IT spending in India is expected to reach $73.3 billion in 2015, a 9.4% increase from the 2014 forecast, according to market research firm Gartner. “India is forecast to be the third largest IT market within the Asia/Pacific region by the end of 2016 and will further progress to become the second largest market for IT by the end of 2018,” said Peter Sondergaard, senior vice president at Gartner and global head of Research. “Much of the growth from being the number four market in Asia/ ..
Since independence, India has had a policy of protecting Indian businesses. The thought behind it was that in a nascent economy, where businesses lack the the experience to stand the onslaught of international competition, giving them time to learn was essential. But when you are not challenged and your existence is not threatened, you rarely tend to learn. After all, if you want to learn to swim, the best way is to jump into the deep end of the pool. Your survival instincts will take care of the rest.
TAIPEI–Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chip maker, is expected to take an 84-percent share in the high-end technology market of the global semiconductor wafer foundry business, according to a research report. In the report, market information advisory firm IC Insights said that TSMC is expected to post US$10.3 billion in sales from the 28 nanometer process or more advanced chip making technology in 2014, accounting for about 84 percent of the global total.
The Asia-Pacific Cloud Analytics market report defines and segments the concerned market in Asia-Pacific with analysis and forecast of revenue. This market is estimated to grow from $1,038.9 million in 2014 to $4,541.0 million by 2019, at a CAGR of 34.3% from 2014 to 2019. Browse through the TOC of the Asia-Pacific Cloud Analytics market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
NEW DELHI — Smartphone-makers are in a race to the bottom of India’s economic pyramid as they battle for customers in the fast-growing low-end market segment where analysts say opportunities are vast. India is now the quickest-expanding smartphone market globally and the third-largest market after China and the United States, according to Britain-based consultancy Canalys. India “is a market that offers huge potential as hundreds of millions of users have yet to upgrade,” said Jessica Kwee, an analyst at Canalys.
He said most hardware revenues had come from the FDI (Foreign Direct Investment) sector driven by players like Samsung, LG, Intel. Korean tech giant Samsung earned $23.9 billion from exports in 2013. “FDI technology firms are now dominating local firms in IT production and the story of “made in Viet Nam” products is not as successful as we expected,” said Duong at an industry seminar in Ha Noi on Wednesday.
Wearable device shipments are expected to surge in the third quarter as most vendors have decided to launch devices during the quarter. Vendors which originally planned to release products in the first half, have also postponed their plans as they wait for the market or product designs to mature, according to sources from the upstream supply chain. Vendors including Apple, Samsung Electronics, Epson, Sony, Acer, Asustek Computer and Adidas have already prepared or launched wearable devices for the third quarter. Upstream chip supplier Qualcomm will also join the competition with devices.
China smartphone vendors’ shipments started weakening in mid-May with the upstream supply chain also seeing orders turning week despite the fact that several China-based smartphone players are still able to deliver over 10 million units each quarter, according to Digitimes Research. Among the players, those with tighter relationships with China-based telecom carriers are seeing their 3G smartphone inventories rising rapidly as carriers have been reducing and canceling their subsidies for 3G models and turning to subsidize 4G models.
SINGAPORE — (Marketwired) — 06/22/14 — Euromonitor International and Retail Asia are pleased to announce the launch of the eleventh edition of the Retail Asia Top 500 Retailers Ranking, listing the largest retailers in the region. The retailers on the Retail Asia Top 500 Ranking had total combined revenue of $1.035 trillion, down nearly 3 percent from the previous year, due to a weakening yen. The decline in combined sales primarily was caused by the weakening exchange rate of major Asian currencies against the US dollar, which was the common denominator used for the Top 500 ranking.
GfK, one of the world’s largest research company, revealed in a report last week, adding that the top three growth markets for smartphones according to sales volume in the first quarter were Indonesia, Vietnam and Thailand, which recorded 68%, 59% and 45% increased sales, respectively. Indonesia is also the largest market, with consumers purchasing over 7.3 million units or two-fifth of the region’s smartphones.
