Slow annual growth forecasted for the Tablets Market in the US

Slow annual growth forecasted for the Tablets Market in the US

Fast Market Research announces the availability of Technavio's new report "Tablets Market in the US 2015-2019" on their comprehensive research portal.

 A tablet is a wireless mobile computer with a touchscreen display, equipped with a processor, camera, a microphone, and an accelerometer. The different kinds of tables include convertible tablets, where the display rotates to 180 degrees, hybrid tablets, and rugged tablets designed for extreme conditions and rough handling.

Technavio's analysts forecast the tablets market in US to grow at a CAGR of 3% by revenue over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Tablets Market in the US 2015-2019

Commenting on the report, an analyst from Technavio’s team said: “The tablet market can now be segmented on the basis of the demand from various customer segments. User-friendly tablets are being developed that are designed for children, for gamers, and for consumers of media and content. This specialization and diversification of tablet design and function are contributing to the expansion and growth of the market. Firms such as Nvidea are coming up with tablets designed for specific purpose like the shield tablet has been designed for gaming, although not for hard core gamers, the nabi kids tablet comes with customized software for kids.”

According to the report, tablets are small in size and lighter than laptops, making them easy to carry around, with a longer battery life, easy-to-use touchscreen, and high-resolution displays. Since 2013 tablet manufacturers have been working on resolution in their displays and the pixels have been increased to 218 pixels per inch, whereas in laptops it is only 116 pixels per inch. These factors will drive market growth during the future growth.

Further, the report states that tablets and phablets are distinguished based on the screen size, where phablets have screen size from 5.1 inch to 6.9 inch; tablets have screen between 7 inch and 15 inch. Phablets can be used as phones and be carried around whereas it is difficult to use a tablet as a phone. The popularity of phablets is a big challenge for the survival of tablets.

The key players in the Tablets Market in the US are Apple, Amazon, Google, Samsung and Microsoft while other prominent vendors include Acer, Asus and Verizon

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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