Major players in the tablets market are Apple Inc., AsusTek Computer Inc., Samsung Electronics Co. Ltd., Lenovo Group Ltd., Acer Inc., Microsoft Corporation, HP, Huawei, LG Electronics Inc. and Archos.
The global tablets market is expected to grow from $65.96 billion in 2019 to $66.62 billion in 2020 at a compound annual growth rate (CAGR) of 1%. The slow growth rate is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, working and learning at home. The market is expected to grow to $89.39 billion in 2023 at a CAGR of 10.3%.
The tablets market consists of sales of tablets by entities (organizations, sole traders and partnerships) that provide tablets which are portable computers that use touchscreens as their primary input. Most tablets are slightly smaller and weigh less than an average laptop. Generally, the size of a tablet screen is smaller than a laptop computer and larger than a smartphone. Only goods and services traded between entities or sold to end consumers are included.
The Asia Pacific was the largest region in the tablets market in 2019. North America is expected to be the fastest-growing region in the forecast period.
Major companies operating in the tablets market are focusing on developing innovative technology solutions for tablets. For instance, in June 2020, Apple a USA based technology company launched Apple iPad Pro 11 2020. iPad Pro is fitted with an Apple A12Z Bionic octa-core processor, based on iPadOS and powered by a non-removable Li-Po battery (28.65 Wh). The tablet’s sensors include a proximity sensor, barometer, accelerometer, gyroscope and sensor for ambient light, liquid retina display. Therefore, making the tablets technologically advanced helps companies to sustain the competitive market.
The tablets market covered in this report is segmented by product type into detachable; slate; hybrid; rugged. It is also segmented by application into personal; business.
The increasing demand for tablets in various sectors such as healthcare, education, entertainment and other industries is a key factor driving the growth of the tablets market. For instance, the hospitality industry has introduced in-room tablets to offer their services at the fingertips of their guests. Similarly, tablets help the transportation industry to standardize workflows, facilitate proper communications on time and provide critical information. The increasing use of tablets across industries is driving sales. In 2020, the sales of the Apple iPad increased by 20%, delivering more than 14 million units and Samsung stood in second place, delivering 7 million units and growing by 39%. The increasing demand for tablets in different sectors is expected to fuel the market for tablets.
Our reports have been used by over 10K customers, including:
73 pages •
By Euromonitor International
• Nov 2020
The consumer electronics market in Brazil was adversely impacted by COVID-19, as consumers prioritised spending elsewhere, or delayed replacement purchases. This pandemic compounded the economic difficulties the country already faced following the economic crisis of 2015-2019, from which it was struggling to recover. As a result, the majority...
371 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Oct 2020
A recent market study published on the USB Type C market includes global industry analysis for 2015-2019 & opportunity assessment for 2020-2030, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the USB Type C market, the growth...
The portable projector market is projected to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025; it is expected to grow at a CAGR of 4.3% from 2020 to 2025. The growth of the portable projector market is driven by digitalization in the education sector and technological advancements in portable projectors. Moreover, a reduction...
The increasing utilization of smart electronics displays, such as smartphones, tablets, and laptops has formed a predominant share of these products in the multi-touch technology market. The growing focus on multi-user displays, such as vertical screens and multi-touch tablets are enabling the growth of the market. These devices help multiple...
Hard drive: As the prices of electronics fall, consumers will likely increasingly opt for replacement purchases Abstract Electronic & Computer Repair Services in the US The Electronic and Computer Repair Services industry is in need of repair itself. Revenue is expected to decline in 2019 as private...
23 pages •
By Euromonitor International
• Oct 2020
Laptops saw the best performance in Israel’s computers and peripherals category in 2020, almost matching the performance of the previous year despite the impact of COVID-19. The portability of laptops appealed to a growing number of consumers, particularly given the increased number of people working from home as a result of the pandemic....
25 pages •
By Euromonitor International
• Nov 2020
The COVID-19 pandemic had a direct impact on sales of computers and peripherals in 2020, especially due to the consolidation of home-schooling models, e-learning and hybrid models for adult education, and changes in the work environment. Although consumers prefer to purchase such products on significant dates such as Black Friday and Christmas,...
The text-to-speech market was valued at USD 2.0 billion in 2020 and is estimated to reach USD 5.0 billion by 2026, registering a CAGR of 14.6% during the forecast period. The rising demand for handheld devices, increased government spending on education for differently-abled, the dependence of the growing elderly population on technology,...
The overall wireless charging market is expected to be valued at USD 4.5 billion in 2021 and projected to reach USD 13.4 billion by 2026, at a CAGR of 24.6% between 2021 and 2026. The growth of the wireless charging market is attributed to the rising adoption of wireless technology in consumer electronics; increase in sales of electric vehicles;...
The Global Ultrasonic Sensors Market size is expected to reach $5.9 billion by 2026, rising at a market growth of 9.5% CAGR during the forecast period. The ultrasonic sensors produce a shorter wavelength which is transformed into a higher resolution for image processing. It is because of the high frequencies of the ultrasonic sensors as compared...
Robotics
Automotive
Healthcare
Consumer Electronics
Auto Parts
World
APAC
Europe
Asia
By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them.
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.