Dropping Demand Pushes Down India’s PC Market by 30.1% YoY in Q1’23
by Artem Alekseenko
The only sectors that saw growth were government and education.
Tags:Analytics & Tools| IDC| India| PC Market (Personal Computers - PCs)
European AR/VR Spending to Reach $4.5 Billion by 2023, Fueled by Remote Work and Collaboration
by Artem Alekseenko
According to International Data Corporation (IDC), European spending on augmented reality (AR) and virtual reality (VR) technologies is expected to show significant growth in the coming years. In 2023, AR spending is projected to …
Tags:Analytics & Tools| Augmented Reality| IDC| Virtual Reality
India Wearables Market Surges in Q1’23 with Strong Growth in Smartwatches
by Artem Alekseenko
Over 80% growth YoY with smartwatches growing to over 41% market share.
Tags:boAt| IDC| India| Market Data| Nexxbase| Oppo| Smartwatches| Wearable Market
Tablet Market Experiences Decline While Chromebook Shipments Slightly Recover in Q1’23
by Shawnee Blackwood
With vendors looking to clear out inventory before launching newer models, the first half of 2023 is projected to follow a similar trend.
Tags:Chromebooks| IDC| Market Data| tablets
Worldwide Spending on Telecom Services and Pay TV Services Grows Amid Inflation
by Artem Alekseenko
Telecom companies are increasing digitalization efforts, creating data-driven go-to-market strategies and embracing innovative business models, while also exploring new revenue streams in areas such as IoT, data centers, cloud computing, AR/VR, IT services, and more.
Tags:Analytics & Tools| IDC| Pay TV
Mixed IT Market Performance in April Amid Cloud, Digital Transformation, and Security Investments
by Artem Alekseenko
IT services growth this year will be almost 6%, as large enterprises remain committed to long-term digital transformation investments despite short-term economic turbulence.
Tags:Analytics & Tools| Forecasts| IDC| IT Market
Smartphone Shipments Decline 14.6% YoY in Q1’23, Marking Seventh Consecutive Quarter of Decrease
by Emory Kale
Experts predict a recovery in the market by late 2023, reaching positive territory in 3Q23 and double-digit growth by the holiday quarter.
Tags:IDC| Market Data| smartphone
IT and Business Services Revenue Projected to Grow 5.7% YoY in 2023
by Artem Alekseenko
The growth is attributed to stronger-than-expected vendor performance, increased government funding, growth indicators from adjacent markets, and inflation impacts.
Tags:Analytics & Tools| Forecasts| IDC
2023 Forecast for Worldwide IT Spending Lowered for Fifth Consecutive Month Due to Weakening Economy
by Artem Alekseenko
Worldwide IT spending growth, technology investments are showing the impact of a weakening economy, leading to a reduction in IDC’s 2023 forecast for the fifth consecutive month. IDC projects a 4.4% growth in constant …
Tags:Analytics & Tools| Forecasts| IDC
Asia/Pacific Tablet Market Gains in 2022, Set for Decline in 2023
by Artem Alekseenko
The Asia/Pacific tablet market experienced a 1.5% YoY growth in 2022, with 57.8M units shipped, mainly driven by consumer demand in China due to COVID-19 lockdowns and control policies. Consumer shipments grew by 4.5% …
Tags:Analytics & Tools| Asia| IDC| tablets
Foldable Phone Frenzy: Global Shipments Skyrocket to 48.1 Million Units, Hitting $42 Billion Market Value by 2027
by Artem Alekseenko
International Data Corporation (IDC) expects worldwide shipments of foldable phones, including flip and fold form factors, to reach 21.4 million units in 2023. This represents an increase of more than 50% over the 14.2 …
Tags:Analytics & Tools| Foldable Devices| IDC| Smartphones
AR/VR Headset Shipments: Modest Growth in 2023, But Soaring High Forecasted Through 2027
by Artem Alekseenko
On the heels of a weaker than expected 2022, International Data Corporation (IDC) has lowered its forecast for augmented and virtual reality (AR/VR) headsets in 2023. Global shipments are now expected to reach 10.1 …
Tags:Analytics & Tools| Augmented Reality| HMDs (Head Mounted Displays)| IDC| Virtual Reality
