India's tablet PC market to cross $2 billion in 2013
04 October 2013
The market for tablet PCs in India is expected to cross $ 2 billion this year with the increasing preference for tablets in education and enterprise sectors, global research firm TechSci Research said in a report.
"The acceptance and usage of tablet PCs in various sectors will contribute to the market growth and it is expected that India Tablet PC market will cross $2 billion revenues by the end of 2013," the report said.
Increasing acceptance of tablet PCs in the education sector, private enterprises and growing demand from the smart phone and laptop users would drive the market for the product in the coming years, it added.
India, one of the fastest growing economies, and both a source and end-user of new technologies with its booming service industry, needs easy and fast networking technology and the demand for lightweight computing devices is now on the rise.
Apex body of electronics manufacturing companies, MAIT, which represents India's IT hardware industry, training and R&D services sectors, said tablet sales in 2012-13 stood at 1.9 million units as against 0.36 million units in 2011-12 , a 427 per cent growth.
According to CyberMedia Research (CMR), the Indian tablet market grew 107.4 per cent year-on-year to over 1,150,000 tablets in the second quarter this year. The overall Indian tablet market, according to global research firm IDC, reached about 2.66 million units last year and is expected to touch 6 million units in 2013, with low cost tablet space and a slew of public sector projects driving the market.