Is The Tablet Market Tanking?

Is The Tablet Market TankingIDC is out with a new report that shows that, while the global tablet market isn’t exactly tanking, it’s no longer the red-hot growth sector it was only a short time ago.

As it turns out, most people who want tablets already have one — and, apparently, they’re not in a hurry to update.

Worldwide tablet shipments recorded a year-over-year decline for the second consecutive quarter in the first quarter of 2015, IDC says.

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 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,” says Jean Philippe Bouchard, Research Director of Tablets for IDC. “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 than Wi-Fi-only tablets, cellular-enabled tablets also help position the segment as true mobile solutions rather than stay-at-home devices.”

To learn more, check out the report from IDC here.