Categories: Market Research

Mobile Computer Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Mobile Computer by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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https://www.thebusinessresearchcompany.com/report/mobile-computer-global-market-report

According to The Business Research Company’s Mobile Computer, 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.

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.

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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, Healthcare, Warehouse, Other Industries

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.

The mobile computer market report table of contents includes: