Tablet PC Market: Global Industry Analysis And Forecast (2023-2029)

Tablet PC Market size was valued at US$ 930.14 Mn. in 2022 and the total revenue is expected to grow at 6.7 % through 2022 to 2029, reaching nearly US$ 1464.53 Mn .
Tablet PC Market Overview:
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. Apple's iPad, like the iPhone before it, ushered in a revolution in tablet computing. Tablet sales have increased rapidly in recent years, reaching double-digit millions worldwide. With the next must-have mobile media tablet, computer makers are striving to capture the consumer's imagination. iPad, Android, BlackBerry, HP WebOS, and Windows are among the tablet systems available, with individual platforms offering web browsers. Each platform runs apps that are specific to that platform's operating system. Tablets are still a limited market in mainstream computing, but with 3G capabilities, WiFi, and greater wireless connectivity, they are becoming increasingly popular.To know about the Research Methodology :- Request Free Sample Report
Tablet PC Market Dynamics:
Consumer demand for computing devices that are smaller than laptops or desktop PCs but larger than smartphones and provide effective functionality and portability is driving the market. In the recent past, there has been a paradigm shift in customer demand towards tablet devices. In recent decades, there has been a movement in client demand toward tablet computers. As a result of technological advancements, tablets, which were originally mostly used for entertainment, have gained popularity in a variety of applications, leading to a shift in customer usage habits. Tablets are being used in a range of areas, including education, business, personal, and commercial.

Tablet designs have changed dramatically in response to customer needs, with amenities such as lighter tablets and higher screen resolution and size, improved graphics for gaming and video streaming, and applications for bill payment and syncing with other electronic devices for surveillance. Additionally, the development of new devices with lucrative features is estimated to assist the worldwide tablet pc market during the forecast period.

Additionally, federal regulations governing the use of tablets in schools and colleges for educational purposes, as well as the expanding use of hybrid tablets in businesses, will provide the market with a number of potential prospects over the projected period. Low-speed CPUs, a lack of ports, fragility, and a high cost, on the other hand, are limiting market growth over the forecast period.

Lenovo dominates the Indian tablet market, which is anticipated to boost by 6% by 2022:

Lenovo's corporate division, which it took over from Samsung at the top, has experienced rapid expansion, fuelled by the business and government sectors. It has an excellent score on tablet market requirements in the preceding 14 corners. Lenovo's Tab M10 (HD) series accounted for ten percent of the market. Samsung came in second place in the market leader board with a 30 percent market share. In 2022, Samsung has release several tablets, including the Tab A7 LTE and Wi-Fi, as well as the Tab S7, S7 Plus, and S6 light.

The Tab A7 LTE and Wi-Fi was the most successful of Samsung's tablet launches, accounting for a staggering 13% percent of the company's total tablet portfolio. Surprisingly, a premium brand like Apple supplanted a solid value-for-money brand like iBall at third place with a 17% market share during the course of the year.

Work-from-home (WFH) and learning-from-home (LFH) prospects and demand caused a considerable upsurge in the Indian tablet sector in the Year 2022, notwithstanding the pandemic.

COVID-19 Positive Impact on the Global Tablet PC Market:

The prominence of tablet PCs has fallen in recent years, but according to Canalys, globally tablet deployments reached 37.5 million units in the second quarter, up 26% within the same qtr last year.

With the work-from-home (WFH) culture enforced by the coronavirus and 90 percent of the world's 694 million students switching to virtual learning earlier this year, it's no surprise that tablet producers and carriers are enjoying a renaissance. Analysts at Canalys produced research highlighting the growing global demand for tablets.

With iPad shipments up 20%, Apple maintained its market-leading position; the company's second-quarter shipping numbers (more than 14 million tablets) set a new high. While Huawei may not be as well-known or popular in the United States, it performed well in Western Europe.

The coronavirus pandemic has heightened rivalry for communal screen time among family members who have been compelled to stay inside "Tablets help solve this problem by allowing each member of the family to have their own gadget. They're also less expensive than desktops and notebooks. The emergence of detachable tablets has been a boon for consumers with higher productivity needs. These devices have become popular as primary work devices, therefore they must be considered when assessing the PC market as a whole. The recent success of Apple and Lenovo demonstrates the value of having a tablet product as a mainstream PC provider."
Tablet PC Market Segment Analysis:
The global Tablet PC Market is segmented by Operating System, Screen Size, Application, and Distribution Channel.

