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Indicates that the installed base of tablets will continue to grow at a rapid rate in the coming years, surpassing 780 million in 2016, according to a new study from market research firm Strategy Analytics.
"Since the introduction of the iPad, the tablet market has shown hyperbolic growth rate," said Matthew McKee, an analyst at Strategy Analytics. "Yet, many households remain tablet-less. Price erosion in the premium and high tier segments, as well as the availability of a number of smaller, lower-cost tablets, like the Kindle Fire and Nexus 7, will drive further sales."