Tablet market $49bn by 2015

The tablet market will grow to a $49 billion business by 2015, research firm Strategy Analytics said. This will make it the third largest consumer electronics sector, after televisions and personal computers, the research firm said, forecasting 149 million units will be sold in 2015, growing eightfold from 2010.

“Tablets are a high-value casual-computing segment that is creating huge growth opportunities for major brands, such as Apple and Samsung,” said analyst Neil Mawston. Apple’s iPad is expected to dominate the market for years, with Samsung Electronics a distant second.

Apple is estimated to have sold about one million iPad 2s in the first weekend of its US launch last month. Samsung may have sold a similar number of its Galaxy Tabs in the past three months and sales growth is expected to lag.

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