Saturday, Apr 27 2024 | Time 07:15 Hrs(IST)
image
Business Economy


Poor demand pulls down India Tablet Market in Q1 of 2017: IDC India

Poor demand pulls down India Tablet Market in Q1 of 2017: IDC India

New Delhi, May 31 (UNI) According to the latest International Data Corporation (IDC) Quarterly Personal Computing Device Tracker, 701,000 tablets were shipped in India in the first quarter (Q1) of 2017 registering a drop of 2.2 percent from 716,000 units in the previous quarter. Tablet shipments in the consumer segment also declined 28 percent in Q1 2017 compared to the same period last year and resulted in a sharp 18.6 percent year-on-year (YoY) drop in total tablet shipments in India. IDC report said that the commercial segment accounted for one-third of total tablet shipments in India. According to Celso Gomes, Associate Market Analyst, Client Devices, IDC India, "The commercial segment is the key driver for offsetting the declining consumer shipments in India. Due to growing digital proliferation across industries, commercial segment especially large enterprise, government and education sectors, are expected to increase their demand for tablets. This will drive vendors to focus more aggressively in gaining market share in the commercial market to sustain the India tablet market." Tablets with 4G based connectivity accounted for around 39.2 per cent in Q1 2017, up from 15.3 percent from Q1 2016. For the first time in recent years, the share of 7to 7.9 inch tablets dipped to 70 percent in Q1 2017 whereas 8 to 8.9 inch tablets contributed to 12.3 percent of the total tablet shipments in Q1 2017, up from 8.9 per cent in Q1 2016, primarily driven by consumer segment. Shipments of 10 inch plus tablets were up by 43 percent YoY in Q1 2017 to account for 11.6 percent of market share. Detachable tablets still account for a nominal share of the total tablet market, driven primarily by the consumer segment. Acer continued to dominate this product category, followed by Apple's iPad Pro. Tablets sold through online channels accounted for 35 percent of the total tablet shipments in Q1 2017. UNI ADP RSA SNU 1512

More News
Sensex nosedives 609 28 pts

Sensex nosedives 609 28 pts

26 Apr 2024 | 5:26 PM

Mumbai, April 26 (UNI) Snapping a winning streak of last five sessions, the BSE Sensex on Friday, the last session of the week, tanked 609.28 pts to settle at 73730.16 amid mixed global cues.

see more..
Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

Maruti Suzuki net profit surges 48 pc to Rs 3,878 crore in Q4

26 Apr 2024 | 5:00 PM

New Delhi, April 26 (UNI) On the back of solid volume growth, the country's largest carmaker Maruti Suzuki on Friday reported 47.80% jump in standalone net profit at Rs 3,877.8 crore for January-March period (Q4) of financial year 2023-24.

see more..

Shriram Finance net jumps 57 pc to Rs 2,021 cr in Q4

26 Apr 2024 | 3:52 PM

New Delhi, April 26 (UNI) Shriram Finance on Friday reported 56.91% year-on-year jump in consolidated net profit at Rs 2,021.28 crore for the January-March period (Q4) of financial year 2023-24.

see more..
Maruti Suzuki gets show-cause notice from Legal Metrology dept

Maruti Suzuki gets show-cause notice from Legal Metrology dept

26 Apr 2024 | 2:39 PM

New Delhi, April 26 (UNI) The country's leading carmaker Maruti Suzuki India on Friday said that it has received a show-cause notice from the Legal Metrology office in Rishikesh, Uttarakhand.

see more..

Onkar Kanwar gets Lifetime Achievement Award

26 Apr 2024 | 2:08 PM

Kochi, April 26 (UNI) Chairman of Apollo Tyres Ltd, Onkar Kanwar, has been conferred with the Lifetime Achievement Award at the All India Management Association (AIMA)’s Managing India Awards ceremony.

see more..
image