IDC: Indian market drops 2% in 2020, strong H2 counters weak H1 - Latest News Today, Breaking News, National News, World News, News Hindi, Tech News, Bollywood

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Monday, February 15, 2021

IDC: Indian market drops 2% in 2020, strong H2 counters weak H1

In its latest market report, IDC focuses on the performance of the Indian smartphone market in 2020. The first half of the year, which was marked by the lockdowns and restrictions at the beginning of the current pandemic, saw a 26% year-over-year decline in shipments, while the second half of 2020 saw a recovering market push to a 19% YoY growth. The resulting nearly 150 million phones shipped are a decline of just -1.7% YoY, which is the first after several years of growth for the Indian market. IDC projects that 2021 will bring an increase in shipments of around 10% over 2020. The...



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