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

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,719.00 33.27 0.19%
Nasdaq 4,701.87 26.16 0.56%
S&P 500 2,052.75 4.03 0.20%
Treasuries 2.34 -0.02 -0.68%
Data as of 5:58pm ET
Company Price Change % Change
Intel Corp 35.95 1.60 4.66%
Kinder Morgan Inc 39.92 -1.02 -2.49%
Bank of America Corp... 17.00 -0.06 -0.35%
Apple Inc 116.31 1.64 1.43%
Yahoo! Inc 51.25 0.67 1.32%
Data as of 4:04pm ET

Sections

There are some of the standout vehicles on display this year at the Los Angeles Auto Show. More

Reggie Gray is one of many former FedEx Ground drivers who say the company illegally classified them as independent contractors rather than employees. More

Sarah Lacy, the journalist at the center of Uber's latest controversy, says misogyny isn't something people 'just grow out of.' More

When President Obama announces plans for immigration reform tonight, the tech community hopes he'll address visa policies for high-skilled, legal immigrants. More

Nearly half of all Americans say there's a chance they'll have to work during a holiday between Thanksgiving and New Year's, according to a new poll. And one in four say they'll have to work whether they want to or not. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.