As an attempt to bring technology to the masses, India develops the world's cheapest tablet. This $35 gadget -- which may eventually only cost $10 -- was developed by Human Resource Development Minister Kapil Sibal and has a web browser, PDF reader, office software, media player, multimedia input/output, video conferencing and remote device management capability.
As India develops the world's cheapest tablet, could this cheaper version be as successful as its pricey iPad counterpart?
Implications - Sibal claims the iPad knockoff is an effort to further push interactive education. The cheap and accessible technology is said to work the same way as a normal tablet, promising a strong future emerging from India.
Key Themes Behind This Trend
- Affordable Tablets
- The development of the world's cheapest tablet by India has opened up market potential for affordable tablets and disrupted the market for high-end tablets.
- Interactive Education
- The use of affordable tablets like India's $35 iPad knock-off to further push interactive education presents an opportunity for ed-tech businesses to disrupt the traditional education system.
- Emerging Markets
- The mass production and affordability of the world's cheapest tablet presents an opportunity for businesses to tap into emerging markets in developing countries.
Where This Applies
- Tablet Manufacturers
- Tablet manufacturers can take advantage of the trend of producing affordable tablets, which can create new market opportunities and disrupt the high-end tablet market.
- Ed-tech
- The development of affordable tablets for interactive education presents an opportunity for ed-tech companies to enter new markets and to provide new services and models for education.
- Financial Services
- The production of affordable tablets in emerging markets creates opportunities for financial services companies to provide new financing and payment options for buyers in these markets.
