Mobile Computer Market to Reach $8.89 Billion by 2029, Expanding at 7.1% CAGR
Drawing from trusted sources and expert analysis, this report helps businesses navigate the complex landscape of the mobile computer industry.
What Is The Expected CAGR For The Mobile Computer Market Through 2025?
The mobile computer market size has grown steadily in recent years. It will grow from $6.58 billion in 2024 to $6.77 billion in 2025 at a compound annual growth rate (CAGR) of 2.9%. 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 $8.89 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. 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, the launch of new chip technologies, and new product launches.
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Which Key Factors Will Influence Mobile Computer Market Growth Over 2025–2034?
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.
Comprehensive Segment-Wise Insights Into 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, Healthcare, 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
What Are The Prominent Trends In The Mobile Computer Market?
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.
Analysis Of Key Players In Mobile Computer Market
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
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What Are The Key Regional Trends 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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