India's PC and Tablet Market Set to Log 14% Growth on AI By CIOTechOutlook Team

India's PC and Tablet Market Set to Log 14% Growth on AI

CIOTechOutlook Team | Friday, 22 March 2024, 02:47 IST

India's PC and tablet market is on the rise. It is anticipated to account for a 14% year-on-year development in 2024, with artificial intelligence-empowered computers and local manufacturing becoming the dominant focal point, research by innovation market analyst company Canalys found.

The market will extend a further 15% year-on-year in 2025. This follows an 11% down in shipments in 2023, Canalys assessed, which flags areas of strength for the market after drowsiness. Vigorous training buys and the revive cycle will push development in 2024.

The final quarter of the financial 2023-2024 enlisted 4% development year-on-year, with 4.3 million units delivered. This was driven by desktop shipments, which expanded 27% to 884,000 units sent, information showed. Notebooks seen moderate development of 3% with 2.3 million shipments though tablets enlisted a 9% decrease in shipments with 1.1 million units.

“We anticipate a strong rebound in 2024, with all three categories expected to see robust growth. Tablets are predicted to be the main driver of this growth, with an impressive 24% year-on-year increase,” Canalys said in a statement.

Both business and shopper sections are supposed to record vigorous twofold digit rate development, while business obtainment is expected to be the main thrust.

“AI-capable PCs are expected to experience a substantial boost in the coming commercial refresh cycle as the end of Windows 10 approaches. With these devices commanding relatively high prices in the short term, commercial uptake, especially by large enterprises, is expected to be stronger initially,” said Canalys analyst Ashweej Aithal.

Most original equipment manufacturers on the creation front have moved their concentration to local assembly by government drives, Aithal said; he also mentioned a significant expansion in gadgets made in India as 27 assembling firms have been endorsed under the PLI 2.0 plan.