The tablet market has finally shown growth
By ForGeeks Analytics agency Canalys has published its new research on the tablet market. It shows that it showed a growth of 1% in the first quarter of 2024. Before that, the market had been in continuous decline for four consecutive quarters.
The recovery in consumer spending and the stabilization of the global economy are believed to be the main factors behind the growth. Overall, analysts expect a good year for tablets, thanks to the development of new technologies, the adoption of 5G in more regions and other innovations. If the forecasts are correct, the market will exceed pre-recession levels by the end of the year.
When it comes to market participants, Apple still leads with a market share of nearly 36% and 12 million units shipped, while Samsung reported a modest 1% growth with 6.8 million units. Huawei remains firmly in third place with an 8% market share, mainly due to its success domestically and in the Asia-Pacific region. Lenovo and Amazon are in fourth and fifth place, respectively.
Lenovo and Amazon are in fourth and fifth place.
