Tablets are portable consumer electronic devices that are designed to provide similar functionalities to that of a laptop in a more comfortable manner. These devices are smaller in comparison to laptops but are greater in size as compared to smartphones. These devices are equipped with wireless connectivity, various advanced software solutions and large-scale storage capacity which make them highly efficient in a various different applications and end uses.
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The main factors boosting the Tablets Market are:
- Rising demand of tablets in healthcare, education, entertainment and other industries: Tablets are experiencing high demands from a number of different industries as the need for having smart devices to invoke automation in industries is the priority for these verticals. This trend is due to these verticals witnessing the fourth industrial revolution and IoT age for their operations. Tablets provide better connectivity of devices amongst the different industrial equipments, machineries and other products and helps provide the users with a centralized controlling devices and data management system helping program the operations as per their comfort.
- Easy to use and high performance speed of tablets: Due to the portable nature of these smart devices, the demands for tablets are witnessing a healthy rise in terms of their demand as these devices are known to provide similar functionality to that of PC’s in a more durable manner while introducing better performance speed and efficiency in comparison to smartphones and other smart devices.
The market is segmented on the basis of product type as detachable, slate, hybrid and rugged. Operating system segment has been sub-segmented into Android, iOS and Windows. Screen size segment has been categorized into below 8 inch and 8 inch & above. End-User has been categorized as consumer and commercial. Application has been segmented into personal use, business use and government use. Storage has been categorized as up to 32 GB, 64 GB, 128 GB and 256 GB or above.
Some of the Tablets Market developments are as follows:
- In September 2019, Lenovo announced the launch of “Yoga Smart Tab”, “Smart Tab M8” and “Smart Display 7” during the IFA Berlin held from 6-9th September, 2019. These devices are one of the few recent launches being presented by tablet manufacturers, with the tablets being available for sale from September of 2019 while the smart display to be commercialized from October.
- In June 2019, SAMSUNG announced the launch of “Galaxy Tab S5e” and Galaxy Tab A 10.1” an expansion of the existing tablet portfolio present with the company. The tablets have been developed to introduce high levels of functionalities similar to that of a PC in a more portable manner while introducing better comfort in terms of size and immersive display.
According to Data Bridge Market Research, Global Tablets Market is expected to expand at a growth rate of 20.79% during the forecast period of 2019 to 2026
Some of the major players operating in the market are Acer Inc., Apple Inc., ARCHOS, ASUSTeK Computer Inc., CHUWI INNOVATION LIMITED, Dell, Eve Distribution, HP Development Company, L.P., HTC Corporation, Huawei Technologies Co., Ltd., Lava International Limited, Lenovo, LG Electronics., Microsoft, Nokia, Panasonic Corporation, SAMSUNG, Sony Corporation, TOSHIBA CORPORATION, SHARP CORPORATION and others.
The demand for tablets is witnessing a significant expansion in terms of its growth rate as the market players are currently providing various innovations and technological advancements in terms of their product offerings. These innovations are resulting in the availability of products that provide better quality of performance, high-speed efficiency and effectiveness in terms of their operations. Tablets now a day are equipped with various advanced solutions available in PC’s in a portable manner which helps in making the products more cost efficient as compared to PC.
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