E-commerce solution provider Baozun has agreed to acquire specialty apparel maker Gap Greater China for US$40 million. Since it opened its first China store in 2010, Gap Greater China has grown in reach and brand […]
Tag: Greater China
Global PC market to dip 9.5% in 2022
Inflation. War. Supply chain challenges. All these will contribute to a projected decline of the global PC market by 9.5 percent in 2022. The current global climate is significantly impacting consumer demand the region, according […]
Apple shuts all stores outside Greater China
In a surprising reversal, Apple has announced that the temporary closure of all its stores outside of Greater China to prevent the spread of COVID-19. It’s interesting in that Apple has just re-opened its China stores.
Strong demand for 5G to drive APAC smartphone sale in 2020
5G is expected to boost smartphone sale, particularly in the Asia-Pacific region, in 2020. Greater China and emerging Asia-Pacific will retain the top two positions globally with respective sales of 432.3 million and 376.8 million smartphones this year, according to Gartner.
Apple misses Q1 revenue projection
Apple has lowered its revenue guidance for Q1 to US$84 billion, down from the earlier projection of between US$89 billion and US$93 billion.
Huawei and Xiaomi lead smartphone growth in Q1
China smartphone makers Huawei and Xiaomi grew strongest as the market recovered in Q1, according to Gartner.
Large screen smartphones gaining popularity
The numbers are clear. Big is getting more popular. Large screen smart phones (five-inch and above) accounted for 22 percent of the quarter billion smartphones shipped in Q3. This is the highest number ever and translates to a staggering 56 million units.
Samsung is the dominant player in the large screen segment. Breaking this down further, 66 percent of the 56 million smart phones had a five-inch display, 31 percent had screens between five and six inches while just three percent had six-inch or larger screens.
According to Canalys, the smartphone market grew 44 percent year-on-year in Q3. The top two vendors, Samsung and Apple, maintained their positions, with market shares of 34 percent and 15 percent respectively. Huawei, Lenovo and LG completed the top five.
Worldwide IT outsourcing market to grow to US$288b in 2013
The worldwide IT outsourcing (ITO) market is predicted to reach US$288 billion in 2013, a 2.8 percent increase from 2012, according to Gartner. Compared with Gartner’s previous forecast, nearly all ITO segments are now forecasted to grow more slowly this year.
Gartner’s forecast includes slight upward revisions for both custom application outsourcing and infrastructure utility services (IUS) for 2014 through 2017. Although software as a service (SaaS) impacts the ITO market, it is forecasted as part of the software market, rather than as part of the ITO market.
“We continue to see overall market growth being constrained by near-term market factors, such as evolving ITO delivery models, economic, political and labor conditions, and service provider financial performance,” said Bryan Britz, Research Vice President at Gartner. “Mature Asia/Pacific and Western Europe are the regions where the outlook is most tempered, partly due to currency but also reflective of our view that 2013 is likely to be similar to 2012 in these regions.”
Gartner: Indian public cloud services market to hit US$443m in 2013
Looks like the public cloud services market in India is growing fast. According to Gartner, this market is expected to grow 36 percent from US$326 million in 2012 to US$443 million in 2013.
Infrastructure as a service (IaaS), including cloud compute, storage and print services, continues as the fastest-growing segment of the market in India, growing 22.7 percent in 2012 to US$43.1 million, and is expected to grow another 39.6 percent in 2013 to US$60.2 million.
Software as a service (SaaS) continues to be the largest segment of the cloud services market in India, comprising 36 percent of the total market in 2012. Gartner predicts that from 2013 through 2017, US$4.2 billion will be spent on cloud services in India, US$1.6 billion of which will be spent on SaaS.