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Tablet market getting ready to surge

Infinite Research expects 56% compound annual growth rate in shipments

Tablet market getting ready to surge
According to Infinite Research, the global market for tablet devices is set to boom.

The global market for tablet computers is entering into a period of rapid growth, according to a report by Infinite Research. The report states that there will be a compound annual growth rate of tablet shipments of 56% and says that 147.2 million tablets will ship in 2015. In 2010, 16.1 million units were shipped.

The report, called the ‘Worldwide Tablet Computer Market Forecast', says that sales of the devices are being driven by today's very mobile society, which needs real-time on-demand access to information, applications and the internet on the go at all times.

"Tablet adoption is occurring at an even faster pace than the historic rates set by peer devices such as smartphones, computers, MP3 players, game consoles, and DVD players" said Mark Ritorto, president, Infinite Research.

The tablet market has already spawned a robust industry and ecosystem which includes OEMs, software and application developers, component suppliers and service providers. Currently in its infancy, this market is set to boom as more and more developers get on board and more tablet devices are released.

The report, available here, forecasts market sizes, growth rates and market shares as well as shipment statistics for tablets over the next five years. It also covers the impact of tablet devices on the technology and telecommunication industries as well as in the consumer, health, education, military and retail sectors.

The report's market forecasts are broken down according to geography, connectivity technology type, operating system and vendor market share.

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