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Future of the Mobile Computer Market: Trends, Innovations, and Key Forecasts Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Mobile Computer Market Size Growth Forecast: What to Expect by 2025?
There has been consistent expansion in the mobile computer market in the past few years. We can expect it to rise from $6.58 billion in 2024 to $6.77 billion in 2025, marking a compound annual growth rate (CAGR) of 2.9%. The development seen in the past is due to robust economic progression in developing markets, the surge in e-commerce penetration, growth in smartphone user base, and an upswing in people's disposable income.
How Will the Mobile Computer Market Size Evolve and Grow by 2029?
In the foroming years, the market size for mobile computers is predicted to witness robust expansion. The market is estimated to attain a value of $8.89 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 7.1%. The surge in this forecast period can be credited to the growing internet usage, rising population count, enhanced governmental support and an increase in online buyers. Principal trends projected in this period encompass technological progression, product breakthroughs, an emphasis on mobile technology, the introduction of innovative chip technologies, and the unveiling of new products.
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What Drivers Are Propelling the Growth of Mobile Computer Market Forward?
The surge in internet accessibility is anticipated to fuel the expansion of the mobile computer market. As more individuals can access the internet, the need for mobile computers is likely to rise since they are vital for internet usage and conducting online commerce. For instance, Euro Monitor International, a UK-based company specializing in business intelligence, market assessment, and consumer insight, reported that 60% of the global population had internet access in 2022. By 2027, the projected global internet penetration rate is expected to grow significantly to 71%. This suggests that there will be an additional billion internet users worldwide in the next five years. Hence, the rise in internet access is predicted to have a positive effect on the expansion of the mobile computer market throughout the forecast period.
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What Are the Key Trends Driving Mobile Computer Market Growth?
In the mobile computer industry, corporate entities are making technological strides to enhance their standing in the market. An example of such development was seen in June 2023 when the U.S.-based mobile computing firm, Zebra Technologies Corporation, renowned for specialising in real-time sensing, analysing, and acting technology, introduced the TC22/TC27. The device is a boon for companies that had to rely on less capable consumer-grade or subpar devices, thus compromising their productivity and efficiency. The TC22/TC27 is sturdy and functional even under harsh conditions, with operation temperature ranging between -10C and +50C and with the ability to withstand tumbles, falls, and contact with concrete. Apart from this, it also features a large, bright 6' FHD (full high definition) display to maintain personnel's focus on their tasks and improved visibility for route optimization and micro-locations. Its IP68 rating ensures that it is protected from dust and water.
What Are the Key Segments in the Mobile Computer Market?
The mobile computer market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Enterprise Size: Small And Midsize Businesses, Large Businesses
3) By Industry: Retail, Manufacturing, Healare, Warehouse, Other Industries
Subsegments:
1) By Hardware: Processors, Memory, Storage Devices, Display Screens, Input Devices (Keyboards, Touchscreens), Battery Packs, Connectivity Modules (Wi-Fi, Bluetooth, Cellular)
2) By Software: Operating Systems, Application Software, Security Software, Development Tools, Middleware
3) By Services: Technical Support, Maintenance And Repair, Consulting Services, Installation Services, Cloud Services
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Who Are the Key Players Shaping the Mobile Computer Market's Competitive Landscape?
Major companies operating in the mobile computer market include Motorola, HP, Zebra Technologies, Honeywell International Inc., Advantech, Datalogic, Janam Technologies, Handheld Group, JLT Mobile Computers, Opticon Sensors Europe B.V., AsiaTek Computer, Hitachi, Sony, Lenovo, Xiaomi, Oppo, Vivo, ZTE, TCL, Haier, Hisense, Meizu, Apple Inc, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Dell Technologies Inc, AsusTek Computer Inc, LG Electronics Inc, Toshiba Corporation, Yandex, Mobile TeleSystems, Prestigio, Micromax, Allview, Fly, Explay, General Mobile, Texet, Vertex
What Geographic Markets Are Powering Growth in the Mobile Computer Market?
North America was the largest region in the mobile computer market in 2024. 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.
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