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The Indian Wi-Fi market is at the beginning of a huge growth curve that is being triggered by a tremendous increase in laptop penetration, mobile devices, and reduced broadband rates. Coupled with a steep fall in broadband rates, the existing market inhibitors are rapidly disappearing. The booming economy is consuming massive real estate for office property: global multinationals are investing in automobile and telecom manufacturing facilities: and the retail sector is opening up—all of which will drive Wi-Fi based equipment sales, enterprise wireless business applications, and productivity solutions. The Indian software and services sector will find a completely new driver with Wi-Fi IP development, certification and testing services for the global Wi-Fi chip-set and gear vendors, prototyping services, and systems integration. The combined macro-economic factors are creating new growth drivers not seen before. A new sense of consumerism is evident as a young generation growing up on a mobile lifestyle is looking for personalization and community building in an always-on, connected world.
The overall Indian Wi-Fi market (including WLAN hardware, systems integration, and software services (and not including embedded devices, laptops) is predicted to grow from the current USD 41.57 million to exceed USD 744 million by 2012 at a compounded annual growth rate of 61.4 percent. The necessary market drivers are in place to propel the growth, development, and deployment of Wi-Fi into a mainstream technology across the country.
Organized retail is opening up in India and emerging as a significant user of wireless computing solutions; healthcare seeking tourists are driving hotels and hospitals to provide the best in connectivity; Wi-Fi is entering the home, portable, and mobile entertainment sectors; Wi-Fi penetration in conferences/convention centers is also on the rise, and new office complexes have created an additional demand for Wi-Fi connectivity for visitors, vendors, consultants, and employees. The market for Wi-Fi is poised to grow exponentially. |
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