Hardware market poised for double digit growth
By siliconindia   |   Wednesday, 18 November 2009, 15:02 IST   |    5 Comments
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Hardware market poised for double digit growth
Bangalore: India's computer hardware market, which includes servers and desktops, is set to regain double digit growth rates from next year, as customers seek to establish new datacentres and invest more in expanding their operations. Top hardware vendors such as IBM, Hewlett Packard (HP) and Acer have already started seeing a revival in their sales, and experts forecast the hardware market to rebound by next year. "Enterprises from the sectors of BFSI, automotive, retail and pharma are in forefront of making increased hardware investments primarily to remain globally competitive as well as to get better agility at the marketplace," said Diptarup Chakraborti, Principal Research Analyst, Gartner. "We expect these companies to increase their spend in 2010," he added. With new mobile phone companies such as Unitech Wireless and MTS launching their operations, demand for computer servers and other infrastructure is indeed looking up. According to research firm IDC, the overall PC market unit shipments in the second quarter of 2009 touched 1.7 million units recording a quarter-on-quarter (QoQ) growth of 5.2 percent indicating the market is indeed headed towards a recovery. "The India PC market performance in second quarter of calendar year 2009 (Q2CY09) has shown, what may be termed as early signs of a revival, as the decline in overall PC shipments year-on-year reduced from a high of 22.7 percent (Q4 CY2008 vs Q4 CY2007) to 15.3 percent in the current quarter (Q2 CY09 vs Q2 CY08)," Kapil Dev Singh, Country Manager, IDC India said recently. Gartner has also projected that PC market in India will grow at 18.6 percent in 2010, much higher than around 1.5 percent growth this year.

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