Displaying items by tag: Prachir Singh

Over the nine years from 2014 to 2022, India's production of mobile phones has grown to a cumulative two billion units, the technology analyst firm Counterpoint Research says, adding that this represents a compound annual growth rate of 23%.

Smartphone shipments to India have fallen during the third quarter, by 5% year-on-year, to 47.5 million units, in keeping with the global trend, the technology analyst firm Canalys reports.

India has recorded a big rise in smartphone shipments during the first quarter of 2021, but this is likely to be reversed just as sharply during the second quarter, as the coronavirus takes a vice-like grip on the country.

Smartphone shipments in India, the second largest market after China, grew to 53 million units in the third quarter of 2020, the highest it has reached for a single quarter, the technology analyst firm Counterpoint Research says, adding that this represented a 9% rise year-on-year.

A drop in the decline of smartphone shipments in June, when there was only a small fall of 0.3% year-on-year, ensured that Indian smartphone shipments would recover to some extent in the second quarter and end with 18 million units, the technology analyst firm Counterpoint Research says.

The cloud services market grew to an estimated US$86 billion in 2018, the tech analyst firm Counterpoint Research says, adding that it expected double-digit growth for the next five years.