Hyderabad: There will be more than one billion personal computers in use worldwide by the end of 2008 according to a new report `Worldwide PC adoption forecast 2007 to 2015'' from Forrester Research.

The report added that while it took 27 years for first billion PCs, the next billion is likely to come within next five years.

The emerging Brazil, Russia, India, and China (BRIC) market will account for more than 775 million new PCs by 2015. F

orrester predicts that there will be more than two billion PCs in use by 2015, representing more than 12 per cent compound annual growth rate (CAGR) between 2003 and 2015.

The report stated that vendors are used to the predictability of buyers in mature markets, but high volume launches into emerging markets are risky and vendors won''t have the luxury of introducing products on a small scale to test the market before going into full production because the economics will force suppliers to focus on bringing volume to market more quickly at much greater risk.

The Forrester report notes that there is need for the PC industry to scale production enough to ship five times the number of systems at one-fifth the cost and arm these emerging markets with the low-cost product required for the PC market to take off.