BANGALORE, INDIA: In the first quarter, mobile PCs declined 32 percent year-on-year due to a lack of government sales, finds a Gartner study — The combined desk-based and mobile PC market in India totalled nearly 1.9 million units in the first quarter of 2014, a 20.6 percent decrease over the first quarter of 2013, according to Gartner, Inc.
NEW DELHI: Impending elections and lower profits from government sector investments led the software market in India to grow at a lower pace of 9.9 per cent to $ 3.78 billion in 2013, research firm IDC today said. “Software market in India witnessed slowed growth last year, due to multiple factors including impending elections, delayed payments, lower profits from government sector investments and rupee depreciation among others,” it said in a statement.
Despite its late start in the global economic race, Southeast Asia is now considered to have one of the world’s fastest growth rates, with an average GDP of more than 6% over the past decade. The World Bank forecasts that after the economic recession, countries such as the Philippines, Myanmar, Cambodia and Laos will begin to recover their GDP momentum, and can expect growth rates of more than 7% in 2015.
SINGAPORE–Xiaomi may be little known outside China, but the fast-growing smartphone maker is at the forefront of a new wave of Asian brands challenging the dominance of Apple and Samsung with high-spec, low-price phones. In the three months to March, Xiaomi surpassed Apple and other established Asian players such as Huawei and Sony to become the third largest smartphone brand in China by market share, research firm Counterpoint Technology said.
The production value of Taiwan’s IC design industry totaled NT$119.52 billion (US$3.96 billion) in the first quarter of 2014, down 4% sequentially but up 19.7% from a year earlier, according to Digitimes Research. The production value trended up month on month throughout the the first quarter of 2014 and surged over 15% sequentially to hit a 15-month high of NT$44.29 billion in March, which indicates the industry has been able to keep its growth momentum, said Digitimes Research.
Micron Technology is likely to hike prices for DRAM chips in May due to low inventory levels in the supply chain and insufficient supply of memory chips from Samsung Electronics and SK Hynix, according to industry sources. Samsung reportedly was hit by low yield rates while migrating the production of 20,000 wafer starts for DRAM chips to 25nm process and therefore is unable to fulfill orders from the PC OEM contract clients, the sources noted.
Research and Markets has announced the addition of the “Failure Analysis Equipment Market 2012 – 2019: SEM, TEM, FIB & FIB/SEM Systems” report to their offering. Global failure analysis equipment market was valued at USD 4.08 billion in 2012, growing at a CAGR of 8.8% from 2013 to 2019. Rapid growth in nanotechnology coupled with growth in medical applications in the Asia Pacific region has fueled the growth of failure analysis equipment market.
BANGALORE, INDIA: The public cloud services market in India is on pace to grow 32.2 percent in 2014 to total $556.8 million, an increase from 2013 revenue of $421 million, according to Gartner, Inc. Spending on software as a service (SaaS) will total $220 million in 2014, growing 33.2 percent from last year. SaaS is the largest overall cloud market segment, followed by infrastructure as a service (IaaS), totaling $78 million and business process as a service (BPaaS), totaling $75 million.
Advanced broadband markets in parts of Asia-Pacific show high adoption of fiber, multiplay, 3G and 4G, setting the stage for convergence. With smart living providing a next step beyond cloud and multiscreen access, operators are looking to take advantage of convergence to reduce churn and introduce new value-added services. This report presents case studies on Chunghwa, NTT, PCCW, SingTel, StarHub and Taiwan Mobile, and examines how these different operators are approaching convergent offers.
Growth in handset data, fixed broadband and IPTV revenue in the developed Asia–Pacific region will result in an increase in overall telecoms retail revenue from USD222 billion in 2013 to USD232 billion in 2018. This forecast report analyses the latest telecoms market developments in region, and the drivers underpinning our outlook for telecoms services.