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IDC predicts upgrades driven growth

Offline retail channel for smartphones expected to bounce back in 2021, say analysts SECTIONS Share Synopsis Growth in the online channel has jumped in the last three years – growing from 38.4% share in 2018, to 41.7% in 2019 and is estimated to be 45% in 2020. In fact, it outperformed the offline sales in the month of October, crossing 51% for the first time, according to data from IDC. Agencies NEW DELHI: The offline retail channel is expected to bounce back in 2021 to an extent, driven by the smaller towns and cities, and contribute some 60% to smartphone sales, as major brands such as X...

India’s smartphone market registered record growth in October driven online sale festivals: Report December 20, 2020 × The Indian smartphone market registered a record growth in shipments in October driven by multiple online sales festivals and pent-up demand according to the International Data Corporation (IDC) India Monthly Smartphone Tracker. As per the report, India's smartphone market registered a year-over-year (YoY) growth of 42 per cent in October with 21 million units shipped. “The growth was driven by multiple online sale festivals and continuing pent up demand from 3Q20. This...

BW Businessworld India's Smartphone Market Up 42% In Oct With Shipment Of 21 Million Units: IDC It expects the smartphone market to see a single-digit decline in final consumer sell out in 2020 on a full year basis. Photo Credit : India smartphone market grew 42 per cent with shipments of 21 million units in the month of October - the second highest for a month - driven by multiple online sale events, research firm IDC said on Thursday. IDC said it expects the smartphone market to see a single-digit decline in final consumer sell out in 2020 on a full year basis. According to IDC, the growth...

Redmi 9 Power review Indian smartphone market recorded a year-on-year (YoY) growth of 42 percent in October 2020 despite the ongoing pandemic due to COVID-19, according to the International Data Corporation (IDC) Monthly Smartphone Tracker. In Q3 as well, the top five smartphone vendors were Xiaomi, followed by Samsung, Vivo, Realme, and Oppo like the previous quarter in 2020. Also Read - 11.4 million wearables shipped globally in Q1, 2015: IDC Further, a massive 21 million smartphone units were shipped, which is the highest ever October shipments, IDC said in a press statement. This is al...