Tablets market size to grow by 42.02 million units from 2021 to 2026; Growth driven by technological advances and virtual learning - Technavio
Sunday, April 16, 2023
NEW YORK, March 29, 2023 /PRNewswire/ -- The global tablets market size is estimated to grow by 42.02 million units from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 4.61% during the forecast period. Educational institutions are adopting virtual learning platforms to deliver information to students. This minimizes the need for teachers and students to sit in a classroom. It also provides convenience to students when taking notes. Virtual learning is ideal for homeschoolers and physically challenged students or those with health issues. Thus, the rising adoption of online learning has increased the demand for PCs and tablets for educational purposes. All these factors are driving the growth of the global tablets market. For more insights on the market size (2022 to 2026) - Request a sample report
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Global Tablets Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type (hybrid, convertible, slate, and rugged) and geography (APAC, Europe, North America, MEA, and South America).
-- The market growth in the hybrid tablet segment will be significant
during the forecast period. Hybrid tablets can be used as either a
laptop or a standalone tablet. They are best suited for handling
multiple tasks. They are ideal for use in home/office along with their
normal capabilities. Such benefits are driving the growth of the
segment.
Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global tablets market.
-- APAC will account for 34% of the market growth during the forecast
period. The expansion of the user base in end-user segments such as
fleet management, delivery applications, logistics, automation, and
education is driving the growth of the tablets market in APAC. The
increasing use of tablets in end-user industries such as healthcare,
education, entertainment, and hospitality is also driving the growth of
the regional market.
Insights on the market contribution of various segments including country and region
wise and forecast market size (2022 to 2026) - Download a Sample Report
Global Tablets Market - Vendor Analysis
The global tablets market is fragmented due to the presence of many vendors that offer differentiated products. The vendors are adopting various organic and inorganic growth strategies to remain competitive in the market. Some of the key vendors covered in the report include:
-- Acer Inc. - The company offers tablets under the brand name One 8T4.
-- Apple Inc. - The company offers tablets under the brand name iPad.
-- ASUSTeK Computer Inc. - The company offers tablets under the brand name
Chromebook tablet CT100.
-- HP Inc. - The company offers Andriod tablets that have 8GB of storage
space and a dual-core intel atom processor.
Global Tablets Market - Major Challenges
Major challenges hindering the market growth
-- The tendency to buy devices with lower configurations is identified as
the major challenge hindering the growth of the market.
-- A majority of users do not have adequate knowledge of the
functionalities offered by tablets.
-- This leads many users to purchase lower-configuration tablets, which
become incompatible with future updates earlier than the high-end
configuration devices.
-- This is reducing the growth potential in the global tablets market.
Drivers, trends, and challenges have an impact on market dynamics, which can impact
businesses. Find more insights in a sample report!
What are the key data covered in this tablets market report?
-- CAGR of the market during the forecast period
-- Detailed information on factors that will drive the growth of the
Tablets Market between 2022 and 2026
-- Precise estimation of the size of the tablets market and its
contribution to the market in focus on the parent market
-- Accurate predictions about upcoming trends and changes in consumer
behavior
-- Growth of the tablets market across APAC, Europe, North America, MEA,
and South America
-- A thorough analysis of the market's competitive landscape and detailed
information about vendors
-- Comprehensive analysis of factors that will challenge the growth of
tablets market vendors
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Related Reports:
-- The rugged devices market size is expected to increase by USD 344.78
million from 2021 to 2026 and the market's growth momentum will
decelerate at a CAGR of 5.5%. The market is segmented by product (rugged
mobile computers, rugged tablets/notebooks, rugged scanners, and rugged
air quality monitors), end-user (industrial, military and defense,
commercial, and government), type (semi-rugged, fully-rugged, and
ultra-rugged), and geography (North America, Europe, APAC, South
America, and Middle East and Africa).
-- The stylus pen market is estimated to grow at a CAGR of 5.14% between
2022 and 2027. The size of the market is forecast to increase by USD
490.26 billion. The market is segmented by application (tablets and
IWBs), type (active and passive), and geography (APAC, North America,
Europe, Middle East and Africa, and South America).
Tablets Market Scope
Report Coverage
Details
Base year 2021
Forecast period
2022-2026
Growth momentum & CAGR Accelerate at a CAGR of 4.61%
Market growth 2022-2026
42.02 million units
Market structure
Fragmented
YoY growth 2021-2022 (%) 4.30
Regional analysis
APAC, Europe, North America, MEA, and South America
Performing market contribution APAC at 34%
Key countries
US, China, Japan, Germany, and UK
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled Acer Inc., Apple Inc., ASUSTeK Computer Inc., HP Inc., Huawei Investment and Holding Co. Ltd., Lenovo Group Ltd., LG
Corp., Microsoft Corp., Panasonic Corp., and Samsung Electronics Co. Ltd.
Market dynamics Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-
19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments
customized.
Browse through Technavio's Consumer Discretionary Market Reports
Table of contents:
Executive Summary
Market Landscape
-- Market ecosystem
-- Value chain analysis
Market Sizing
-- Market definition
-- Market segment analysis
-- Market size 2021
-- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
-- Bargaining power of buyers
-- Bargaining power of suppliers
-- Threat of new entrants
-- Threat of substitutes
-- Threat of rivalry
-- Market condition
Market Segmentation by Type
-- Market segments
-- Comparison by Type
-- Hybrid - Market size and forecast 2021-2026
-- Convertible - Market size and forecast 2021-2026
-- Slate - Market size and forecast 2021-2026
-- Rugged - Market size and forecast 2021-2026
-- Market opportunity by Type
Customer landscape
Geographic Landscape
-- Geographic segmentation
-- Geographic comparison
-- APAC - Market size and forecast 2021-2026
-- Europe - Market size and forecast 2021-2026
-- North America - Market size and forecast 2021-2026
-- MEA - Market size and forecast 2021-2026
-- South America - Market size and forecast 2021-2026
-- Key leading countries
-- Market opportunity by geography
-- Market drivers
-- Market challenges
-- Market trends
Vendor Landscape
-- Vendor landscape
-- Landscape disruption
Vendor Analysis
-- Vendors covered
-- Market positioning of vendors
-- Acer Inc.
-- Apple Inc.
-- ASUSTeK Computer Inc.
-- HP Inc.
-- Huawei Investment and Holding Co. Ltd.
-- Lenovo Group Ltd.
-- LG Corp.
-- Microsoft Corp.
-- Panasonic Corp.
-- Samsung Electronics Co. Ltd.
Appendix
-- Scope of the report
-- Currency conversion rates for US$
-- Research methodology
-- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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