IDC expects 2023 to remain flat or register single-digit growth led by the upcoming festive season. A plethora of offers or discounts are expected to ensure a healthy second half of the year.
New Delhi: The global revenues for the artificial intelligence (AI) market, including software, hardware, and services, is forecast to grow 19.6 per cent (on-year) in 2022 to $432.8 billion, according to a new report. The market is expected to break the $500 billion mark in 2023, reports International Data Corporation (IDC). AI solutions are currently […]
However, shipment value during the quarter declined 5.1 per cent to $11.1 billion, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker on Friday.
In 2024, the country's spending on IoT will account for 26.7 per cent of global spending in the sector, followed by the United States at 23.8 per cent and western Europe at 23.4 per cent, IDC data showed.
This is the highest ever October shipments and the second highest for a month, following 23 million units in September 2020, an all-time high for a single month, said the report.
India was the only smartphone market in the top 3 to witness growth, as both the China and the US markets declined year-over-year in the July-September quarter, said IDC's Quarterly Mobile Phone Tracker.
Apple shipped 13.9 million units in Q3 to lead the tablet market once again with 29.2 per cent share while Samsung regained the second position with shipments of 9.4 million units and year-over-year growth of 89.2 per cent.
