Compass Intelligence Predicts that Tablet PCs will Overtake Laptops as the Dominant Business Computing Platform

SAN ANTONIO, Nov. 21, 2013 /PRNewswire/ -- Compass Intelligence is proud to announce the release of its latest report on the Global Tablets Market. This new report, authored by J. Gerry Purdy, Ph.D. and Kate Pearce provides a forecast for the market through 2018. The global market for Tablets is expected to grow from 187.5 million units in 2013 to over 525.9 million units in 2018 at an average compound annual growth rate (CAGR) of 22.9 percent.

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There is a major paradigm shift in the mobile and wireless computing market. Consumers and businesses are starting the move from desktop and laptop computing to more mobility-driven solutions such as smartphones and tablet PCs. This shift has captured the attention of countless hardware vendors that want to capture attention and achieve growth objectives in this rapidly expanding market.

"The tablet market is the fastest growing segment of the mobile device market," said Dr. Purdy, Chief Mobility Analyst at Compass Intelligence.  "Tablets are being used more during travel because they are small and light enough to be carried around with you all day. And, they provide a better visual experience than using a smartphone."

"Although the annual growth rate will fall over the next five years, the overall growth shows that that tablets will zoom past PC sales and become second only to smartphones in annual sales", said Kate Pearce, Sr. Strategist at Compass Intelligence and responsible for the forecast.

The research was produced as the first deliverable in the new Mobility Research service at Compass Intelligence. The tablet market forecast takes various external and internal factors into considerations and the Compass Intelligence team has made painstaking efforts to future tablet sales and transitions that are likely to occur in a rapidly changing market.

Highlights from the tablet report:

• The report provides details on the large vendors in the tablet market. Some highlights include:
  • Market share (and forecast) for the tablet market; by vendor, by operating system, and by form factor.
  • Breakdown of the tablet market by region, consumer vs. business, and embedded wireless.
• While providing data about the tablet market and how we foresee market shares and technology changing over the next five years, the value of the report is in the qualitative insights that will help companies in the ecosystem understand how they must advance to survive in this rapidly-evolving market.

It is essential for vendors and service providers to really be nimble to sustain growth in the tablet market. Computing devices are an extension of user's personalities and traits and understanding these trends can help companies succeed in the diverse global market.

To order the report or get more information, please contact Gerry Purdy ([email protected]).

About Compass Intelligence

Compass Intelligence, a market analytics and consulting firm, specializes in strategy acceleration and insights for the high-tech and telecom industries while providing clients tailored services through excellent customer support. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.com.  Follow Compass Intelligence on Twitter at @CompassIntel

Media Contact:
Dilip Sarangan
Director of Marketing & Operations, Compass Intelligence
(214) 274-6747
[email protected]

SOURCE Compass Intelligence