Tablet PC Market Share Growing at 16.7% CAGR Reach USD 325.15 Billion by 2031

According to the report published by Allied Market Research, Tablet PC Market Share Growing at 16.7% CAGR Reach USD 325.15 Billion by 2031 . The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Tablet PC is a wireless personal computer or system with touchscreen interface and the ability to utilize a stylus in some application. It is larger than smartphone or mobile, however smaller than laptop or notebook computer. Tablet PCs are available in a wide range of shape, size, types, and features and it is powered by an operating system (OS) such as iOS, Android, and Windows. Tablet PC (Tablet) can be used for business purposes, entertainment, education, personal, and commercial.

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The global tablet pc market was valued at $70.72 billion in 2021, and is projected to reach $325.15 billion by 2031, growing at a CAGR of 16.7% from 2022 to 2031.

The tablet pc market is segmented into Operating System, Distribution Channel and End User. By operating system, it is bifurcated into Android, iPhone Operating System (iOS), and Windows. On the basis of distribution channel, it is categorized into offline and online. By end user, it is segregated into consumer and commercial. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Depending on operating system, the Android segment dominated the Tablet PC Market Share in 2021, and is expected to continue this trend during the forecast period. Increase in adoption of android-based devices such as India and other country further boom the growth of the market. Android operating systems are accessible in a variety of brands, and it most widely distributed around the world. Furthermore, surge in popularity of Android tablet PC due to its lower pricing, ease of availability, and high compatibility with a variety of devices, further drive the growth of the market.

However, the iPhone Operating System (iOS) segment is expected to witness the highest growth in the Tablet PC Market Forecast period. Increased popularity of iPads, due to highly preferred design, which runs only on iOS platform, further boost the growth of the market.

On the basis of end user, the consumer segment captured the largest market share in 2021, and is expected to continue this trend during the forecast period. Increase in adoption of tablet PC for educational and entertainment purpose further drive the growth of this segment. However, the commercial segment is expected to witness highest growth in the upcoming years. Usage of Tablet Computer in commercial area has become more popular as it helps to improve productivity, efficiency, and communication.

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Depending on region, Asia-Pacific dominated the Tablet PC Industry in 2021. Mass switching toward work from home (WFH) and online education have propelled the adoption of tablet PC. This mass adoption has led to growth in the tablet PC market in Asia-Pacific. However, North America is expected to exhibit considerable growth during the forecast period. The unparalleled need for new and improved technologies is the key driver for the growth of the market in the North America region. In addition, rise in adoption of iOS based tablet PC in this region and increased affordability among the population further propels the Tablet PC Market Size growth.

This report gives an in-depth profile of some key market players in the tablet PC market, Apple Inc., Acer Inc., ADLINK, Amazon, Inc., ARBOR Technology, ASUSTek Computer Inc., DAP Technologies, Glacier Computer, Hewlett-Packard (HP), Huawei Technologies, Lenovo Group Ltd., LG Electronics, Inc., Microsoft Corporation, NEXCOM, Nokia Corporation, Samsung Electronics Co. Ltd. and Toshiba Corporation. This study includes market trends, Tablet PC Market Analysis, and future estimations to determine the imminent investment pockets.

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Covid-19 Scenario

● The Covid-19 pandemic led to increased adoption of tablet PCs with lockdown and disruptions in business operations, education sectors, and other industries. With implementation of work-from-home culture, online learning and classes by schools and universities, the sales volume of tablet PCs increased as it offered convenience and digitization benefits.

● However, production activities of tablet PCs hindered due to partial or complete closure of manufacturing facilities, shortage of raw materials, ban on import-export activities, and lack of availability of workforce. This led manufacturers to strategize supply chain, re-evaluate production processes, and devise multiple new and agile approaches for monitoring product quality.

● Physical stores were temporarily closed during the lockdown. This impacted the sales volume and overall revenue of the market. Online deliveries were conducted and people preferred buying these tablet PCs through online platforms. Post-lockdown, offline distribution channels were open and they are expected to gain momentum steadily.

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