According to a report by CyberMedia Research, the Indian tablet market will achieve a year-on-year growth rate of 46% and a month-on-month growth rate of 79% in the third quarter of 2024. This surge is mainly driven by the rapid popularity of 5G tablets and the wave of premiumization in the market. "The tablet market is on a growth trend, driven by a surge in 5G tablet adoption and a noticeable premiumization trend during the festive season sales," said Menka Kumari, Analyst. "Value-conscious consumers in India are prioritizing voice-enabled tablets for work, study, and entertainment. Apple and Samsung are the clear winners in this regard. Also, recent market entrants, including Xiaomi and OnePlus, are gaining traction among value-conscious brands as their strategies are aligned with consumer expectations, and the future of the tablet market looks very promising." Wi-Fi-only tablets maintained their 62% share in the third quarter of 2024, demonstrating their affordability and effectiveness for home users. 5G tablets showed significant growth, accounting for 19% of the market as users sought high-performance devices anytime, anywhere. Apple leads in the third quarter of 2024, followed by Samsung
Tablet PC Market Outlook 2024 CMR predicts that the Indian tablet market will grow steadily by 10-15% in 2024. |
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