The global Mobile Computer market size is expected to be worth around US$ 10.49 billion by 2030, according to a new report by Vision Research Reports.
The global Mobile Computer market size was valued at US$ 5.64 billion in 2020 and is anticipated to grow at a CAGR of 5.2% during forecast period 2021 to 2030.
|Market Size||US$ 10.49 Billion by 2030|
|Growth Rate||CAGR of 5.2% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Component, Business Size, Industry|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Opticon Sensors Europe B.V.; Ankaref; Advantech Co., Ltd.; KEYENCE CORPORATION; Zebra Technologies Corp.; Casio Computer Co., Ltd.; CIPHERLAB Co., Ltd.; DatalogicS.p.A.; Honeywell International, Inc.; Handheld Group|
The need for a rugged mobile computer device that can gather inventory data and withstand at least a 5-foot drop, dust, dirt, and moisture is driving the market growth. Furthermore, the need for aligning the workflow with the appropriate mobile solution among industries is generating the demand for mobile computers across manufacturing, transportation, warehouse, and other industries. The market is constantly witnessing demand for these rugged devices as they can also read barcodes from a greater distance, making them appropriate for scanning vehicles passing from the toll or cartons stored at height in warehouses and ports.
By Component Analysis
The hardware segment dominated the mobile computer market with a revenue share of more than 70.05% in 2020 and is expected to expand at a significant CAGR over the forecast period. Handled terminals/PDAs and smartphone mobile computers, and their accessories, are the hardware required to streamline business operations in manufacturing floors, warehouses, field services, and ports.
The service segment is expected to witness promising growth opportunities. The number of mobile devices used across industries for a longer period is higher and these devices need to be maintained after using for at least three to four years.
By Business Size Analysis
The large businesses segment dominated the market in 2020, accounting for more than 50% of the overall market. The segment growth can be attributed to the high demand for mobile computers to manage a large volume of inventory.
SMBs continuously try to leverage upcoming opportunities to grow in their respective markets. Medium-sized businesses have the highest growth potential and many medium-size vendors are concerned about maintaining their manufacturing plants to ensure continued market growth.
By Industry Analysis
The manufacturing industry is expected to exhibit the highest CAGR of over 5% during the forecast period. The demand for mobile computers across FMCG, machinery, machine parts, plastic goods, and other areas of manufacturing spiked as consumer consumption increased over the year due to the growing population.
Warehouse emerged as the second most dominant segment in 2020. The segment growth can be attributed to a large number of warehouses across industries with small to large volume storage depending on size. A warehouse stores surplus goods until the products are ordered by the customers.
By Regional Analysis
North America emerged as a dominant region with a revenue share of over 40% in 2020 and is expected to expand at a significant CAGR over the forecast period. the number of warehouses is increasing in the U.S. owing to the rise in online shopping. This is expected to boost the demand for handheld terminals/PDAs and smartphone mobile computers.
Asia Pacific is expected to expand at the fastest CAGR of more than 6.0% over the forecast period. Asian countries such as China, India, Japan, and Vietnam are a hub of manufacturing industries and also have large warehouses of well-known e-commerce giants such as Amazon and Alibaba.
Opticon Sensors Europe B.V.
Advantech Co., Ltd.
Zebra Technologies Corp.
Casio Computer Co., Ltd.
CIPHERLAB Co., Ltd.
Honeywell International, Inc.
By Business Size
The Mobile Computer market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Mobile Computer market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Mobile Computer market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Mobile Computer market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Mobile Computer market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Mobile Computer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Mobile Computer by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Mobile Computer market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Mobile Computer market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Mobile Computer market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Mobile Computer industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Mobile Computer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Mobile Computer market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Mobile Computer market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Mobile Computer market. These factors have benefited the growth of the global market for Mobile Computer. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Mobile Computer. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Mobile Computer are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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