Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Global Mobile Computing Devices Market Overview
Mobile computing devices are portable devices which performs basic functions of a personal computer. Some of the mobile computing devices are tablets, laptops, gaming consoles, e- readers and smartphones. Mobile computing is the form of human computer interface by which a computer is transported during usual usage. Aspects of mobile computing are software, hardware and communication. Mobile communication includes issues related to protocols, network infrastructures and data formats.
Market Size and Forecast
The mobile computing devices market, in terms of value, is expected to grow rapidly during the forecasted period at a CAGR of around 4.5%. Small and medium-sized businesses have been using mobile computing devices due to low prices of the mobile computing devices and vital features of mobile devices. Employees can access information on a real time basis which will stimulate the growth of mobile computing devices market during the forecasted period.
Asia Pacific is anticipated to be the fast growing market due to the increase usage of smartphones, tablets and laptops. Increasing urbanization and industrialization in this region are expected to escalate the demand for the growth of mobile computing devices market. Increase in gaming activities and online retailing activities in this region stimulating the market of mobile computing devices in this region. E-commerce sector is growing rapidly in this region which drives the market of mobile computing devices. Increase in disposable income of the consumers and awareness towards new technologies are contributing to the growth of mobile computing devices market in this region.
North America holds the largest market share in terms of revenue due the high usage of mobile devices among the population and ongoing technological advancements in the mobile computing sector. Countries in North America region such as U.S. and Canada adopted the new innovative technologies at a very early stage and better technology infrastructure and reliable network connectivity are encouraging the growth of the mobile computing devices market in this region.
It is estimated that the smartphones segment holds the largest market share in terms of revenue in 2017. Increasing urban population in American countries coupled with high smartphone penetration rate in urban areas is a major factor that is expected to bolster the growth of this segment over the forecasted period. Rising disposable income of consumers and increasing awareness among them related to media, entertainment and networking leads to higher potential sales of smartphones.CLICK TO DOWNLOAD FREE SAMPLE
Market Segmentation
Our-in depth analysis of the global mobile computing devices market includes the following segments:
By Type
By End User
By Region
Global mobile computing devices market is further classified on the basis of region as follows:
Growth Drivers and Challenges
Increasing demand for computers in military applications and the technological advancements in the mobile computing encourages the mobile computing devices market globally. Increase in disposable income of consumers also triggers the growth of mobile computing devices market. Increase in demand for mobile computing devices in e-commerce sector and small to medium businesses also contributed in the growth of mobile computing devices market.
Cyclical nature of semiconductor industry also stimulates the mobile computing devices market globally. Various organizations are investing a huge amount of capital in the R&D of mobile computing devices. This is likely to increase sale of mobile computing devices across all regions.
Gadgets with characteristics such as cloud connectivity, portable devices and extended portability are also helping the market of mobile computing devices to grow significantly. Easy accessible devices are very popular among population as they make their life easy. Consumers prefer on the go connectivity for entertainment, business applications and learning content. Low price of mobile computing devices is a major factor that is also expected to grow the market of mobile computing devices in future.
Data breaching threat is one of the main restraints that affect the market of mobile computing devices. High quality of network connectivity is not available in many regions across the globe due to which consumers are not able to use the advanced features of mobile computing devices.
Key players
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global mobile computing devices market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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