Global tablet market to grow at a CAGR of 8.5% through to 2019

The global tablet market is expected to grow at a CAGR of 8.5% from 2014 to 2019, in tandem with increased consumer demand for mobile applications and increased usage in the corporate and hospitality sectors. 

“Tablets provide an easy-to-use interface and connectivity via their OS for all required web applications, and combine the advantage of mobility combined with larger screens and visuals than are available on most smartphones,” says Faisal Ghaus, Vice President of TechNavio.

According to TechNavio, 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.

Demand from the education sector is also expected to spur growth in the tablet market. Tablets are ideal for education because of their ultra-portability, constant connectivity and compatibility with the latest applications.

“With tablets and cloud-based systems, students can work effortlessly from anywhere and the saved data will accessible, at ease,” said Ghaus.