ICT Practices, IDC India, while the impact of COVID-19 will be clearer in the coming quarters, Cloud has been a saviour during the crisis. "Cloud-based VDI and collaboration tools helped enterprises to stay in touch with their employees, clients, and partners. Cloud-based solutions continued to run and enable seamless business operations during the crisis and this has increased the confidence of enterprises in embracing cloud," explained Srinivasamurthy. --IANS na/

You Searched For "IDC" and got 12 results

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