The tablet market is in the toilet
The second quarter of 2023 has painted a grim picture for tablet shipments, revealing a significant decline. As reported by the International Data Corporation (IDC), worldwide tablet shipments declined a stark 29.9 percent year over year, amounting to just 28.3 million units in total.
The once-prosperous market seems to be gasping for air, with top vendors recording double-digit losses. Attributed to weakened consumer confidence and decreased purchasing power, these negative impacts were further compounded by high channel inventory levels. The silver lining? IDC expects this issue to gradually improve in the coming months.