Tablet PC Market An Overview of Growth Factors 2012 - 2018: Transparency Market Research
Albany, New York (PRWEB) September 24, 2014
Transparency Market Research has published a new study-report based on “Tablet PC Market: Global Database & Forecast (2010 - 2015)”, the global tablet sales to end users reached 67.0 million units in 2011 and are expected to reach 248.6 million units by the end of 2015, growing at a CAGR of 38.8% from 2011 to 2015. The overall progress of the tablet market is estimated to grow at 38% in 2014.
The tablets are rapidly replacing the conventional, aging computers enabling the tablet market to constantly evolve at an incredible rate across many industrial and commercial segments in the world. Industry best research analysts and research firms have studied and found out that more and more business users and various consumers that are investing in tablets are buying these devices as their mobile computing devices rather than a replacement of a notebook computer. It is the consumer segment that has become the largest adopter of media tablet devices, while commercial class and business users prefer to use communicators as their basic mode of communication.
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In addition, the analysts have also observed that the maximum tablet adoption has been high in concentration in the U.S. Considering the tablet market in the United States, around 34.2 million units of tablet PCs have were shipped in the market in 2012. Many research analysts are predicting that the tablet PC market within the United States will reach 71.6 million units by 2018. This would further give the tablet market in the US a substantial growth rate of 13.1% between 2012 and 2018. Succeeding the United States, Asia – Pacific (including Japan) is expected to experience the highest share of overall global shipments and end user sales of Tablets at a rate of 36.1% and 35.3% respectively in 2015.
Nevertheless, according to this report, the total amount of tablets sold in 2011 reached 67M units. By the end of 2015, this number is expected to grow to 248M units by, with a CAGR of 38%, adding up to a total install base of over 81M units worldwide so far. The primary growth in sales of tablets pcs is largely attributed to consumer use, response, and saturation level enjoyed due to dominance of electronic devices such as Apple’s iPad 2, Samsung’s Galaxy Tab & Galaxy Tab 2, and Amazon’s Kindle Fire Tab. With the launch of Amazon’s USD 199 Tab; Kindle Fire in November 2011, the market had an incredible response from consumers all over the world managing to have around 3.5 million units sales in the last 45 days of the year 2011.
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According to the statistics included in the study report of the tablet market, the tablet sales to end user increased by 276.5% in 2011 from 17.8 million units sold to end users in 2010. Furthermore, globally, the installed base of tablet devices reached 81.2 million units in 2011 which is expected to reach 388.8 million units by the end of 2015. All the statistics simply represents approximately 45% replacement/loss rate for the same year 2015.This extensive database report covers information on revenues, quarterly sales to end users, and installed base material ASP from 2009 to 2011 and forecast till 2015 for Tablet devices. It also covers the highlights showing how tablet devices are unsettling to the PC market, reducing the units by 8% on average, through 2015.
However, some substantial growth factors such as ‘form factor’ has played crucial role in adoption of Tablet devices in the global market. Worldwide, consumers have purchased the largest number of Tablet devices with specifications regarding screen size ranging 8 Inch and 10 Inch and devices weighed between 450g and 900g (1 lb – 2 lbs) for portable and convenient use. These factors have had the highest share of overall sales of tablet devices. While hybrid segment will account for more than one-fourth of the sales in 2015, media tablets is expected to remain the largest Tablet device segment with over 60% sales share in the same year.