Home
News
Products
Corporate
Contact
 
Saturday, November 23, 2024

News
Industry News
Publications
CST News
Help/Support
Software
Tester FAQs
Industry News

APAC Tablet Market Forecast to Shrink in 2023 Amid Weakening Demand


Friday, April 7, 2023

The tablet market in Asia/Pacific (including Japan and China) region posted a 1.5% year-over-year (YoY) growth in 2022, reaching 57.8 million units, according to the International Data Corp. (IDC) Quarterly Personal Computing Devices Tracker.

However, tablet shipments are expected to decline by 11.5% in 2023 as demand slowed after the pandemic. Consumer shipments grew by 4.5% in 2022, totaling 45.4 million units.

“China was the major growth contributor in Asia/Pacific. The country was still going through different levels of COVID-19 lockdowns and control policies in most of 2022, which stimulated demand for online learning and home entertainment. Consumer demand softened in the rest of the region, as spending shifted away from devices to other categories,” said Jennifer Kwan, Senior Market Analyst, Client Devices Research, IDC Asia/Pacific.

The commercial market declined by 8.2% in 2022. Education was the only segment to grow in 2022, thanks to government initiatives and sizable education projects in India, Korea, Malaysia, Taiwan, and the Philippines. Shipments to the private sector declined as businesses remained cautious in IT spending. In China, COVID-19 control measures negatively impacted commercial purchases, as the restrictions caused delays and cancellations of commercial projects in both private and public sectors.

IDC expects the unfavorable macroeconomic environment to continue to negatively impact consumer spending on devices. Businesses, meanwhile, are likely to continue their cautionary spending on devices into 2023. The education sector is forecast to shrink with fewer mega-volume projects in the pipeline.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2023 CST, Inc. All Rights Reserved