India’s wearable market registered another record quarter, shipping over 37 million units in 3Q22 (July-Sep), a growth of 56.4% year-over-year, according to recent data from the International Data Corporation (IDC). The first nine months of the year (Jan-Sep) have seen 75-million-unit shipments. Per IDC, smartwatches (basic and advanced) remained the...
Most of India’s Large Enterprises Enhance Security Spending in 2022
According to the International Data Corporation Worldwide Security Spending Guide, July 2022, 74% of large enterprises in India embed IT security in the planning, initiation, and assessments of all new business. This is expected to boost the value of India’s security market, which is expected to grow to $2.51 billion...
Smartphone Sales Rose 14.5 percent in India
Per Framingham, MA-based IDC or International Data Corporation’s Asia/Pacific Quarterly Mobile Phone Tracker, India smartphone market shipped 142.3 million units in 2018, 14.5% year-on-year growth. Upasana Joshi, associate research manager, Client Devices, IDC India, adds: --> Shipments of the online-exclusive portfolios of Xiaomi, Honor, Realme, Asus, OnePlus among others, further...
Seagate Expects Surge in Its India Business
Cupertino, CA-based data storage company Seagate Technology PLC said that its Indian business is growing strongly due to the demand from expanding data centers and telecom services. Seagate Technology senior vice president (Global Sales and Sales Operations) B.S. Teh said that while consumer business comprises a larger chunk of its...
Foxconn to Assemble High-End iPhones in India
Apple Inc will assemble its top-end iPhones such as the iPhone X family -- in India at the Chennai unit of Taiwan-based Foxconn from early 2019. Currently, Wistron, another Taiwanese company, makes the lower end Apple models such as iPhone 6S and SE in Bangalore. Foxconn, which also makes phones...
India to Fuel Smartphone Shipments in 2019
Shipments of smartphones are expected to rebound, returning to low-single-digit growth in 2019, according to market research firm International Data Corp. (IDC), which noted that India is one of the key markets that will boost shipments. "India is one of the few markets that has not hit maturity and still...