Tablets Market 2021-2026: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The vendors are deploying various organic and inorganic growth strategies to compete in the market. Market vendors are focusing more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Various companies are engaging in strategic partnerships and launching innovative products for strengthening their foothold in the market. For instance, In November 2021, Lenovo Group Ltd. introduced new endpoint management tools to improve IT efficiencies and better secure devices in the hybrid workplace. In November 2021, Samsung Electronics Co. Ltd. introduced upgraded health and personalization features to Galaxy Watch, Galaxy Watch active, and Galaxy Watch active2. To make the most of the opportunities, tablet market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Some of the key tablet manufacturing companies include:
- Acer Inc.
- Apple Inc.
- ASUSTeK Computer Inc.
- HP Inc.
- Huawei Investment and Holding Co. Ltd.
- Lenovo Group Ltd.
- LG Corp.
- Microsoft Corp.
- Panasonic Corp.
- Samsung Electronics Co. Ltd.
Need to customize this report with Competitive Benchmarking and Vendor Analysis, Speak to Our Analysts
Tablets Market 2021-2026: Drivers and Challenge Analysis
Technological advances and virtual learning is one of the key factors influencing the market growth positively. Online tutoring has eased the laborious nature of work for teachers. Virtual learning also provides students with the advantage of convenience in taking notes to copy and paste information for use in reports or for analysis. It is ideal for homeschoolers and physically challenged students or those with health issues. The penetration of technology in the education sector has affected various aspects. It has enhanced the studying and learning experience beyond the classroom, in turn, driving the market's growth. Furthermore, rapid penetration of Internet-enabled devices and increase in use of tablets in educational institutions will also boost the market growth.
However, the tendency to buy devices with lower configurations might hamper market growth. The continuous developments in educational software have increased their complexity. Users face issues related to the proper use of these new functionalities. Manufacturers of tablets used for educational purposes must come up continuously with updated hardware solutions to meet the various software requirements. This makes the old device incompatible with new software updates as they do not fulfill the minimum system requirement.
For more insights on factors influencing the market, Request for FREE Sample Now!
Tablets Market 2021-2026: Segmentation Analysis
- Type
- Hybrid
- Convertible
- Slate
- Rugged
The hybrid type segment led the tablets market share in 2021 and will continue to retain its dominance in the market throughout the forecast period. The report also offers key highlights on the contribution of other segments during the forecast period. A hybrid laptop can be used as either a laptop or a standalone tablet. Its changeable, hybrid design is intended to offer something for everyone. The growth of this segment can be mainly attributed to the convenience it offers.
- Geography
- APAC
- Europe
- North America
- MEA
- South America
APAC was the largest revenue-generating tablet market segment in 2021. The market in the region is mainly driven by the demand for tablets in the commercial and industrial sectors. The increasing demand can primarily be attributed to a growing user base in end-user segments such as fleet management, delivery applications, logistics, automation, and education.
Download Sample Report to Get Highlights on the Contribution of Each Segment.
Tablets Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our tablets market report covers the following areas:
- Tablets Market size
- Tablets Market trends
- Tablets Market industry analysis
Subscribe to our "Lite Plan" billed annually at USD 3000 that enables you to download 3 reports/year and view 3 reports/month.
Tablets Market 2021-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist tablets market growth during the next five years
- Estimation of the tablets market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the tablets market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of tablets market vendors
Related Reports:
Laptop Market by Type and Geography - Forecast and Analysis 2020-2024
Education PC and Tablet Market in US by Product and End-user - Forecast and Analysis 2021-2025
Tablets Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.61% |
Market growth 2022-2026 |
42.02 mn units |
Market structure |
Fragmented |
YoY growth (%) |
4.30 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 34% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Acer Inc., Apple Inc., ASUSTeK Computer Inc., HP Inc., Huawei Investment and Holding Co. Ltd., Lenovo Group Ltd., LG Corp., Microsoft Corp., Panasonic Corp., and Samsung Electronics Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article