Indian PC Market to show Double Growth than the World
Released on = April 13, 2007, 3:56 am
Press Release Author = Shushmul Maheshwari
Industry = Electronics
Press Release Summary = It's expected that Indian PC market will show a growth rate, which will be double compared to the world PC market in 2007.
Press Release Body = PC market in India will likely grow at 20%, almost double of global PC market this year, as per Gartner, the research firm. However, the growth in Indian PC market will be five percentage-points lower in comparison to what it was last year (2006).
Gartner forecasts that PC makers will ship 255.7 million units worldwide this year, a 10.5% increase from 2006. Revenue, on the other hand, is projected to increase only 4.6% to US$213.7 billion, as average selling prices continue to drop.
In 2007, worldwide shipments of PCs are expected to increase 10.5% from last year to reach 255.7 Million units. On the other hand, the revenues are anticipated to grow just 4.6% and reach US$ 213.7 Billion with continuous decline in average selling prices. Emerging markets will play a key role in this growth.
"Emerging markets and mobile PCs will continue to provide growth. However, falling average selling prices (ASPs), slowing replacement activity, and further declines in mature market desk-based PC shipments will keep PC vendors under pressure to rationalize their operations or exit the market," as per George Shiffler, research director with Client Platforms Markets Group of Gartner Dataquest. The statement appeared in IndiaTimes Infotech on March 21, 2007.
According to IDC, the Indian PC shipments grew 25% in 2006. Commenting on the India market, Diptarup Chakraborti, principal analyst at Gartner India, said in a statement published by IndiaTimes Infotech on March 21, 2007, "The consumer and the SMB segments will be the major drivers of the Indian market. High demand for mobile PCs bolstered the growth, overtaking sales in the desk-based segment. In addition, with a greater focus given to e-governance, the government spend is expected to propel the market further."
As said by IDC, PC shipments in India increased 25% in 2006.
"The consumer and the SMB segments will be the major drivers of the Indian market. High demand for mobile PCs bolstered the growth, overtaking sales in the desk-based segment. In addition, with a greater focus given to e-governance, the government spend is expected to propel the market further", said Gartner India's principal analyst, Diptarup Chakraborti while commenting on Indian market. IndiaTimes Infotech published this statement on March 21, 2007.
As per the RNCOS report "Portable Electronics Market - Worldwide (2006)", "A fundamental move toward mobile computing going on in the market is making significant contribution to the top line growth."
This research report on "Portable Electronics Market - Worldwide (2006)" provides extensive research and objective analysis of the Portable Electronics Market. The report addresses some interesting issues for today's global business environment such as major market trends in the mobile electronics industry, opportunities and challenges faced by the industry etc.
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