DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Tablet Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" report to their offering.
The global tablet market is projected to register a CAGR of 20.6% in terms of value and 9.1% in terms of volume during the forecast period 2016-2026.
A growing adoption of e-commerce as a mainstream distribution channel and the rise of Android based tablets is likely to inflate the global tablet market value in the next 10 years. In terms of value, the global tablet market is anticipated to have a healthy incremental opportunity during the forecast period.
An increase in the disposable income and subsequently a rise in consumer purchasing power has led to the adoption of tablets among a wider class of society and this is likely to fuel the growth of the global tablet market over the forecast period.
Emerging markets such as India, China, and Brazil are also showing increasing adoption of tablets and this is another key driver for growth of the global tablet market. Further, there has been a strategic shift in consumer usage patterns - today tablets are used not only for entertainment but also for official purposes and in e-commerce transactions.
This has positively impacted the revenue growth of the global tablet market in the last few years and this trend is likely to continue in the coming years. Another factor boosting market growth is the availability of low-cost tablets with advanced operating systems.
Leading market players
- Apple Inc
- Lenovo Group Ltd
- Huawei Technologies Co. Ltd
- Acer Inc
For more information about this report visit http://www.researchandmarkets.com/research/cjp58j/tablet_market