Mobile Computer Market Worth $3.3 Billion by 2029
Added: (Fri Jun 09 2023)
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A mobile computer is a portable, handheld device used in enterprise environments to run mobile apps, capture barcodes, take photos and videos, and provide voice and data communications for workers and managers. Mobile computers are available in different form factors ranging from smartphone-style and tablet devices to rugged industrial-grade handheld computers.
The latest publication by Meticulous Research® on the mobile computers market estimates that the Mobile Computers Market is to Reach $3.3 Billion at a CAGR of 7.4% During the Forecast Period 2022–2029. The rising need to eliminate manual data capture and entry errors, growing government initiatives for the use of AIDC technology, and growing demand for mobile computing in warehouses and distribution centers are the major factors driving the demand for mobile computers. However, the security concerns related to the data captured by mobile computers is the major concern of the end-use industries that are retraining the growth of this market. On the other hand, the COVID-19 influenced the diversified inclusion of mobile computers in the healthcare sector, thus, offering great opportunities for the market stakeholders. However, reliable network connectivity is the major challenge reducing the industry growth in the under-developed regions of the world.
To facilitate efficient analysis, Meticulous Research® has segmented the mobile computers market based on device type (key-based mobile computers, full-touch PDA-based mobile computers, rugged tablets, and software), portability type (handheld computers, wearable computers, and vehicle-mounted computers), end-use industry (transportation, manufacturing, banking & finance, retail, healthcare & life sciences, warehouse & logistics, e-commerce, and other end-use industries), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at the country level.
Based on device type, in 2022, the full-touch PDA-based mobile computers segment is expected to account for the largest share of the mobile computers market. The large market share of this segment is attributed to the growing adoption of full-touch mobile computers by various end-use industries, such as healthcare. Further, due to the benefits such as easy installation of updated software and simpler operating systems, it is estimated that the same segment will grow at the fastest rate during the forecast period.
Based on portability type, in 2022, the handheld computers segment is expected to account for the largest share of the mobile computers market. Handheld computers use wireless networking protocols to communicate with a central server that houses critical software applications. This configuration allows the central server to coordinate input from numerous employees while maintaining accurate real-time data. Other benefits such as higher portability, on-time data entry, zero paperwork, and less possibility of human errors have further influenced the demand for handheld computers.
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Based on end-use industry, in 2022, the warehouse & logistics segment is estimated to account for the largest market share. This is due to the growing adoption of mobile computers in the daily operations of warehouse & logistics operations which have improved productivity by minimizing walking steps and reducing distractions that lead to careless work and avoidable mistakes, reducing costs of picking and fulfillment errors, eliminating loss of sales, minimize returns, increase customer impact, and minimize sales costs. These factors are driving the demand for mobile computers in the warehouse & logistics industry.
However, the healthcare segment is slated to become the fastest-growing segment during the forecast period. During the COVID-19 pandemic, the use of mobile computers has been influenced. Due to its benefits, such as touchless data entry and higher productivity, it is expected to further increase its adoption during the forecast period.
Based on geography, in 2022, Asia-Pacific is estimated to account for the largest market share due to the large adoption of mobile computers in regional end-use industries such as healthcare, retail, e-commerce, and manufacturing. The growing industrialization in countries such as China, India, Indonesia, and Vietnam is driving the high demand for enterprise rugged mobile computers across Asia-Pacific. Also, the rapid adoption of digital transformation across industrial sectors and the consistent need to improve healthcare infrastructure are the key driving factors for the mobile computers market in Asia-Pacific.
The Asia-Pacific region is slated to register the fastest CAGR during the forecast period. The growing e-commerce, manufacturing, and transportation market in China, India, South Korea, Singapore, and Japan is driving the adoption of mobile computers. These factors are also expected to drive the Asia-Pacific mobile computers market growth with the fastest CAGR during the forecast period.
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The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players in the mobile computers market.
The key players operating in the mobile computers market include Newland EMEA (Netherlands), Zebra Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Datalogic S.P.A. (Italy), Bluebird Inc. (South Korea), Unitech Electronics Co. Ltd. (Taiwan), Opticon Sensors Europe B.V. (Netherlands), Winmate, Inc. (Taiwan), JLT Mobile Contacts (Sweden), Wasp Barcode Technologies (U.S.), Keyence Corporation of America (U.S.), Transition Products Inc. (U.S.), Handheld Group (Sweden), Comark (U.S.), Advantech Co., Ltd. (Taiwan), and Denso ADC (U.S.).
Key Questions Answered in the Report-
1 Which are the high-growth market segments in terms of device type, portability type, end-use industry, and geography?
2 What was the historical market size for mobile computers?
3 What are the market forecasts and estimates for the period 2022–2029?
4 What are the major drivers, restraints, opportunities, and challenges to the mobile computer market?
5 Who are the major players in the mobile computers market?
6 How is the competitive landscape in the mobile computers market?
7 What are the recent developments in the mobile computers market?
8 What are the various strategies adopted by the key players in the mobile computers market?
9 What are the key geographic trends, and which are the high-growth countries?
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