India Smartphone Market: Market trackers Counterpoint Research, IDC India and CMR India pegged smartphone shipments in the second quarter ended June at 34-36 million units. It is a decline of around 6% year on year, but an improvement over the 19% fall seen in the first quarter, according to preliminary data from Counterpoint. It said second quarter shipments are likely to have risen by around 11% sequentially.
Research, manufacturing (discrete and process), professional services, banking, government, retail, and telecommunications will be the top industries spending on DX in India, as per the latest report from IDC India.
Read more about Discoms outstanding dues to gencos fall 11.2% to Rs 81,628 cr in April on Business Standard. Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 11.2% to Rs 81,628 crore in April 2021 from a year ago
The Indian wearables market grew 170.3 per cent year-on-year to a record 11.4 million units in the March 2021 quarter, as per research firm IDC. Strong momentum in the watch and earwear categories led to the highest-ever first-quarter shipments in India , IDC said in a statement. Watches grew 463.8 per cent y-o-y ( year-over-year ) in the first quarter of 2021 to become the fastest-growing category in wearables, replacing earwear which also maintains a triple-digit growth in the quarter under review, it added. The overall wristwear category, which includes wrist bands and watches, grew 74.8 per cent y-o-y in the said quarter, reflecting the growing popularity of fitness and health tracking devices in the country.