Tablets Market Size to Grow by 42.02 million units| Acer Inc. and Apple Inc. Among Key Vendors | Technavio
NEW YORK, April 18, 2022 /PRNewswire/ -- According to the report "Tablets Market by Type and Geography - Forecast and Analysis 2022-2026", the market will witness a YOY growth of 4.30% in 2022 and a CAGR of 4.61% during the forecast period. The report is segmented by type (hybrid, convertible, slate, and rugged) and geography (APAC, Europe, North America, MEA, and South America).
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The tablets market report covers the following areas:
The tablets market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:
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Geographical Market Analysis
APAC will provide maximum growth opportunities in the tablets market during the forecast period. According to our research, the region will contribute to 34% of the global market growth during the forecast period. The rising demand for tablets in the commercial and industrial sectors will drive the tablets market growth in APAC during the forecast period.
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Key Segment Analysis
The tablets market share growth by the hybrid segment will be significant during the forecast period. A hybrid laptop can be used as either a laptop or a standalone tablet. Hybrid is used to describe only a specific type of 2-in-1 detachable system that allows the keyboard and display to be separated entirely, creating a standalone tablet device.
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Key Market Drivers & Challenges:
Technological advances and virtual learning are driving the growth of the tablets market. The penetration of technology in the education sector has impacted various aspects. It has enhanced the studying and learning experience beyond the classroom. New technologies are used in virtual learning, including interactive whiteboards (IWBs), augmented reality (AR), and virtual reality (VR). These require PCs and tablets used for educational purposes to be compatible with these advanced technologies.
The tendency to buy devices with lower configurations will challenge the tablets market during the forecast period. The continuous developments in educational software have increased their complexity. Manufacturers of tablets used for educational purposes must introduce updated hardware solutions to meet the various software requirements. However, as most users do not have adequate knowledge of the functionalities offered by these systems, they choose lower-configuration tablets.
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Table of Contents
Five Forces Analysis
Market Segmentation by Type
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