New Delhi, March 18: The tablet apps market is poised to grow rapidly in the coming years, accounting for 35 per cent of all app revenues this year, suggests a latest report by ABI research.
The research said, out of the combined $25 billion of smartphones and tablets, 65 percent will come from Apple's iOS ecosystem, 27 per cent from Google's Android, and the remaining 8 percent from the other mobile platforms.
As per the report, tablet apps will steadily increase their share of the market over the coming years, to an extent that they will, in 2017, nearly match the smartphone application revenues and surpass them in 2018, when the combined revenue base will reach $92 billion.
Commenting on the insights, senior analyst Aapo Markkanen said,” The dynamic is quite straightforward. The larger screen makes apps and content look and feel better, so there are more lucrative opportunities. One might think that the bigger installed base of smartphones would compensate for the disparity, but that notion fails to take into account the arrival of low-cost tablets, which hasn't even started yet at its earnest. The smartphones paved the way for them, but in the end we believe that it's the tablets that will prove the more transformative device segment of the two.”
He further added that the really big deal about tablets is how they will help to finally bring the computing age to, for instance, children and the elderly. According to Markkanen, the business opportunity associated with them is undeniable, but at the same they can also bring about very significant social benefits.
