The Business Research Company’s Ultra Mobile Devices Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ultra Mobile Devices Global Market Report 2023 evaluates ultra mobile devices market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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In 2022, the global ultra mobile devices market was valued at $200.01 billion, and it is projected to experience substantial expansion, reaching $212.51 billion by the close of 2023. This growth trend is underpinned by a robust compound annual growth rate (CAGR) of 6.3%.
However, the intricate tapestry of global economics was significantly impacted by the Russia-Ukraine war, which unfolded in the backdrop of the ongoing COVID-19 pandemic. The ensuing consequences of this conflict rippled through international markets, prompting the implementation of economic sanctions on multiple nations. The resultant surge in commodity prices and the ensuing supply chain disruptions have exacerbated inflationary pressures across a spectrum of goods and services, exerting profound implications on markets worldwide.
Nonetheless, as the global economy adapts to these challenges, the ultra mobile devices market remains poised for continued growth. Projections indicate that by 2027, it is anticipated to further flourish, culminating at $267.99 billion, sustained by a CAGR of 6%.
The burgeoning ubiquity of the internet is poised to be a formidable catalyst for the continued expansion of the ultra-mobile devices market. The internet, a sprawling global network interconnecting the World Wide Web and countless computers worldwide, has emerged as an indispensable force in today’s digital landscape. On ultra-mobile devices, it unlocks a multifaceted spectrum of capabilities, encompassing the facilitation of cross-border financial transactions, fostering global collaborations, enabling knowledge exchange, nurturing international social bonds, and more.
Notably, a 2021 report by the International Telecommunication Union (ITU), a Swiss-based authority in the realm of information and communications technology, unveiled a staggering surge in internet users, with figures rising from 4.6 billion in 2020 to an estimated 4.9 billion in 2021. This substantial growth underscores the instrumental role of the internet in the ongoing prosperity of the ultra-mobile devices market.
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The ultra mobile devices market segments in the report are:
1) By ype: Premium Ultra-Mobile Devices, Basic Ultra-Mobile Devices, Utility Ultra-Mobile Devices
2) By Device Type: Tablet, Laptop, Convertibles, Detachable
3) By Application: Healthcare, Consumer Electronics, Telecom And IT, Retail, BFSI, Education, Entertainment, Other Applications
The table of contents in TBRC’s ultra mobile devices market report includes:
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