24Bit Episode 11: Are Tablets Dead?
Worldwide tablet shipments declined 11.8% to 31.6 million in 1Q18 (5.1% below forecast). The forecast for the remainder of the year has been lowered 0.8%, resulting in an annual total of 152.0 million units (-7.2% annually) for 2018. This is according to a recent tablets forecast update report released by IDC.
According to the report, Slate tablet shipments are expected to decline by 9.7% for 2018 and 4.7% annually through the remainder of the forecast period. After an underwhelming 2017 for detachables (2.2% growth) and a softer opening quarter to 2018 (-2.4%), the category is forecast to make a turnaround in the back half of the year, resulting in 9.2% growth for the full year with a 9.1% CAGR for the remaining years of the forecast.
This IDC study provides a five-year forecast for the tablet market for 2018–2022.
“The total tablet market remains a race to see when the growth of detachables starts to offset long-term decay of the slate category,” IDC Research Director, Devices, and Displays, Linn Huang says. “With convertibles continuing to gain, that inflection point continues to push ahead the horizon.”
Are tablets dead? Well, this the conversations we had in our latest episode of 24Bit. Watch the video below, share and subscribe.
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