Press release -
India tablet PC market: 33% CAGR expected between 2013-2018
It has been forecasted that the India tablet PC market will grow at a CAGR of 33% by 2018. The tablet PC market is expected to witness increasing demand from various industries such as small and medium businesses, educational institutes, food service industry etc. The market for tablet PCs in the education sector is already growing extremely well as a result of government initiatives aimed at providing affordable tablets to students at schools and educational institutes. Several companies such as Datawind, Micromax, and HCL etc. are specifically focussing on designing affordable tablets for the education sector. There are several international and local players which are planning to enter the Indian Tablet PC market over the next few years. The major players operating in the market include Micromax, Karbonn and Lava.
With the launch of the first Tablet PC named iPad by Apple in 2010, the tablet PCs gained widespread popularity across the world with India being no exception to it. Tablet PC market in India is growing radically because of the various reasons such as increasing demand for portable devices, rising disposable income, large and young population base, etc. However, unlike rest of the mature markets, Indian market is not dominated by Apple or Samsung rather the sales for 7 inches Tablet PC's from domestic manufacturers are more prominent. Tablet PC market in India has emerged as one of the most competitive markets after China with a lot of large and medium size companies launching their Tablet PC brands to capitalise upon this emerging opportunity.
For more information on the India tablet PC market, see the latest research: India Tablet PC Market Research
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