Indian ecommerce is expected to grow five fold reaching USD 300 billion by 2030, with third-party logistics providers anticipating a surge in shipments to 17 billion over the next seven years, according to a recent Redseer report. The report indicates that with third-party logistics (3PL) expansion, the cost per shipment is expected to decrease by […]
Global smartphone shipments declined 7.8 per cent on a yearly basis to 265.3 million units in the second quarter of 2023 (April-June), preliminary data from the International Data Corporation (IDC) showed. International Data Corporation (IDC) is a global market intelligence and advisory services provider. With this, it marks the eighth consecutive quarter of contraction as […]
Indian brand Fire-Boltt surpassed electronics major Samsung in global smartwatch shipments to reach the second position in the global market behind Apple. Fire-Boltt’s shipments increased by approximately three times compared to the previous year and saw a 57 per cent growth compared to the previous quarter. This growth happened parallelly to the growth in shipments […]
Over 25 million wearable units were shipped in India in January-March 2023 quarter, registering a strong 80.9 per cent year-on-year growth, according to the International Data Corporation’s (IDC) India Monthly Wearable Device Tracker. However, data showed shipments remained flat quarter-on-quarter following a strong October-December 2022 quarter. Smartwatch (inclusive of basic and advanced) continues to be […]
Tech giant Apple’s personal computer shipments during January-March 2023 quarter declined over 40 per cent on a yearly basis owing to weak demand and weak macroeconomic fundamentals, data compiled by International Data Corporation (IDC) showed. International Data Corporation (IDC) is a global provider of market intelligence and advisory services. Apple’s PC shipments dropped the most […]
