The Middle East and Africa (MEA) tablet market continued to record strong on-year growth in the third quarter of 2014, spurred by a huge increase in shipments of Android-based devices. The latest figures announced by IDC showed that the market expanded 29.6% in volume terms during the quarter to reach a total of 4.15 million units. This growth was most evident in the consumer segment, where a number of IT festivals and back-to-school promotions across the region helped boost tablet demand.
China’s software industry generated total revenues of CNY2.985 trillion (US$485 billion) in January-October 2014, growing 20.3% on year, according to the Ministry of Industry and Information Technology (MIIT). The total value for exports of software products and services in the same period was US$39.8 billion, accounting for 8.21% of the total revenues and rising 15% on year.
NEW DELHI: IT services market in the country grew at a slower pace of 7.4 per cent to Rs 22,826.2 crore ($ 3.76 billion) in the January-June 2014 period, mainly due to political and economic uncertainty amid Lok Sabha polls, research firm IDC said today. According to IDC, overall political developments in the country during the first half of this year had an impact on project-based services with few infrastructure deals being signed as the industry was waiting for the formation of a stable government at the Centre.
NEW DELHI: Political stability and improving economic sentiments have helped the software market in India grow by 10.7 per cent in January-June 2014 period as compared to first half of previous year, research firm IDC said today. The formation of a stable NDA government resulted in some amount of positivity in the market which reflected in IT investments by major verticals like banking, financial services and insurance (BFSI), retail, manufacturing and e-commerce, IDC said in a statement.
Smartphone shipments in the China market declined 3.1% sequentially in the third quarter of 2014 as vendors found it hard to stimulate demand for their devices due to a lack of product differentiation, and the iPhone 6 and iPhone 6 Plus were not made available till mid-October, according to Digitimes Research. Local vendor Xiaomi Technology and Korea’s Samsung Electronics were tied for the number one title in the vendor rankings in the third quarter with each having a shipment volume of over 13 million units.
Global notebook shipments by top-five brand vendors and top-three ODMs declined 15% on average in October, affected by the roll-outs of new low-priced models in the previous month, according to Digitimes Research. However, shipments by top brand vendors and ODMs alike continued to grow for a few months in a row prior to October as compared to a year earlier periods, indicating an acceleration of concentration of the notebook industry.
Last year three Indian metro cities – New Delhi, Mumbai and Kolkata were listed among world’s 25 biggest urban areas. Topping it, Gartner stated that India will become one of the world’s biggest consumer economies during the next five years and by 2014 India will have more than 1 billion mobile subscribers and will see a significant rollout of new IT infrastructure in both the public and private sectors. To reinstate that prediction, enterprises across cities have started to witness an increasing inclination towards technologies which is a result of the confluence of social, mobile, cloud, Big Data, analytics and virtualization.
WASHINGTON: Global smartphone sales grew at a healthy pace in the third quarter, boosted by low-cost handsets in emerging markets, industry research showed on Thursday (Oct 30). The research firm IDC said global smartphone shipments jumped 25.2 percent from a year earlier to 327.6 million in the quarter, and were up 8.7 percent over the second quarter. “Despite rumours of a slowing market, smartphone shipments continue to see record-setting volumes,” said IDC’s Ryan Reith.
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.