A surge of smaller and lower-priced media tablets has led International Data Corporation (IDC) to increase its 2013 forecast for the worldwide tablet market to 190.9 million -- that's up from its previous forecast of 172.4 million units. Increases in tablet shipments have been made throughout the forecast period with an average increase of 11 percent between 2013 and 2016. The latest IDC forecast estimates tablet shipments to be upwards of 350 million by the end of 2017. "One in every two tablets shipped this quarter was below 8 inches in screen size. And in terms of shipments, we expect smaller tablets to continue growing in 2013 and beyond," said Jitesh Ubrani, research analyst at IDC . Vendors are moving quickly to compete in this space as consumers realize that these small tablets are often more ideal than larger devices for their daily media consumption needs. Once again, Google android-based tablets expanded their share of the market in 2012, and IDC expects...
TMT Market Research and Analysis