Offline smartphones sales reached 2019 levels in 2022
The offline channel growth of smartphones reached 2019 sales levels in 2021. In 2022, it is projected to grow by 25-30% over 2021 by value in offline channels; thus, the year ahead looks optimistic complemented by festive season sales. All of this is possible due to, we Indians, coming to Normalcy 38% faster than the rest of the world Say experts.
The contribution of the +20K price band category has evolved from approximately 17% in 2017 to 40% in H1’22 in the offline market. This signifies that there is a 2.5X jump in the contribution of +20K handsets from 2017.
The 20k+ price segment shows growth across all tier cities- with Tier 4 cities witnessing maximum growth in the price segment in H12022 vis-à-vis H12019 at a staggering 240% growth followed by Tier 3 cities with 186% growth, Tier 2 at 162% growth, and 86% growth in Tier 1 cities. Tiers 5 and above cities witnessed over 120% growth. The contribution in the same time period was led by Tier 1 cities at 59%.
The GfK’s Consumer Life Study 2022 surveyed amongst the Indian urban consumers, especially the younger demographic, it was observed that 64% like to be seen with the latest tech products. While 46% of them used an electronic payment service like UPI, Paytm, or GPay.
Post-pandemic, the element of convenience is a big factor that influences purchase decisions - 62% of Indian consumers want tech which knows them and can make recommendations, thereby making their day-to-day life easier. These trends cumulatively can offer to be a tailwind opportunity for smartphone retailers in the Indian market.
The ASP of smartphones has increased up to 34% in 2021 vs 2017 while it increased 65% in 2022 Q2 vs 2017 Q1. This positive uptick is an opportunity for both manufacturers and retailers to garner profit in the coming quarters.
Today's Headline in NewsHours
0:00 Intro
2:50 #PayU terminates BillDesk’s $4.7 Billion acquisition deal
3:22 #Lenovo introduc
#Wipro #Infosys #Lenovo #Varindia #TechMahindra #ottplatforms #varindianewshour #BillDesk #Offlinesmartphonessales #smartphonegrowth #GfKMarketIntelligence #PayU #newAndroidtabletTabM10Plus #BalajiRao
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After making a big hue and cry about offline exams, students now want offline exams!
After making a big hue and cry about offline exams, students now want offline exams!
#Goa #GoaNews #Srudents #Exams
After making a big hue and cry about offline exams, students now want offline exams!By ingoanews | 141 views
Upcoming Smartphones list of Top 10 smartphones coming up for you in 2018
Upcoming Smartphones: Here is the list of Top 10 smartphones coming up for you in 2018.
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highest selling smartphones in the world | smartphones | Top Kannada TV
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Top 5 Smartphones With 4GB RAM, Top 5 Smartphones with 4 GB RAM in India Under Rs. 17,000
Top 5 Smartphones With 4GB RAM in India Under Rs. 17,000. here too many smartphones options available in the market and each of them has its own strengths and weaknesses, so it's understandable that it is never too easy to pick up the right smartphone for you. Choosing the best in a competitive market is a challenge, and that's what consumers are facing right now as the devices all sound so good. So here we help you choose, with the five best smartphones out there.
For more details visit http://www.thinkingtech.in/smartphones-with-4gb-ram/
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Top 5 Smartphones in 2017, Top 5 Smartphones Specifications
These are Top 5 Smartphones in 2017:- we are seeing as much as Top 5 smartphones in the affordable segment. But that also means that selecting the best Smartphone in this bracket is quite difficult because now we are spoilt for choices.
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Delhi's air pollution has reached hazardous levels
Delhi's air pollution has reached hazardous levels.
While Delhi govt and the central govt play blame games, Delhi Congress took it upon themselves to not only listen to the woes of the citizens of Delhi but also to take their complaints forward. Our Delhi is choking but does the govt care?
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Watch Delhi's air pollution has reached hazardous levels With HD QualityBy Indian National Congress | 168 views
Premium smartphones sales in India
India’s smartphone shipments declined 3% YoY in Q2 2023 (April-June). Though this decline was the fourth consecutive quarterly decline, its magnitude reduced significantly, from 19% in Q1 to 3% in Q2. The base effect, pent-up demand and improving macroeconomic conditions helped the market close at less than the expected decline. However, the premium smartphone segment presented a different picture, growing 112% Year-on-Year in Q2 to contribute a record 17% to the overall shipments. As per the report of Counterpoint research.
In Q2 2023, OEMs saw improvement in the inventory and demand situation ahead of the coming festive season. Aggressive measures were implemented by OEMs as well as channels during the quarter to clear existing inventory through multiple sales and promotions. At the consumers’ end, falling inflation and better growth prospects facilitated demand recovery.
Premium smartphones sales in IndiaBy VARINDIA | 8 views
[Mirzapur News] Union Minister, Anupriya reached the program of Shobhayatra, reached Mirzapur
अपने संसदीय क्षेत्र मिर्जापुर पहुची केन्द्रीय मंत्री अनुप्रिया पटेल राम नवमी शोभायात्रा के कार्यक्रम में लिया भाग। रामनवमी पर भगवान श्रीराम का पुजन माल्यार्पण कर शोभायात्रा का किया शुभारंभ। हिन्दू युवा वाहनी और विश्व हिन्दु परिषद के कार्यकर्तओं ने शहर में निकाली शोभा यात्रा सैकडो हाथो में नंगी तलवारे और झण्डे लेकर शामिल हुए कार्यकर्ता। जमकर लगाये नारे।
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74% of sales professionals think sales intelligence tools are critical in closing deals
74% of sales professionals think sales intelligence tools are critical in closing deals
74% of sales professionals think sales intelligence tools are critical in closing dealsBy VARINDIA | 62 views
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AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI ProcessingBy VARINDIA | 274 views
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationBy VARINDIA | 173 views
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
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3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online FraudsBy VARINDIA | 182 views
Govt./PSU
Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
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Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)By Ministry of External Affairs, India | 194319 views
Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
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Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
#CongressNuKaamBoleChe
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Launch of Gujarat Election Campaign in AhmedabadBy Indian National Congress | 170499 views
IRCTC 11
CRPF signed an MoU with the IRCTC on Railway Reserved e-ticketing system
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Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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