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The publisher brings years of research experience to the 6th edition of this report. The 144-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Smart Plug Market to Reach $15 Billion by 2027
Amid the COVID-19 crisis, the global market for Smart Plug estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$15 Billion by 2027, growing at a CAGR of 35.3% over the analysis period 2020-2027.
Innovators, one of the segments analyzed in the report, is projected to record a 34.3% CAGR and reach US$5.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Early Adopters segment is readjusted to a revised 33.1% CAGR for the next 7-year perio
Josh Horwitz, Sayantani Ghosh
(Adds Huawei denial in paragraph 10, graphic)
Jan 28 (Reuters) - Apple Inc’s smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world’s biggest seller, while those for Huawei plunged as U.S. sanctions took effect.
An expanded number of models and a new look for the iPhone 12 lineup, Apple’s first 5G-enabled devices, tapped pent up demand for upgrades, especially in China.
Shipments hit 90.1 million phones, a record for any quarter, giving it global market share of 23.4%, data from research firm IDC showed.
“In China, Apple seized the perfect opportunity to capture Huawei’s market share in the high end, when the latter has essentially not enough supply even though demand for the brand is still there,” said Nicole Peng, who tracks China’s smartphone market at Canalys.
Apple Inc's smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world's biggest seller, while those for Huawei plunged as U.S. sanctions took effect.
THE STANDARD By
Reuters |
January 28th 2021 at 12:12:05 GMT +0300
Apple Inc s smartphone shipments jumped 22 per cent to record levels in the fourth quarter, making it the world s biggest seller, while those for Huawei plunged as U.S. sanctions took effect.
An expanded number of models and a new look for the iPhone 12 lineup, Apple s first 5G-enabled devices, tapped pent up demand for upgrades, especially in China.
Shipments hit 90.1 million phones, a record for any quarter, giving it global market share of 23.4 per cent, data from research firm IDC showed. In China, Apple seized the perfect opportunity to capture Huawei s market share in the high end, when the latter has essentially not enough supply even though demand for the brand is still there, said Nicole Peng, who tracks China s smartphone market at Canalys.