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Tablet Market To Grow To 185 Million By End Of 2014

The global tablet market is set to grow to more than $70 billion by 2014 as revenues from that segment almost double every year and Apple's dominance on the segment is gradually loosened.

BGR reports that RBC Capital Markets General Manager Mike Abramsky published a note to his investors saying that leadership will be achieved through a combination of main four factors; differentiated user experience, innovation, value and surrounding software ecosystem.

He also notes that Apple's dominance might be short lived as Android gets the broader support from OEMs and mobile phone operators; this will see the scores of budget-priced Android tablets coming from Asia.

He also warns that there will be several tablet manufacturers that will exit the market along the way because there are now too many vendors altogether.

The obvious comparison that can be made is that with the MP3 market a decade ago when Apple introduced the iPod and scores - including the likes of HP - scrambled to compete delivering good products but ultimately powerless to prevent Apple from dominating the market until now.

Furthermore, Abramsky did not explicitly said whether these tablet would include the smartphone hybrids (Dell Streak, Samsung Galaxy Tab) and how the various operating systems would perform by 2014, especially given that one of them, Windows 8, is not even out of the door yet.