Press release
Tablets Global Market Size Growing At a 10.6% CAGR Projected Expansion to $142.37 Billion Market Value by 2028
"The Business Research Company recently released a comprehensive report on the Global Tablets Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=3513&type=smp
According to The Business Research Company's, 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.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/tablets-global-market-report
Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
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
Tablets Market 2024 Key Insights:
• 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%.
• Surging Demand For Tablets Across Diverse Industries
• Technological Advancements In The Tablet Market
• The Asia-Pacific was the largest region in the tablets market in 2023
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The Business Research Company
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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