A new report was recently released by IDC that has some potentially scary news for tablet manufacturers. The report, which was done on the entire global tablet market, shows that while the industry isn’t necessarily taking a nosedive it isn’t the fad technology market that it recently was.
The tablet market had been bustling over the past few years but the problem the market is facing now is that most of the people that want tablets already have them. To make matters worse, those that already have tablets aren’t really interested in upgrading to a new one anytime soon.
Tablet shipments worldwide in Q1 2015 recorded a year-over-year decline for the second consecutive quarter, according to IDC. “Overall shipments for tablets and 2-in-1 devices fell to 47.1 million in 1Q15, a -5.9% decline from the same quarter a year ago, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker,” the report reads.
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According to Research Director of Tablets for IDC Jean Philippe Bouchard, “The market slowdown that we witnessed last quarter is continuing to impact the tablet segment, but we see some growth areas that are starting to materialize. Cellular-enabled tablets are outgrowing the rest of the market, providing an additional revenue stream for OEMs and mobile operators. In addition to driving higher usage then WiFi-only tablets, cellular-enabled tablets also help position the segment as true mobile solutions rather than stay-at-home devices.”
Upgrading to a newer tablet isn’t always the easiest or most affordable thing to do. Some tablets are billed as laptop replacements so it makes sense that people who use tablets as such will upgrade their tablet in the same general time frame that they would a laptop, which is about every 5 years. While the tablet market is by no means tanking, it isn’t quite on par with its former glory.
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