A report compiled by IMS Research forecasts that as many as 70 million iPad 3 tablets could be sold in 2012 alone.
That would represent a year on year growth for Apple of up to 71 per cent and would allow the technology company to claim up to 70 per cent of the global tablet market.
Apple's iPad tablets accounted for 62 per cent of the market in 2011 with Amazon and Samsung vying for the second place with seven per cent of the tablet market.
Gerry Xu, PC Market Analyst at IMS Research said in a statement "There is a large customer base loyal to Apple products that have been waiting for the latest tablet. Many owners of the iPad v1 are also expected to upgrade to the latest release. In addition to this consumer demand, growth is also forecast as a result of sales into enterprise and education".
Xu notes that Windows 8 tablets could make a big splash in the market when the operating system gets launched in the second half of the year with Windows on ARM expected to power the rise of Microsoft in the tablet market.
In fact, IMS Research says that the share of Android tablets in the market will fall from 35 per cent in 2011 to only 26 per cent by the end of the year even if absolute shipment volumes should increase for Google's platform.
ITProPortal.com has a live blog of the event from London, covering the pre-iPad 3 buzz happening in the hours prior to the launch, rumours and the launch itself on Wednesday 7th. We suggest that you follow and bookmark this real-time live blog thread.