Global cellular IoT connections reached 3.3 billion in 2023, a 24% increase from the previous year. By 2030, the number is expected to exceed 6.2 billion. China accounted for 70% of global cellular IoT connections in 2023, but its share of connectivity revenues was only 36%. By 2030, Connected Cars, Smart Meters, and Smart Retail are expected to account for over 60% of the total market share for cellular IoT applications.
IoTCounterpoint | Rating: 53 | 2024-09-19 08:40:46 AM |
Xiaomi has overtaken Apple to become the world's second-largest smartphone brand in terms of monthly sell-through volumes, with 22% year-over-year growth in sales volumes in the first half of 2024. Although its sales remained flat month-over-month in August, Apple's seasonal decline helped Xiaomi reach the second spot. Xiaomi is expected to record strong double-digit growth for the full year of 2024.
TechXiaomi | Rating: 62 | 2024-09-18 04:30:23 AM |
Counterpoint Research's Senior Analyst, Tina Lu, will be speaking at Telco AI 2024 on September 19, 2024, at 7:00 am PT. The session will cover the evolution of the telco ecosystem, focusing on the convergence of AI in smartphones and IoT. The event explores the introduction of AI into 4G and 5G networks, optimizing efficiency and performance.
AICounterpoint | Rating: 57 | 2024-09-17 12:20:46 PM |
The Telecom Centre of Excellence (TCoE) under the Department of Telecommunications (DOT) is organizing a 5G & 6G Hackathon on September 26th and 27th in Delhi, Bangalore, and Hyderabad. Neil Shah, our Vice President of Research, will be attending and participating as a mentor. The event aims to bring together innovators, industry leaders, and academics to explore next-generation telecom technologies.
TechTCoE | Rating: 51 | 2024-09-17 12:11:06 PM |
Counterpoint Research's Vice President Neil Shah will be moderating a panel discussion at ET Telecom's 5G Industries Innovation Summit on September 20, 2024, at ITC Maurya in New Delhi. The panel discussion, titled 'RedCap - Making IoT Work for 5G', will feature experts from Department of Telecommunications, Jio Platforms, and COAI. The event will take place at 12:30 PM IST.
EventCounterpoint | Rating: 53 | 2024-09-17 10:00:38 AM |
Amazon India sponsored a consumer study to understand purchase preferences for consumer electronics during India's 2024 festive season. The survey collected responses from 2,001 individuals across tier 1, tier 2, and tier 3 cities, representing a diverse group. The study analyzed consumer preferences across product categories, planned budgets, preferred channels of purchase, motivations for buying, and key parameters for eCommerce platform suitability.
E-commerceAmazon | Rating: 50 | 2024-09-17 08:00:28 AM |
The global cellular IoT module market saw an 11% year-over-year growth in Q2 2024, driven by strong demand in China, where shipments increased by 25% YoY. 4G Cat 1 bis is the fastest-growing segment, capturing 42% of the market, led by demand from China and India. Qualcomm remained the market leader, while ASR doubled its market share due to its low-cost 4G Cat 1 bis chipset offerings.
HardwareIoT | Rating: 53 | 2024-09-17 06:00:35 AM |
Meta's Meta Quest 3 drove 37% YoY shipment growth, while Sony's PlayStation VR2 (PSVR2) and Apple's Vision Pro saw declines. Global VR headset shipments fell 4% YoY in Q2 2024, with the top three players accounting for over 90% of the market.
AIMeta | Rating: 62 | 2024-09-13 05:00:31 AM |
In 2023, SMA OIS actuator shipments exceeded 700 million for the first time. Cambridge Mechatronics Ltd. (CML) has been gaining design wins due to its advantages in size, actuation force, number of components, and freedom from EMI. The company's SMA Lens Shift AF+OIS technology is expected to have a greater presence in the sub-$500 price bands. HONOR CEO George Zhao introduced the company's new camera system at the launch of the Magic V3 and Magic Vs3 smartphones on July 12, 2024.
AISamsung | Rating: 58 | 2024-09-12 11:40:45 AM |
China led the global kids smartwatch market with a 64% share, while North America's shipments grew 1.5x due to Fitbit's launch and expansion by operators and other brands. Imoo led the segment globally with a 48% share, driven by a strong presence in China and Asia-Pacific. The kids smartwatch segment is expected to outperform the broader market in 2024 with 7% growth.
HardwareImoo | Rating: 42 | 2024-09-12 10:50:32 AM |