NEW YORK – The Indian consumer electronics market is expected to grow at a CAGR of more than 17% from 2012 to 2015, says reportlinker.com.

Flat panel televisions, tablets and smartphones are expected to be the top performing segments in the market. These segments are witnessing huge demand and seeing rapid innovations as part of the strategy by manufacturers to capitalize on the huge consumer base, says reportlinker.com.

Tablets are expected to be the fastest growing segment during the period, surging at a CAGR of around 65%. Factors like demand from the education sector, government and healthcare, coupled with increasing affordability and desirability, have helped in mass proliferation of tablets in India, according to the firm.