Global Mobile Computing Devices Market – Industry Trends and Forecast to 2029

Market Analysis and Size

The market for mobile computing devices across the globe is anticipated to develop at the fastest rate over the next few years. Emerging technologies, declining consumer electronics prices, industrialization, and government initiatives are all credited with this. Additionally, emerging markets provide a sizable pool of potential customers, drawing in international firms. Additionally, the electronics industry in China is anticipated to expand significantly, while the IT and telecommunications sectors in India are flourishing. These factors contribute to expanding the mobile computing devices market over the forecasted timeline.

Global mobile computing devices market was valued at USD 4.70 billion in 2021 and is expected to reach USD 6.79 billion by 2029, registering a CAGR of 4.7% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Market Definition

Mobile computing devices are small, portable machines that can carry out the fundamental tasks of a personal computer. Smartphones, tablets, laptops, game consoles, and e-readers are a few examples of mobile computing devices. When a computer is used often, it is transported via mobile computing, a type of human computer interface. Software, hardware, and communication all have a place in mobile computing.

Mobile Computing Devices Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Burgeoning Demand of Gadgets

The market has grown significantly over the past few years due to the expanding use of mobile computing devices across various end-use sectors. As they bridge the gap between conventional laptops, PCs, and tablets, they are available with a wide variety of capabilities, which is driving a growth in the usage of mobile computing devices. Devices with features like cloud connectivity, mobility, and expanded portability are also considerably boosting the market for mobile computing devices. As a result, the mobile computing devices are being accepted widely, for a variety of uses, across all age groups, and are expected to grow significantly in during the forecast period.

Furthermore, the rising disposable income of the people is estimated to have an accelerated growth over the forecast period. The market for mobile computing devices in this region is being stimulated by an increase in gaming and online retailing activities. The e-commerce industry is expanding quickly, which fuels the need for mobile computing devices. The market for mobile computing devices in this area is expanding as a result of rising consumer disposable income and increased awareness of new technology.

Opportunities

• Surge in Funding and Technological Advancements

The increasing level of funds by the organizations for research and development activities is estimated to generate lucrative opportunities for the market, which will further expand the mobile computing devices market's growth rate in the future. Additionally, the growing number of technological advancement by market players further offer numerous growth opportunities within the market.

Restraints/Challenges

• Data Breach and Issues associated with Network Connectivity

One of the key factors limiting the market for mobile computing devices is the potential of data breach. Due to the lack of high-quality network connectivity in many parts of the world, users of mobile computing devices are unable to access its advanced functions.

• Cost and Battery Drawbacks

The higher cost of production and lower battery life of mobile computing devices is estimated to be significant challenge for the mobile computing devices market over the forecast period.

This mobile computing devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mobile computing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Mobile Computing Devices Market

The mobile computing devices market was enormously impacted by the outbreak of COVID-19. The businesses were severely impacted by the COVID-19 outbreak. Several governments imposed lockdowns had compelled most of the populace to stay at home. Many people, organizations, and educational institutions have adopted a work-from-home policy. The global import of mobile phones has increased as a result of the ongoing pandemic and online classes. As online instruction continues, the demand for cell phones has increased significantly in emerging markets, which has increased mobile device production during the COVID-19 pandemic. This circumstance is also present in the business world.

The COVID-19 pandemic also saw the rollout of high-speed network technology like the 5G network, which will increase demand for ultra-mobile devices in the market. The expansion of the mobile computing devices industry is likely to be accelerated by the anticipated rise in demand for various applications.

Recent Developments

• In July 2021, The CT45 and CT45 XP mobile computers have been introduced, according to Honeywell International, Inc. These portable computers are multifunctional productivity aids that facilitate the swift sorting, picking, and delivery of online orders by employees. These mobile devices include Qualcomm Technologies, Inc.'s IoT mobile solutions and support Android 13.
• In October 2021, Antuit.ai was purchased by Zebra Technologies for an undisclosed sum. Zebra Technologies is a manufacturer or provider of numerous technologies used to sense, analyse, and respond in real-time. Zebra Technologies' growing retail and consumer packaged goods (CPG) software portfolio is aided by this acquisition. Antuit.ai provides top-tier retail and consumer product firms with digital solutions that aid in business transformation.

Global Mobile Computing Devices Market Scope

The mobile computing devices market is segmented on the basis of type, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Smartphones
• Tablets
• Laptops
• Wearable Devices
• Others

 End User

• Consumer
• Industrial
• IT and Telecommunications
• Manufacturing
• Transportation and Logistics
• Defence and Government
• BFSI
• Retail
• Energy and Utilities
• Healthcare
• Others

Mobile Computing Devices Market Regional Analysis/Insights

The mobile computing devices market is analyzed and market size insights and trends are provided by country, type, and end user as referenced above.

The countries covered in the mobile computing devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the mobile computing devices market because of the rising usages of mobile devices along with growing number of technological advancement within the region. Moreover, the prevalence of improves technology infrastructure in U.S., and Canada is further estimated to accelerate the expansion over the forecast period.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to rapid industrialization and urbanization area within the region. Moreover, rising online retailing and gaming activities acts as a significant contributor to the expansion of the regional market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Mobile Computing Devices Market Share Analysis

The mobile computing devices 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 computing devices market.

Some of the major players operating in the mobile computing devices market are

• Acer Inc. (Taiwan)
• Apple Inc. (U.S.)
• HTC Corporation (Taiwan)
• Google Inc. (U.S.)
• Dell Inc. (U.S.)
• Sony Corporation (Japan)
• ASUSTeK Computer Inc., (Taiwan)
• Honeywell International, Inc. (U.S.)
• Accenture (Ireland), FUJITSU (Japan)
• Lenovo (China)
• Barnes & Noble, Inc. (U.S.)
• HP Development Company, L.P. (U.S.)
• Microsoft (U.S.)
• Samsung (South Korea)

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