LONDON--(BUSINESS WIRE)--The global industrial tablet PC market is projected to grow to USD 102.15 million by 2021, at a CAGR of more than 6% over the forecast period, according to Technavio’s latest report.
In this report, Technavio covers the market outlook and growth prospects of the global industrial tablet PC market for 2017-2021. Based on end-users, the market is divided into industrial, transportation, and healthcare segments.
|An industrial tablet PC is an electronic device used to transfer and store important data in an industrial working environment, following which the information is integrated and used for operational and business functions. The compact and rugged tablet design, with friction hold and reduced vibration, is leading to the increased adoption of these devices.|
Technavio’s research study segments the global industrial tablet PC market into the following regions:
Industrial tablet PC market in EMEA
“EMEA occupies about 37% of the global industrial tablet PCs market, with industries such as transportation, healthcare, chemical and petrochemical, food and beverage, power, and energy creating a high demand for these devices,” says Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation research.
The market growth in EMEA is mainly driven by the demand for cheap tablets that are compatible with the industrial setup. The revenue contribution is expected to increase from countries such as Germany, France, UAE, and Saudi Arabia, further driving the growth of the segment.
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Industrial tablet PC market in the Americas
The industrial segment dominates the industrial tablet PC market in the Americas, followed by the transportation and military sectors. The growing healthcare industry, combined with the development of shale gas and its production will contribute significantly to the growth of the market in the region. Also, the high military spending of the US is likely to propel the growth of the market segment. High levels of technological integration in manufacturing, supply chain, and field services by the industrial segment contribute to the increased consumption of industrial tablet PCs in the Americas.
Industrial tablet PC market in APAC
“APAC is likely to be the fastest growing segment of the industrial tablet PC market, with a projected CAGR of over 6% through 2021. The increase in customer base and the rising penetration of tablets in transportation, logistics, fleet management, and delivery have resulted in the growth of the market in APAC,” says Raghav.
The industrial and transportation sectors are the top revenue contributors to the market, while most of the growth is likely to originate from the thriving automotive sector. Developing nations such as India, Indonesia, Thailand, and Malaysia are very quickly integrating industrial tablet PCs into their industries, which vendors are successfully capitalizing on.
The top vendors in the global industrial tablet PC market highlighted in the report are:
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
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