Based on the Operating System, the global Tablet PC market is sub-segmented into Android, iOS, and Windows. The iOS segment held the largest market share of 38% in 2022. iPads are the most popular tablets in the world, and graphic artists prefer them since certain professional programs are only available on iOS devices, assisting the growth of iOS-supported tablets.However, Android is the fastest-growing platform and the only one that can compete with Apple's iOS. Because Android operating systems are accessible in a variety of brands, android tablets are the most widely distributed around the world. The key drivers of the popularity of Android tablets are their relatively lower pricing, ease of availability, and high compatibility with a variety of devices.

Based on the Application, the global Tablet PC market is sub-segmented into Education, Work, Entertainment and Others. The Entertainment segment held the largest market share of xx% in 2022. Tablets offer a larger screen than smartphones and are easier to transport than laptops, giving users the best of all worlds in a single device for watching OTT video. Due to the rise in edtech platforms and the emergence of online classes, educational tablets have been the fastest expanding segment post-pandemic. Graphic designers are the most likely to use tablets for professional activities, and they will be critical to the tablet pc market's growth during the projection period.
Tablet PC Market Regional Insights:
North America held the largest market share of 37% in 2022. The North American market is likely to be driven by rising energy investments. The energy sector, which is the third-largest in the United States, is receiving a significant amount of investment. For example, according to Bloomberg New Energy Finance (BNEF), the US is forecast to invest roughly USD 700 million over the next 20 years to boost renewable energy capacity, boosting the market for industrial tablet PCs in the region.

In the South American market, the Android operating system has a substantial presence. Many Android smartphone manufacturers are focusing on the regional table market. Due to the fact that iOS is a leading company, android smartphones are expected to gain ground in the near future. Android tablets accounted for 74% of the tablet market in Argentina, compared to 71% in Brazil and 59% in Mexico. Because of technological advancements in developing countries such as China, India, and Japan, Asia Pacific is expected to be the most important regional market throughout the forecast period.

The objective of the report is to present a comprehensive analysis of the global Tablet PC Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also helps in understanding the global Tablet PC Market dynamic, structure by analyzing the market segments and project the global Tablet PC Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Tablet PC Market make the report investor’s guide.
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Global Tablet PC Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 930.14 Mn.


Forecast Period 2023 to 2029 CAGR:
6.7 %
Market Size in 2029:
US $ 1464.53 Mn.


 Segments Covered:
by Operating System
Android
iOS
Windows


by Screen Size
7 inch
7 inch & above


by Application
Education
Work
Entertainment
Others


by Distribution Channel
Online
Offline



Tablet PC Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Tablet PC Market Key Players
1. Apple Inc.
2. Lenovo Group Ltd.
3. Samsung Technologies Ltd.
4. Huawei Technologies Co Ltd.
5. AsusTek Computer Inc.
6. LG Electronics Inc.
7. Acer Inc.
8. The Hewlett-Packard Company.
9. Microsoft Corporation.
10.Pandigital.
11.Google Inc.
12.Nvidia., and HTC Corporation
13.ADLINK
14.ARBOR Technology
15.DAP Technologies
16.Glacier Computer
17.Kontron
18.Archos
19.MobileDemand
20.NEXCOM
21.Xplore.

Frequently Asked Questions:

1. Which region has the largest share in Global Tablet PC Market?
Ans: North America region holds the highest share in 2022.

2. What is the growth rate of Global Tablet PC Market?
Ans: The Global Tablet PC Market is growing at a CAGR of 6.7 % during forecasting period 2023-2029.

3. What is scope of the Global Tablet PC market report?
Ans: Global Tablet PC Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Tablet PC market?
Ans: The important key players in the Global Tablet PC Market are – Apple Inc., Lenovo Group Ltd., Samsung Technologies Ltd., Huawei Technologies Co Ltd.,

5. What is the study period of this market?
Ans: The Global Tablet PC Market is studied from 2022 to 2029.