With growing consumer preference to shop online, domestic handset maker Micromax expects 25 percent of its smartphones sales to come from eCommerce platforms over the next two years.
Emerging countries in regions like India and China will help smartphone sales jump close to 24 percent this year to 1.25 billion, even as the growth pace slows down in mature markets, research firm IDC said.
The crowded Indian smartphone market, which currently has over 20 brands selling their devices, will not be able to support more than six successful firms in the long run, former CEO of tech giant Apple John Sculley said.
Japanese tech giant Panasonic today said it plans to introduce as many as 15 new devices in the next few months as it aims to garner five percent share of the Indian multi-billion dollar smartphone market.
Market for Bring Your Own Devices to work will continue to witness strong growth this year in the Asia Pacific region, driven by burgeoning smartphone sales and tablets in the consumer segment, research firm IDC said.
Fuelled by the growth of low-cost handsets in emerging markets like India, smartphones sales is expected to reach 1.2 billion - a 23.1 percent increase over 2013 - by the end of 2014, a latest survey from International Data Corporation (IDC) said. Emerging markets like India, Indonesia and Russia will drive smart phone sales for the next few years, the US-based research and advisory firm stated.
The size of the domestic smartphone market is expected to touch 52 crore by 2020 from 9 crore in 2013, a top executive of global mobile broadband services provider Ericsson has said. "A strong user base and high-speed broadband connectivity will fundamentally change the way people live, interact and do business, with consumers expecting data connectivity at all times, everywhere.
According to Strategy Analytics's shipping figures for the first quarter of the year, published on Tuesday, a massive 285 million handsets shipped, up 33 percent on the same period last year, and most of the growth is thanks to continuing demand for Smartphone s in Asia. Yet, despite this growth, Samsung saw its market share drop from 32 percent to 31 percent while Lenovo, the company that is in the process of acquiring Motorola, saw its share jump from 4 percent to 5 percent.
Growth in global smartphone sales is slowing, pressuring manufacturers to bring down prices to win customers in new markets, IDC's latest report suggests.
BlackBerry is struggling hard to survive and now it seems that the company is losing its hold even in India, which had been considered to be among a few markets where it was doing relatively well. ET has highlighted some findings of IDC s latest report, which shows that the Canadian company has witnessed a sharp fall in the number of smartphone units sold to retail channels in India in the third quarter of this year. The company s handset sales were recorded to slouch down to less than half of the numbers recorded in the second quarter. It sold off slightly over 68,000 units, down by 55 percent, in the July-September quarter of the year 2013, as compared to the 1.5 lakh units sold a quarter before. BlackBerry, however, disputes IDC's numbers.
Windows Phone is India's second most popular smartphone operating system, according to IDC Asia Pacific mobile phone tracker. In the quarter ending June 2013, Windows Phone had 5.6 percent market share, which is more than that of BlackBerry and iOS.
Worldwide smartphone sales have finally surpassed feature phones in the second quarter of 2013, according to the latest Gartner report. The findings of the report include that Microsoft s Windows Phone has finally toppled BlackBerry to take the latter's third place, only after Android and iOS, in the worldwide operating system share. A few days back, IDC report on the shipment of devices also showed a growth in the Windows Phone adoption.
The findings of the International Data Corporation s new report suggests that Google s Android now tops the OS chart with close to 80 percent market share, which is 10 percent up from last year, and 187.4 million unit shipments in the second quarter of the year 2013. The OS is believed to be growing at 73.5 percent year-on-year growth rate, which is the second highest growth rate recorded after Windows Phone at 77.6 percent. And while Android and Windows Phone continue to grow, Apple is reportedly facing a plunge in the year on year growth in the worldwide smartphone OS market. BlackBerry OS is the most hit in the market with -11.7 percent year-on-year growth rate and has lost almost 40 percent of its market share from Q2, 2012.
In the second quarter of this year, more than 238.1 million smartphones shipped globally, which is a near 50 percent increase from Q2 last year, according to Canalys. What s interesting though is that India was the fastest growing market growing by about 129 percent and became the world s third largest smart phone market.
