PUBLISHER: The Business Research Company | PRODUCT CODE: 1429874
PUBLISHER: The Business Research Company | PRODUCT CODE: 1429874
A mobile computer is characterized as a small, lightweight, and portable device capable of performing computing operations. This category includes smartphones, laptops, tablets, and other devices equipped with operating systems that enable them to carry out basic functions akin to those of a desktop computer.
The primary components of mobile computers encompass hardware, software, and services. Hardware refers to the physical components of a computer system or electronic device, comprising tangible parts that constitute the machinery and equipment enabling the computer or device to function. These mobile computing devices find application across various enterprise sizes, including small and midsize businesses, as well as large businesses, and are utilized in diverse industries such as retail, manufacturing, healthcare, warehouses, and others.
The mobile computer market research report is one of a series of new reports from The Business Research Company that provides mobile computer market statistics, including mobile computer industry global market size, regional shares, competitors with a mobile computer market share, detailed mobile computer market segments, market trends and opportunities, and any further data you may need to thrive in the mobile computer industry. This mobile computer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The mobile computer market size has grown strongly in recent years. It will grow from $6.36 billion in 2023 to $6.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The expansion observed in the historical period can be attributed to robust economic growth in emerging markets, an increasing penetration of e-commerce, a rising number of smartphone users, and an increase in disposable income.
The mobile computer market size is expected to see strong growth in the next few years. It will grow to $8.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The anticipated growth in the forecast period can be attributed to increasing internet penetration, a growing population, rising government support, and an increasing number of online purchasers. Key trends projected for the forecast period include technological advancement, product innovations, a focus on mobile technology, the launch of new chip technologies, and new product launches.
The growth of the mobile computer market is expected to be driven by the increasing penetration of the internet. The rising accessibility of the internet is anticipated to boost the demand for mobile computers, given their essential role in internet access and e-commerce transactions. According to Euro monitor International, a UK-based provider of global business intelligence, market analysis, and consumer insight, the global internet access reached 60% of the world's population in 2022. With a projected global online penetration rate of 71% by the end of 2027, an increase of a billion internet users worldwide is expected within the next five years. Consequently, the expanding internet penetration is poised to positively influence the growth of the mobile computer market in the forecast period.
The growth of the mobile computer market is expected to be supported by the increasing number of online purchasers. The surge in online shoppers has led to the optimization of websites and applications for mobile devices, enhancing user experiences and driving the demand for mobile computers. For instance, according to Optimonister, a US-based generation software for marketing agencies, bloggers, e-commerce websites, and small businesses, the US is expected to have 268 million internet shoppers in 2022, with projections nearing 285 million online consumers by 2025. Hence, the growing number of online purchasers is anticipated to drive the growth of the mobile computer market.
Companies operating in the mobile computer market are concentrating on technological advancements to solidify their market position. In June 2023, Zebra Technologies Corporation, a US-based mobile computing company specializing in real-time sensing, analyzing, and acting technologies, introduced the TC22/TC27, a robust mobile computer designed for businesses that previously relied on inferior devices. The TC22/TC27 is built to endure harsh environments, operating in temperatures between -10°C and +50°C, with resistance to tumbles, drops, and exposure to concrete. Featuring a large 6' FHD display, it enhances visibility for route optimization and micro-locations. Additionally, it is securely sealed with an IP68 rating, safeguarding it from dust and water.
Manufacturers in the mobile computer market are prioritizing product innovations to enhance their product portfolios and expand their consumer base. In January 2023, Advanced Micro Devices, Inc. (AMD), a US-based semiconductor company, launched new computing products across desktop and mobile platforms, delivering heightened performance for gamers, creators, professionals, and mainstream users. The Ryzen 7000X3D Series desktop processors and 65W Ryzen 7000 Series desktop processors offer increased options for Socket AM5 consumers. AMD also introduced the Ryzen 7045HX Series Mobile processors, providing over 50% faster performance on average for gamers and creators on the go. Additionally, AMD is unveiling the Ryzen 7040 Series mobile processors, some featuring the first dedicated AI circuitry in an x86 processor.
In 2021, Zebra Technologies, a mobile computing company specializing in technologies for real-time sensing, analyzing, and acting, acquired Antuit.ai for an undisclosed amount. This acquisition enhances Zebra Technologies' retail and consumer packaged goods (CPG) software portfolio, with Antuit.ai providing digital solutions to top-tier retail and consumer products companies.
Major companies operating in the mobile computer market report are Motorola, HP, Zebra Technologies, Honeywell International Inc., Advantech, Datalogic, Janam Technologies, Handheld Group, JLT Mobile Computers, Opticon Sensors Europe B.V., AsiaTek Computer, Tata Consultancy Services, Infosys, HCL Technologies, Tech Mahindra, Samsung, Atlassian, REA Group, Hitachi, Sony, Huawei, Lenovo, Xiaomi, Oppo, Vivo, ZTE, TCL, Haier, Hisense, Meizu, Apple Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Xiaomi Corporation, Dell Technologies Inc., Sony Corporation, AsusTek Computer Inc., LG Electronics Inc., Toshiba Corporation, Yandex, Mobile TeleSystems, Prestigio, Micromax, Allview, Fly, Explay, General Mobile, Texet, Vertex, Dell Technologies Inc.
North America was the largest region in the mobile computer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile computer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the mobile computer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The mobile computer market consists of sales of handheld terminals scanning bar codes, documenting service, and integrating voice communications and GPS. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Mobile Computer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mobile computer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for mobile computer? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The mobile computer market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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