The Global Tablet Market is expected to grow at a CAGR of 8.5 percent from 2014-2019, in tandem with increased consumer demand for mobile applications.
The number of internet users worldwide has increased significantly in recent years, which has had a huge impact on the Global Tablet Market.
"Tablets provide an easy-to-use interface and connectivity via their OS for all required web applications, and combine the advantage of mobility with larger screens than those available on most smartphones," says Faisal Ghaus, Vice President of TechNavio.
The new report from TechNavio emphasizes the growing demand for tablets in the corporate and hospitality sectors. Some end-users in the corporate sector are choosing tablets over PCs, as they can be more cost effective. The hospitality sector is also opting for tablets, in order to provide better customer service, and increase productivity and efficiency.
The report also highlights demand from the education sector, which is expected to spur growth in the tablet market. Changes to technology in classroom education is encouraging use of tablets because of their superior attributes like ultra-portability, constant connectivity and compatibility with the latest applications.
"With tablets and cloud-based systems, students can easily access their files and work effortlessly from anywhere," says Ghaus.
