Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 4.70 Billion |
| USD 6.79 Billion | |
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Global Mobile Computing Devices Market, By 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) – 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
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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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.) and Samsung (South Korea)
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Market Opportunities
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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.
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
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
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
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.
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.
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
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
End User
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.
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
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.