IDC posted its quarterly analysis of the wearable market in India, revealing a massive 29.2% growth YoY. The top company was boAt, dominating the market with a 29.7% share, nearly three times more than the second-placed Noise. During the July-September period, the country saw 48.1 million shipments, bringing the total for the first nine months up to 105.9 million units – a 5.8% increase compared with the first three quarters of 2022. Overall average selling price (ASP) declined from $27.2 to $21.7, fueled by the arrival of a new type of product – smart rings. Smartwatches as a...
According to the latest PC market analysis from IDC, the PC market has declined in the second quarter this year by 15.3% year-over-year. The silver lining is that it actually grew compared to Q1 2023 by 5.9%. All PC market categories saw a decline, though, with the notebook segment declining by 18.5% YoY, while the desktop segment had a smoother sailing with a 7% YoY decline. Looking at the PC market as commercial and consumer, things aren't that great either. The consumer segment fell by 17% while the commercial slid by 13.8% YoY. There's a good trend in the educational and...
India's smart wearables market grew rapidly in the first half of 2023. Per IDC's latest numbers, the sector recorded a 53% year-over-year increase in sales. Over 57.8 million smart wearables were shipped in 1H23 with smartwatches making a big jump in popularity, reaching 40% of the total share - up from 26.8% a year ago. Let's take a look at the numbers from the second quarter. A total of 32.8 million wearables shipped in Q2 - a growth of 37.2% year-over-year and 30.6% over Q1. Smartwatch shipments nearly doubled from 6.4 million in Q2 of 2022 to just under 12.8 million in Q2 of...
The Indian smart wearables market scored a huge 80.9% increase in shipments in Q1 of 2023 compared to last year. According to an IDC report, more than 25 million wearables shipped in India in the months January through March - a big improvement year-over-year but flat quarter-over-quarter, thanks to a solid Q422. Smartwatches saw a spike of nearly 180% in shipments, with the basic smartwatch accounting for 98% of the total segment. Earwear also grew by 48.5% compared to last year with TWS earbuds taking up nearly 64%. Only the wristband smart wearable tanked with a nearly 87% dip...
The Indian smart wearables market scored a huge 80.9% increase in shipments in Q1 of 2023 compared to last year. According to an IDC report, more than 25 million wearables shipped in India in the months January through March - a big improvement year-over-year but flat quarter-over-quarter, thanks to a solid Q422. Smartwatches saw a spike of nearly 180% in shipments, with the basic smartwatch accounting for 98% of the total segment. Earwear also grew by 48.5% compared to last year with TWS earbuds taking up nearly 64%. Only the wristband smart wearable tanked with a nearly 87% dip...
The PC market sent out another disappointing quarter, worldwide shipments contracting 29% compared to last year as per the latest IDC report. Based on preliminary data, the total number of PCs sold in January-March totaled 56.9 million units which is 23.3 million units fewer than the total for Q1 2022. All of the top-five PC vendors experience double-digit declines with Apple faring the worst with a 40.5% difference between Q1 2022 and Q1 2023. Top 5 PC companies market share in Q1 2023 Lenovo remained the global leader in total shipments at 12.7 million units and a market share...
Foldable phones have been around for a few years now but their shipments are nowhere near the levels of traditional bar smartphones. The latest IDC report forecasts a healthy increase in the number of foldable shipments in the year to come with an estimated 48.1 million flip and fold devices making their ways to consumers in 2027. At that point, the CAGR (compound annual growth rate) of foldables for the 2022-2027 period is expected to surpass traditional smartphones by tenfold. The new IDC report sees foldables earning a combined 3.5% market share by 2027 compared to the 1.2% for...
2022 was a tough year for the AR/VR market as global shipments dropped sharply to 8.8 million units for the full year – down 20.9% compared to 2021, according to data by IDC. The analysts say that the drop was expected as this is a fledgling market and certain global events have massive effects on it (both positive and negative). In 2021 the pandemic had a lot of people stuck at home with disposable cash, which was an opportunity for VR and AR headset makers. It also helped that increasing prices of electronics components and logistics hadn’t hit with full force yet, so the likes of the...
2022 was a tough year for the AR/VR market as global shipments dropped sharply to 8.8 million units for the full year – down 20.9% compared to 2021, according to data by IDC. The analysts say that the drop was expected as this is a fledgling market and certain global events have massive effects on it (both positive and negative). In 2021 the pandemic had a lot of people stuck at home with disposable cash, which was an opportunity for VR and AR headset makers. It also helped that increasing prices of electronics components and logistics hadn’t hit with full force yet, so the likes of the...
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 is still the leader with 49.2% market share in Q4 and 38% throughout...