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Tablets Growing at 123.6 Percent through 2014

Despite the current global economic conditions, mobile computing devices continue to see surging demand -- resulting from sleeker designs, new form factors, and pent-up business demand.

Mobile computing devices -- including tablets, netbooks, smartbooks and notebook PCs -- will grow at a 19.1 percent CAGR through 2014 and account for over 400 million units, according to the latest market study by In-Stat.

"While there will be a battle for the lower-end Internet-centric devices like tablets and netbooks, notebooks will continue to be the overall demand driver as consumers focus on lighter and lower-cost PCs and businesses continue to transition to mainstream and high-performance mobile platforms," says Jim McGregor, Chief Technology Strategist at In-Stat.

In addition, demand for mobile computing is coming from both developing and industrialized regions.

In-Stat's market study found the following:

- Tablets will record the highest CAGR of 123.6 percent through 2014.

- Notebook shipments will reach 291 million units in 2014 and account for 52 percent of the computing market.

- Asia-Pacific will lead all regions in growth, surpassing 36 percent of the total market in 2014.

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