How big is the tablet market?
IMARC Group, a leading market research company, has recently releases report titled “Tablet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global tablet market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global tablet market size reached US$ 68.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 133.9 Billion by 2028, exhibiting a growth rate (CAGR) of 11.7% during 2023-2028.
What is Tablet?
A tablet represents wireless mobile computing devices integrated with a touchscreen interface that enables users to view presentations, read e-books, attend video conferencing, play games, watch movies, share photos, etc. They are available in detachable and slate categories and can be segmented into mainly 3 types in terms of operating systems (OS), which include Android, iPhone operating system (iOS), and windows. These tablet variants are extra portable, allow user input through a touchscreen-based software keyboard and digital pen, provide an intuitive e-textbook experience, have impressive storage and battery life, facilitate gesture recognition, etc. They even have shock-protected hard drives and can withstand rough handling and extreme conditions. As a result, tablet models are in extensive demand among consumers across countries.
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What are the growth prospects and trends in the tablet industry?
The growing digitalization and the increasing employment of tablets as a global positioning system or GPS navigation device, on account of their quick navigation feature via stylus or touch screen, are primarily driving the tablet market. Apart from this, the rising product usage by the masses to enjoy enhanced graphics for video streaming and gaming is acting as another significant growth-inducing factor. In addition to this, the inflating investments by leading market players in research and development (R&D) activities to innovate advanced operating systems (OS), high-end application support, and various improved features, such as lock screen shortcuts, multi-user mode, app permissions, and doze mode, etc., are also positively influencing the global market. Moreover, the expanding electronics industry and the escalating product availability through online retail platforms at attractive prices and offers are anticipated to propel the tablet market over the forecasted period.
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Tablet Market 2023-2028 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Acer Inc.
- Apple Inc.
- ASUSTek Computer Inc.
- Dell Technologies Inc.
- Hewlett-Packard Company
- Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co., Ltd.)
- Lenovo Group Limited
- Microsoft Corporation
- Nokia Corporation
- Panasonic Holdings Corporation
- Samsung Electronics Co. Ltd.
- Xiaomi Corporation.
The report has provided a detailed breakup and analysis of the tablet market based on the product type. This includes detachable and slate. According to the report, detachable tablets represented the largest segment.
Operating System Insights:
A detailed breakup and analysis of the tablet market based on the operating system has also been provided in the report. This includes android, iOS, and windows. According to the report, the android accounted for the largest market share.
Screen Size Insights:
- 8’’ and Above
The report has provided a detailed breakup and analysis of the tablet market based on the screen size. This includes 8’’ and 8’’ and above. According to the report, 8’’ and above holds the biggest market share.
End User Insights:
A detailed breakup and analysis of the tablet market based on the end user has also been provided in the report. This includes the consumer and commercial sectors. According to the report, the consumer sector accounted for the largest market share.
Distribution Channel Insights:
A detailed breakup and analysis of the tablet market based on the distribution channel has also been provided in the report. This includes the online and offline channel. According to the report, the offline channel accounted for the largest market share.
The report has segmented the market on the basis of
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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