A recent report indicates that the shipments of electronic tablet will see a decline in 2021 and beyond that as well. In fact, the slip is likely to continue for the next five years. And this will mainly occur due to the fact that the demand will narrow down to the enterprise and education sectors.
The report goes on to indicate that a dip of about 10.5% in shipments is likely to be imminent in the next year. However, the overall shipments will float around that of 120 million units every year from 2021 to 2025. Previously, Covd-19 forced people to stay at home and study and work online. This led to a massive surge in demand as far as tablets were concerned and this in turn led to an increase in shipments midway of Q1 of this year. In particular, China, which of course happens to be the epicenter of the pandemic, saw a near 30% increase in the educational tablet market.
Following this, the Q2 2020 went on to show a flat growth of 26 percent in shipments as Apple lead the way and both Lenovo as well as Huawei become the fastest growing brands. However, people are now starting to adapt to the situation now by returning to their offices and colleges. And of course as operations across the entire globe resume, the latest report goes on to claim that the sales demand will mainly be drawn from the high-end enterprise segments. Also, it has in fact been claimed that Chinese manufacturer Huawei might lose a chunk of its hold next year.
This is because of the fact that the US has recently been pressuring Huawei by restricting the supply of key components like SoC to its products. With that said, both Lenovo and Apple are said to grab the global tablet market share that Huawei would let go due to the actions of the US government.