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India Chipset Market Forecast and Opportunities, 2020
October 15, 2015 | PRNewswireEstimated reading time: 1 minute
India is one of the fastest growing chipset markets in Asia-Pacific. Implementation of favorable government initiatives and rising electronic device sales in the country are major factors propelling growth in the country's chipset market. Government has been easing documentation process and policy hurdles to attract investments in domestic electronics manufacturing. Establishment of new electronics manufacturing units under the 'Make in India initiative is forecast to propel demand for various types of chipsets in India. During the forecast period, growth in India chipset market is projected to be fuelled by increasing sales of electronic devices such as smartphones, computers, laptops and printers, along with rising penetration of innovative technologies such as 3G, 4G, LTE, etc.
According to "India Chipset Market Forecast & Opportunities, 2020", India chipset market is projected to grow at a CAGR of over 26% during 2015-2020. Northern and Southern parts of India are the leading regional markets for chipsets in India, due to presence of various IT hubs and Special Economic Zones in these regions. India chipset market is majorly dominated by global players such as MediaTek and Qualcomm, among several others. Computers, laptops, printers and peripheral chipsets are key application areas for chipsets in India. With robust growth in smartphone penetration across the country over the last few years, a growing number of computer and laptop chipset manufacturers are increasing their focus towards smartphone chipsets in order to diversify their product portfolios and strengthen their market position. "India Chipsets Market Forecast & Opportunities, 2020" discusses the following aspects of chipsets market in India:
- India Chipset Market Size, Share & Forecast
- Segmental Analysis – Computer & Laptop Chipsets, Mobile Chipsets, etc.
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
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