Industry Forecasting

Industry Forecasting

Technology is a thing of beauty. The technological advancements that the world has accomplished in the past 50 years are amazing and have surpassed what men have achieved for hundreds of years. Although mankind has made leaps and bounds with respect to creativity and inventiveness, as of late it has truly skyrocketed. Many people claim to have visions of the future. However it is not easy for organizations to foretell or forecast how a product will survive in an industry without careful analysis of the product and the market.

These days there are so many organizations offering products and services that consumers can literally take advantage of. The offerings are inestimable and are a veritable smorgasbord. The goals of organizations are to keep abreast of consumer's needs, wants, lifestyle, attitudes, likes, and dislikes, just to name a few. One product that is making quite an impact in its industry is the home tablet. This is product that is making its way up the consumer ladder thanks to innovation and marketing strategies.

A table or a home tablet is a miniature wireless, portable, personal computer with a touch screen interface designed for individual use and powered by Android technology which is a mobile operating system. This product is a cross between a Smartphone and a Personal Computer. It is lightweight and offers all the mechanisms of a laptop. The tablet provides continuous web access, multimedia, boasts a large computer screen and presently the screen sizes ranges from seven to eight inches wide. The tablet offers functions, features and applications that are designed and suited for use in the modern home. The large screen features a high resolution perfect for many activities utilized by consumers like reading, web browsing, looking at videos, playing games, and so much more.

There are numerous major trends that are expected to impact the industry for home tablets over the next five years. The development of the tablet has spurred many uses for consumers. One important trend expected to impact this industry is the need for technological convenience at home. Consumers favor the tablet's extreme portability of easy transport around the home. Another great development with tablets is the use of its size, long battery life and ease of transfer especially for young people attending school or university. Another great advantage provided is ongoing Internet access and a relaxed digital lifestyle. The tablet also has features that offer built in Wi-Fi that connects to a network that provides easy access to a variety of information like news and weather. The trends associated with the tablet are vast and immense and continues to grow.

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