At its annual shareholder meet, BlackBerry CEO Thorstein Heins revealed that he was still open to licensing deals or even an outright sale of the company reports Reuters.
According to a latest report published by Cyber Media Research, India has shipped more than 166 million handsets in 2011. The size of the smartphone market was 10 million units, approximately 6 percent of the total Indian mobile market. Nokia led the smartphone market last year with a whopping share of 38.4 percent. After the Finnish giant, Samsung and RIM managed to grab the second and third spots with a share of 27.5 percent and 15.5 percent respectively in the smartphone market. Since the Nokia Lumia 800 and the Lumia 710 were launched later in November, their impact on the smartphone market is yet to be monitored. However, if the figures from the month of November alone are to be considered, then its Samsung who had shipped the maximum number of smartphones. Hit the break to continue reading.
While Apple owns the largest share of handset shipments and profits among the world’s top smartphone vendors, Android is still the No. 1 smartphone operating system on the planet by a wide margin. Market research firm Canalys on Monday released its second-quarter smartphone figures, reaffirming impressive growth across the global smartphone industry. The firm says the worldwide smartphone market grew 73% year-over-year to more than 107.7 million units shipped last quarter, and Android lead the market in 35 of the 56 countries Canalys tracks. According to the firm’s estimates, Android shipments in the second quarter ballooned 379% over the same quarter last year to 51.9 million units. This impressive growth helped Android gain 48% of global smartphone shipments in the quarter. With 20.3 million iOS smartphones shipped in the June quarter, Apple’s mobile OS topped Symbian to steal the No. 2 spot with a 19% share of the global market. BlackBerry shipments grew 11% in Q2 though RIM’s global share slid, and Microsoft, still waiting for Nokia to launch its first batch of Windows Phones, shipped fewer than 1.5 million devices last quarter to take just 1% of the market down 52% year-over-year. Canalys also notes that Apple was the top smartphone vendor in the second quarter, while Samsung grew 421% year-over-year to take the No. 2 spot with 17 million smartphones shipped. Canalys’ full press release follows below.
Continued strong sales of Apple’s blockbuster smartphone have propelled the Cupertino-based company into the No. 1 spot globally. As noted by the Financial Times, Apple shipped 20.34 million iPhone handsets last quarter, up from 18.7 million units in the first quarter of 2011. Meanwhile Nokia’s smartphone shipments dropped from 24.2 million units in the first quarter to just 16.7 million smartphones in the June quarter 3.64 million fewer smartphones than Apple. With just two smartphone models currently available for sale, Apple had already been the world’s top smartphone vendor by revenue and profits. The June quarter marks the first time the company has managed to out-sell Nokia by volume, however.
Nokia CEO Stephen Elop on Thursday best summarized Nokia’s second quarter earnings: “our Q2 results were clearly disappointing.” The Finnish phone vendor saw operating profit slide a worrisome 44% to 391 million in the second quarter, down from 704 million in the first quarter and 660 in the second quarter last year. Revenue dipped 11% sequentially to 9.275 billion and EPS was cut in half to $0.06. Revenue from smartphone sales dropped 33% to 2.368 billion on shipments of 16.7 million units, down 34% from the same quarter in 2010 when Nokia shipped 25.2 million smartphones. Nokia still managed to top Wall Street’s expectations for the quarter, however, thanks to royalties from a patent settlement with Apple. “The challenges we are facing during our strategic transformation manifested in a greater than expected way in Q2 2011,” said Nokia CEO Stephen Elop in a statement. He continued, “While our Q2 results were clearly disappointing, we are executing well on the initiatives that are most important to our longer term competitiveness. Some progress is already evident, and thus we are targeting to end this year with more net cash and liquid assets than at the end of Q2 2011. We firmly believe that our deliberate and unwavering commitment to making the changes necessary at Nokia is the right way to deal with the disruptive forces in our industry and drive value creation for our shareholders.” Nokia’s full earnings release follows below.