Growing Indian Wi-Fi Market
BRIC countries especially India, is becoming a major opportunity area for IT technology providers. Technologies like Wi-Fi are poised to grow in the Indian market. A survey conducted by Tonse Telecom in 2008, for the Wi-Fi alliance says, “Wi-Fi in India: A key economic, social and community development.” The study by Tonse Telecom also forecasts that by 2011-12 the market for Wi-Fi equipments and services in India will reach $890 million, a CAGR of 36% from 2008. These Wi-Fi equipments and services do not include Wi-Fi enabled handsets, laptops and chipsets.
The Indian market is experiencing huge growth in terms of PC/Laptop sales, broadband/wireless broadband penetration and the mobile subscriber base.Of the total PCs shipped in India, Notebooks accounted for 21%. Almost 95% of the laptops shipped in India and Wi-Fi enabled. These are some of the key factors that are driving the growth of Wi-Fi in India. These drivers coupled with the huge user base of India would certainly create opportunities for the Wi-Fi equipments and service providers.
Real estate in India is growing at a rate of 30% per annum and the real estate boom, especially in the retail, corporate and the residential sectors will create opportunities for Wi-Fi deployments. Real estate giants like DLF, Unitech have started deploying Wi-Fi in their new projects. Indian metros like Delhi, Mumbai, Chennai, Bangalore will see major growth in Wi-Fi deployments in retail, residential and corporate sector. All these factors are making the Indian Real estate sector an opportunity area for Wi-Fi equipments and service providers.
The Indian Government is also taking up initiatives that would fuel the adoption and growth of Wi-Fi in India. At the start of 2008, Indian Railways announced that important rail-routes between metros together with 50 stations would be Wi-Fi enabled. This will certainly take time, but the dice has started rolling.
TechNavio has covered the deployments of Wi-Fi enabled services and products in detail and has given special focus on the Wi-Fi opportunities in India and the APAC region. According to TechNavio the Enterprise Networking Equipments market, which includes Wi-Fi and WLAN, is growing and will create opportunities for vendors offering WLAN equipments, Networking Gear, Professional Services, and Wi-Fi Applications.