A research by Digitimes reveals that shipments of electronic Tablets will decline in 2021 and beyond. In fact, the slip will likely continue for the next five years. And that will mainly occur as demand narrows down to the enterprise and education sectors.
In the estimate report, it is quoted that a dip of about 10.5% in shipments is imminent in the next year(2021). However, the overall shipments will float around 120 million units every year from 2021-2025. Previously, COVID-19 forced people to stay at home while they study and work online. This led to a surge in demand for Tablet and inturn increase in shipments midway of Q1 2020. Particularly, China, which is the epicenter of the pandemic, witnessed a near 30% increase in the educational tablet market.
Following this, the Q2 2020 showed a flat growth of 26% in shipments with Apple leading the way, and Lenovo and Huawei becoming fastest growing brands. However, people are starting to adapt to the situation now by returning to their offices and colleges. And, as operations across the world resume, the latest report states the demand will mainly be from high-end enterprise segments. Also, the report denotes that Huawei might lose a chunk of its hold next year.
This is because the US government has recently started pressurizing the Chinese giant by restricting the supply of key components like SoC to its products. That said, Lenovo and Apple will reportedly grab a bite of Huawei’s global tablet market as a result.
Additionally, Amazon, famous for its Fire tablets, will face a decline in the next five years. The reason for the decline is the focus on small-size tablets. This is understandable considering the demand for large-screen tablets have grown by a near 10% YoY in shipments of tablets above 10-inch displays.
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