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Tablet market will top $35bn by 2012, say analysts
Posted on February 28th, 2011 2 comments
Market analysts, JP Morgan have predicted that the tablet market will be worth $35.2bn by the end of 2012.As if there wasn’t enough speculation into the demise of the netbook already, the research also identified netbook and notebook PC devices as the major fall guys of the tablet’s continuing success story.
“We expect tablets to have an increasingly negative impact on PC shipments,” said analyst, Mark Moskowitz. “More than 35 percent of the tablets sold in 2012 will be cannibalistic, particularly as relates to netbooks and notebooks.”
JP Morgan’s figure of $35.2bn represents a $1.1bn increase from the analysts’ original figure, as the company admitted it had previously underestimated the potential of the tablet market.
They also predicted the market to be worth $26.1bn by the end of 2011.
Moskowitz continued, stating that he expected the rapid increase in challengers to the Apple monopoly to have a positive impact on overall tablet sales. The introduction of a tablet friendly version of Google’s Android OS – Honeycomb – represents the greatest democratisation of the market, and is by fair the greatest competitor to Apple’s dominant iOS.
But, as Moskowitz warned, with so many tablet devices flooding into the market, only the cream of the crop will survive.
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Tamanna Ratta June 9th, 2011 at 11:09