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on November 27, 2023
Tablet PC Market Insights:
In 2022, the Tablet PC Market was estimated to be worth USD 62,650.0 million. The market for tablet computers is anticipated to increase from USD 67,003.1 million in 2023 to USD 97,474.5 million in 2030, with a compound annual growth rate (CAGR) of 5.5% over the five-year forecast period (2023–2030). The market is primarily being driven by the rising popularity of laptops and tablets due to their smaller sizes, lighter weight, and convenience for consumers due to their extended battery lives and overall performance.
A tablet computer is a single-panel computer with a touch screen. A tablet is more portable than a laptop and has greater processing power than a notebook.
In recent years, tablets have seen a significant increase in sales, reaching double-digit millions internationally. The next must-have mobile media tablet is being marketed by computer makers to stir customer interest. The iPad, Android, BlackBerry, HP WebOS, and Windows are all examples of tablets that come with a web browser. Each platform supports the operation of applications created exclusively for that platform's operating system. Due to features like 3G, Wi-Fi, and improved wireless connection, tablets are becoming more and more popular, even though there is still a small market for them in mainstream computing. Consumer demand for computer devices with effective capability and portability that are smaller than laptops or desktop PCs but larger than smartphones is driving the market.
Key Players:
Key Companies in the Tablet PC market include:
- Acer Inc
- Apple Inc
- Hewlett-Packard Company
- Huawei Technologies
- Lenovo Group
- LG Electronics Inc
- Microsoft Corporation
- Nokia Corporation
- Samsung Electronics Co Ltd
- Realme,
- Xiaomi
- Amazon,
- Fujitsu Ltd
- CHUWI
- Dynabook
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Market Segmentation:
In this study, the tablet computer market has been divided into three categories based on operating system: Android, iOS, and Windows. The Android category led the market in 2022 with a revenue share of around 50.3%.
According to Distribution Channel, the Tablet PC Market has been divided into Supermarkets/Hypermarkets, Independent Retailers, and Online Sales in this study. The Independent Retailers kept the leading position in 2022 and accounted for almost 53.5% of total revenue.
According to end-user, the tablet PC market has been divided in this study into four categories: individual users, corporate users, schools & colleges, and others. In 2022, Corporate User held the greatest market share and is anticipated to see a CAGR of 5.8% during the following five years.
Regional Analysis:
North America, Europe, Asia-Pacific, the Middle East & Africa, and South America are the regions into which the study divides the market. The largest market share in the world is held by North America. The United States, Canada, and Mexico make up North America. In recent months, North America has seen a sharp rise in tablet computer demand. A crucial element in the growth and maturation of the business is the unprecedented need for superior hardware technologies. The demand for tablet PCs is diversified and their use is not restricted to a particular age group, which has sped up market growth. Trends in online learning and the region's increasing smart device penetration are two of the main drivers fostering the tablet PC market's growth.
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Posted in: Technology