The tablets market consists of sales of tablets by entities (organizations, sole traders and partnerships) that provide tablets which are portable computers that use touchscreens as their primary input. Most tablets are slightly smaller and weigh less than an average laptop. Generally, the size of a tablet screen is smaller than a laptop computer and larger than a smartphone. Only goods and services traded between entities or sold to end consumers are included.
The global tablets market is expected to grow from $65.96 billion in 2019 to $66.62 billion in 2020 at a compound annual growth rate (CAGR) of 1%. The slow growth rate is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, working and learning at home. The market is expected to grow to $89.39 billion in 2023 at a CAGR of 10.3%.
