Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Tablet sales may hit $75 billion by 2015

By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney) -- The proliferation of tablets from Apple, Motorola, Samsung and Research in Motion is making for a crowded market -- and it's one that will be worth tens of billions in four short years.

Research firm Strategy Analytics said in a study released Tuesday that the global tablet market will grow to $49 billion in revenue by 2015, with 150 million units sold worldwide.

That would make tablets the third-largest consumer electronics category, behind only TVs and PCs.

Market estimates vary between firms, however. And the Strategy Analytics estimates are actually among the most conservative.

Earlier this month, a Gartner study predicted global tablet sales will reach 294 million in 2015, for $77.4 billion in revenue. In a separate survey, Forrester said it expects 82 million people will be using tablets in the U.S. alone by 2015.

By comparison, just 17 million tablets were sold in 2010 -- and 14.8 million of those were Apple (AAPL, Fortune 500) iPads.

Since Apple kicked off the tablet craze last April, several competitors have jumped into the fray.

The first to dip its toe into iPad-dominated waters was Samsung, which released its Galaxy Tab in fall 2010. Next up was Motorola Mobility's (MMI) much-hyped Xoom, which came out in February and was the first device running on Google's (GOOG, Fortune 500) tablet-optimized Android 3.0.

The newest tablet is Research in Motion's (RIMM) BlackBerry PlayBook, a 7-inch device released on Tuesday. Hewlett-Packard (HPQ, Fortune 500) plans to charge into the market this summer with the TouchPad.

Last week, Gartner released a study breaking down tablet forecasts by operating system.

In 2015, Gartner expects the three biggies in the space to keep the lion's share of the market. Nearly half of all tablets will run on Apple's iOS (read: the iPad); Google' Android will comprise about 40%; and RIM's custom QNX software will be a distant third at 10%. To top of page

Index Last Change % Change
Dow 18,308.15 164.70 0.91%
Nasdaq 5,312.00 42.85 0.81%
S&P 500 2,168.27 17.14 0.80%
Treasuries 1.61 0.05 3.28%
Data as of 12:43am ET
Company Price Change % Change
Procter & Gamble Co 89.75 1.52 1.72%
Bank of America Corp... 15.65 0.49 3.23%
Chesapeake Energy Co... 6.27 0.15 2.45%
Wells Fargo & Co 44.28 -0.09 -0.20%
Cognizant Technology... 47.71 -7.29 -13.25%
Data as of Sep 30
Sponsors

Sections

Telsa CEO Elon Musk chided his salespeople for offering discounts to customers, violating the company's strict 'no negotiation, no discount' policy. More

China is no longer offering Venezuela new loans, according to experts. It spells bad news for Venezuela, which relied heavily on Chinese finance. More

Telsa CEO Elon Musk chided his salespeople for offering discounts to customers, violating the company's strict 'no negotiation, no discount' policy. More

U.S. Labor Secretary Tom Perez writes about why the Labor Department introduced a new rule requiring federal contractors to provide paid sick leave to workers. More