New Delhi, Oct. 20 (Business Wire-ANI): The Indian tablet market is expected to grow at a Computerised Annual Growth Rate (CAGR) of 40 percent over the next 5 years, a new study has said.
MAIT, the apex body representing India's IT hardware, training and R and D services sectors, announced the findings of its first ever 'Tablet Study' on the device's revolution underway in the Indian market, as it celebrated 30 years since its inception in 1982.
Dr. Alok Bhardwaj, President, MAIT said that "with the introduction of several national and international brands of tablet in India, the market is witnessing a revolution of sorts with these devices changing the way services are delivered in various other sectors such as education, healthcare and governance."
"The tablet market is the new blue-eyed growth opportunity in India. It is fast becoming one of the drivers of rapid growth in the IT content consumption and hardware sector in India," Bhardwaj said.
"Tablets will soon enable and empower even our rural areas with services bridging the last mile connectivity gap through these devices. We expect the market to touch 1.6 million units in the current financial year and grow to touch 7.3 million units by 2015-16," he added.
The firm's Vice President, J V Ramamurthy said that apart from being a consumer lifestyle product, "I see a huge uptake of the tablet in the education segment and it is a device which has all the potential to revolutionize the education system."
"The tablet market is expected to grow at around 40% CAGR annually over the next 5 years. It is an evolving market and we expect to see the emergence of value based tablet devices as an important segment. Also the developing ecosystem for this device will ensure that tablets as a computing device will become an integral part of human lives," Ramamurthy added. (Business Wire-ANI)
|
|
Comments:
