Press release
Tablets Market Trends, Top Companies, Share, Growth And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Tablets Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $142.37 billion In 2028 At A CAGR Of 10.6% :
The tablets market size has grown strongly in recent years. It will grow from $86.81 billion in 2023 to $95.09 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to consumer mobility and portability needs, evolving digital content consumption, enterprise adoption for productivity, education sector integration, affordability and accessibility.
The tablets market size is expected to see rapid growth in the next few years. It will grow to $142.37 billion in 2028 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to remote work and learning trends, entertainment and gaming applications, healthcare and telemedicine integration, rural and emerging market penetration, collaboration and hybrid work models. Major trends in the forecast period include longer battery life and efficient power management, collaboration with educational institutions, health and wellness features, innovations in form factors and portability, integration with ecosystems and cross-device connectivity.
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Tablets Market Major Segments
The tablets market covered in this report is segmented -
1) By Product Type: Detachable, Slate, Hybrid, Rugged
2) By Screen Size: below 8", 8", Above 8"
3) By Operating Systems: iOS, Android, Windows
4) By Application: Personal, Business
Key Driver - Surging Demand For Tablets Across Diverse Industries
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 2021, Apple sold more than 15 million units of the iPad, which was a 6.8% increase from the previous year . The increasing demand for tablets in different sectors is expected to fuel the market for tablets.
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Prominent Trend - Technological Advancements In The Tablet Market
Major companies operating in the tablet market are focusing on introducing advanced technological features, such as AI-powered features, to make advancements in tablets. AI-powered features refer to functionalities or capabilities in software, devices, or systems that leverage artificial intelligence (AI) algorithms and technologies to perform specific tasks, make decisions, or enhance user experiences. For instance, in May 2023, Alphabet Inc., a US-based technology company, launched its pixel tablet, which is built with the latest Android features such as a tensor G2 chip and pixel design. The tablet has AI-powered features to help users get more done, and it can be paired with a charging speaker dock to turn it into a helpful home device that can be used hands-free. It also has a brilliant 11-inch display and four built-in speakers for crisp audio, making it the perfect entertainment companion.
Tablets Market Players
Major companies operating in the tablets market report are Amazon.com Inc., Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies Inc., Huawei Technologies Co. Ltd., LG Electronics Inc., Hewlett-Packard, Lenovo Group Ltd., Xiaomi Corporation, Fujitsu Limited, Nokia Corporation, TCL Technology Group Corporation, Toshiba Corporation, AsusTek Computer Inc., Acer Inc., Lava International Limited, Barnes & Noble Inc., Chuwi Innovation Limited, Elo Touch Solutions Inc., HTC Corporation, Sony Corporation, Panasonic Corporation, Vankyo, Archos S.A., Motion Computing Inc., Admiral Overseas Corporation International, Dragon Touch, Teclast Corporation, Zebra Technologies Corporation, Getac Technology Corporation
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Largest And Fastest Growing Region In The Market
The Asia-Pacific was the largest region in the tablets market in 2023. North America is expected to be the fastest-growing region in the global tablets market report during the forecast period. The regions covered in the tablets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Tablets Market Report Structure
3. Tablets Market Trends And Strategies
4. Tablets Market - Macro Economic Scenario
5. Tablets Market Size And Growth
…..
27. Tablets Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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