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Ultra-Mobile Devices Market is expected to reach $60,703 million by 2022, with top players Google, HTC Corporation, Microsoft Corporation, Apple Inc.,

11-27-2018 01:09 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Ultra-Mobile Devices Market is expected to reach $60,703

Ultra-Mobile Devices Market is expected to garner $60,703 million by 2022, registering a CAGR of 10.4% during the forecast period. The ultra-mobile devices (UMDs) are midsize and lightweight computing devices that support various applications ranging from education to business. UMDs support higher productivity, improve battery life, full-scale functionality, extended portability, and reduce bulk. These features make UMDs suitable for businesses and propel its adoption in consumer electronics sector and it further drives the ultra-mobile devices market. The devices such as Apples MacBook Air, Lenovo Yoga 3 Pro, Microsofts Surface Pro, Panasonic Toughbook, and Chromebooks from Google provide the functionality of a PC and portability of a tablet. These devices are capable of supporting 32-bit x86 processors and run a complete PC operating systems such as Windows 7, Windows Vista, Mac, or Windows XP. In addition, UMDs are available in various screen sizes ranging from 7 to 13.9 inches. The wide range of features in UMDs have bridged the gap between traditional laptops, PC, and tablets, resulting in diverse adoption for multiple purposes across ages.

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By type, UMDs are categorized into premium, basic, and utility UMDs. Premium UMDs include Lenovo Yoga 3 Pro, Microsofts Surface Pro, and Apples MacBook Air that support full-scale data processing along with the complete optimization of user interface for media utilization. Basic UMDs depend on specific software connected to the operating system.

The primary use of basic ultra-mobile devices include input data processing, social networking, and content utilizing activity. In addition, they support extension if connected to wireless devices such as keyboards, mouse, docking stations, and other peripherals. Utility ultra-mobile devices are data-centric electronic equipment that compromise with processor speed, camera resolutions, and screen dimensions. The lack of availability of aforementioned features and specification make it the most inexpensive ultra-mobile device. Utility ultra-mobile devices include white-box products or the equipment/components offered by unknown or not well-known vendors.

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Premium UMDs constitute the highest market share due to enhanced functionality and improved processors. However, utility UMDs are estimated to portray the fastest growth since they are more affordable.

The consumer electronics segment is projected to dominate the market pertaining to increase in the number of internet users and enhanced functionality of UMDs. However, retail industry is expected to depict fastest growth rate during the forecast period.

LAMEA is estimated to be the fastest growing region during the forecast period as it has the highest market share in Middle East.

Key findings of the Ultra-Mobile Devices Market:
- Utility UMDs market is expected to exhibit a remarkable growth due to proliferation in adoption among the emerging countries such as India and China.
- Consumer electronics industry contributes to the highest market share owing to the growth in number of internet users.
- LAMEA is expected to exhibit a promising growth during the forecast period.
Industry participants focus on new product launches to improve their market share.
- The UMDs market comprises dominant players such as Google, HTC Corporation, Microsoft Corporation, Apple Inc., Lenovo, Samsung, Sony, HP Development Company L.P., Dell, and ASUSTeK Computer Inc.

These market players primarily focus on new product launch as their key strategies to establish their position in the market.

About Us:-

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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