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Mobile Computer Global Market Report 2024 To 2033 | Motorola, HP, Zebra Technologies, Honeywell International Inc., Advantech, Datalogic, Janam Technologies
Mobile Computer Market Share
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According to The Business Research Company's, 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 growth in the historic period can be attributed to strong economic growth in emerging markets, rising penetration of e-commerce, increasing number of smartphone users and rise 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 growth in the forecast period can be attributed to increasing internet penetration, growing population, increasing government support, and increasing number of online purchasers. Major trends in the forecast period include technological advancement, product innovations, focus on mobile technology, launch of new chip technologies and new product launches.
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Market Drivers and Trends:
The increasing penetration of the internet is expected to drive growth in the mobile computer market. As more people gain access to the internet, the demand for mobile computers is expected to increase, as these devices are essential for accessing the Internet and conducting e-commerce transactions. For example, according to Euro monitor International, a UK-based provider of global business intelligence, market analysis, and consumer insight, 60% of people worldwide had internet access in 2022. By the end of 2027, the projected global online penetration rate of 71% will have increased significantly. This implies that within the next five years, there will be a billion additional internet users worldwide. Therefore, the increasing internet penetration is expected to positively impact the growth of the mobile computer market during the forecast period.
Companies in the mobile computer market are focusing on advancements in technologies to strengthen their position in the market. For example, in June 2023, Zebra Technologies Corporation, a US-based mobile computing company specializing in technology used to sense, analyze, and act in real-time, launched the TC22/TC27, a useful mobile computer for businesses that previously had to rely on consumer-grade or inferior devices that lacked the capabilities they needed to maximize productivity and efficiency. The TC22/TC27 is durable and functional in harsh environments, operating in temperatures between -10C and +50C and withstanding tumbles, drops, and tile placement over concrete. Additionally, it boasts a large, bright 6"""" FHD (full high definition) display to keep personnel focused on their work and more visibility for route optimization and micro-locations. It is sealed securely with an IP68 rating to protect it from dust and water.
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Major Key Players of the Market:
NuMat Technologies Inc, NovoMOF AG, MOFapps, Atomis Inc, Advanced Chemical Synthesis and Manufacturing (ACSYNAM), MOFgen Ltd, ProfMOF, Mosaic Materials Inc, NanoResearch Elements Inc, ET Co Ltd, GS Alliance Co Ltd, Intelligent Materials Private Limited, Aritech Chemazone Pvt Ltd, Girard Hervouet, BASF SE, Promethean Particles Ltd, Rosneft, Largo, Electromash, Elemental Holding, Ascensus Specialties, Aperam, ArcelorMittal, Gerdau, Sinobras, Ternium, BUCHI Labortechnik AG, DILO Armaturen, Anlagen, Hilliard Corporation, National Aluminum Products Company, Mih Building Material, Alico Industries Company Limited, Urbanstudio, Assmang Limited, Anglo American Platinum Limited, BHP Billiton plc, Arewa Metal Containers Limited (Armeco), Abumet Nigeria Limited, African Steel Mills Limited
Mobile Computer Market 2024 Key Insights:
• 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%.
• Rising Internet Penetration Fuels Growth In The Mobile Computer Market
• Zebra Technologies Raises The Bar In Mobile Computing With The Launch Of Tc22/Tc27 For Enhanced Business Productivity
• North America was the largest region in the mobile computer market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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