PUBLISHER: The Business Research Company | PRODUCT CODE: 1572635
PUBLISHER: The Business Research Company | PRODUCT CODE: 1572635
Ultra-portable internet devices are small, lightweight gadgets designed for easy mobility and internet access. They are known for their compact size, extended battery life, and capability to connect to wireless networks, making them ideal for users who need internet access while on the move without the bulkiness of traditional laptops or desktop computers.
The main types of ultra-portable internet devices include smartphones, tablets, e-readers, wearable devices, and others. Smartphones are handheld devices that offer both communication and computing functions, usually featuring touchscreen interfaces and a wide range of applications for productivity and entertainment. They can operate on various systems such as Android, iOS, Windows, and more. These devices are used across different sectors, including retail, healthcare, information technology, telecommunications, consumer electronics, education, and entertainment, by both consumers and enterprises.
The ultra-portable internet devices market research report is one of a series of new reports from The Business Research Company that provides ultra-portable internet devices market statistics, including ultra-portable internet devices industry global market size, regional shares, competitors with an ultra-portable internet devices market share, detailed ultra-portable internet devices market segments, market trends and opportunities, and any further data you may need to thrive in the ultra-portable internet devices industry. This ultra-portable internet device market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The ultra-portable internet devices market size has grown strongly in recent years. It will grow from $23.75 billion in 2023 to $26.02 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth during the historic period can be attributed to several factors, a rising demand for mobility, increased internet penetration, expansion of the mobile workforce, higher social media usage, and growing consumer interest in electronics.
The ultra-portable internet devices market size is expected to see strong growth in the next few years. It will grow to $37.67 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The anticipated growth during the forecast period can be attributed to several factors, the rise of remote work and online education, increasing digital nomadism, expansion of e-commerce, greater internet penetration, and the growing popularity of e-learning. Key trends expected to influence this period include the adoption of 5G technology, integration of AI-driven features, use of eco-friendly materials, implementation of biometric security features, and the adoption of cloud computing devices.
The increasing number of internet users is anticipated to drive growth in the ultra-portable internet devices market. This surge in internet usage is fueled by improved global connectivity, advancements in device accessibility, and rising digital literacy worldwide. Ultra-portable internet devices facilitate seamless online access and connectivity for users on the go, enhancing convenience and mobility. For instance, in October 2023, the International Telecommunication Union, a Switzerland-based specialized agency, reported that approximately 67% of the global population, or 5.4 billion people, had internet access in 2023, representing a 4.7% increase from 2022. This growing number of internet users is expected to boost the demand for ultra-portable internet devices.
Leading companies in the ultra-portable internet devices market are concentrating on developing advanced solutions, such as portable satellite internet devices, to improve connectivity in remote and underserved regions. Portable satellite internet devices use satellite technology to provide internet access from locations where traditional infrastructure is absent or unreliable. For example, in June 2024, SpaceX, a US-based space exploration company, introduced the Starlink Mini, a compact and portable satellite internet antenna designed for mobile use. The Starlink Mini, measuring approximately 12 inches by 10 inches by 1.5 inches and weighing just over 2 pounds, is a smaller and lighter version of the standard Starlink antenna. It offers download speeds exceeding 100 Mbps and includes a built-in Wi-Fi router with lower power consumption compared to the standard model. The Starlink Mini is tailored to deliver high-speed, low-latency internet access for users such as campers, overlanders, and remote workers.
In September 2023, Charter Communications Inc., a US-based telecommunications and mass media company, teamed up with Qualcomm Technologies Inc. to develop advanced Wi-Fi routers for Charter's Spectrum broadband customers. This partnership aims to speed up the rollout of next-generation Wi-Fi technology, offering enhanced connectivity solutions for residential and small business users. Qualcomm Technologies Inc., a US-based firm, specializes in producing semiconductors, wireless technology software, and ultra-portable Wi-Fi routers.
Major companies operating in the ultra-portable internet devices market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Dell Technologies Inc., Huawei Technologies Co. Ltd., Sony Group Corporation, Lenovo Group Limited, LG Electronics Inc., Intel Corporation, Hewlett Packard Inc., Panasonic Corporation, Qualcomm Technologies Inc., Xiaomi Corporation, Fujitsu Limited, Toshiba Corporation, Sharp Corporation, Mediatek Inc., ASUSTeK Computer Inc., Motorola Solutions Inc., Oppo Mobile Corp. Ltd., TP-Link Technologies Co. Ltd., Razer Inc., NETGEAR Technologies India Pvt. Ltd., D-Link Corporation, HTC Corporation
North America was the largest region in the ultra-portable internet devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultra-portable internet devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ultra-portable internet devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ultra-portable internet devices market consists of sales of portable Wi-Fi hotspots, pocket Wi-Fi hotspots, smartwatches, and 2-in-1 convertible laptops. 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.
Ultra Portable Internet Devices 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 ultra portable internet devices 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 ultra portable internet devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultra portable internet devices 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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