Indian PC sector to see lower growth in 05

By siliconindia   |   Thursday, 10 March 2005, 20:30 IST
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NEW DELHI: The Indian market grew 34.4 percent in 2004 for a 10.23 percent share in the Asia-Pacific region, however the PC market is expected to grow at 29.3 percent during 05, a study by IT research firm Gartner said. India had the highest growth in the Asia Pacific region and within this segment; desktops grew 31.5 percent while notebooks grew 116 percent over 2003. Speaking about the decline this year, Gartner India computing system analyst Vinod Nair said laptop/notebook PC sales would fall marginally to about 90 percent instead of 116 percent in 2004 while desktop sales will decline to about 29 percent from about 31 percent last year. Nair said, “Current budget announcements will augment the disposable income of families, signaling further growth in PC deployment in consumer segment." While there will be a small correction in the new user markets, this will be more than compensated by upgrades and replacements by existing users”. India, which accounted for 10.23 percent share in the Asia Pacific market in 2004, showed the highest growth rate over 2003. HP is the top PC vendor in India garnering 12.7 percent of the market share and growing 85.4 percent in 2004, followed by HCL and IBM at the second and third place respectively.