The strategic collaborations among market participants to drive the market growth - Technavio
NEW YORK, NY, November 22, 2023 /24-7PressRelease/ -- The Rugged Handheld Devices market size is set to grow by USD 2.48 billion, progressing at a CAGR of 7.79% from 2023 to 2028. Strategic collaborations among market participants significantly contribute to the growth of the rugged handheld devices market. Major companies in the market are forming alliances to broaden their customer reach, expand into new geographic areas, improve their product range, and delve into untapped opportunities within rugged handheld devices. These collaborations are anticipated to expedite the development of rugged handheld devices, ensuring they meet the stringent requirements of various end-user sectors. Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment. Buy the Report
Rugged Handheld Devices Market 2024-2028: Segmentation
o Rugged Mobile Computer
o Rugged Tablet
o North America
o South America
o Middle East And Africa
The rugged mobile computer segment is expected to experience substantial growth during the forecast period. This segment includes rugged smartphones and personal digital assistants (PDAs) commonly utilized in warehouses and by logistics service providers. Its expansion is driven by the rising adoption of semi-rugged and fully rugged handheld smartphones and PDAs within industrial and commercial sectors.
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Rugged Handheld Devices Market 2024-2028: Company Analysis and Scope
Some of the major companies of the rugged handheld devices market industry include Aeroqual Ltd., ARBOR Technology Corp., BARTEC Top Holding GmbH, Bluebird Inc., Caterpillar Inc., CipherLab Co. Ltd., Datalogic SpA, DT Research Inc., Getac Technology Corp., HID Global Corp., Honeywell International Inc., Juniper Systems Inc., KYOCERA Corp., Leonardo DRS Inc., MilDef Group AB, Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Touchstar Plc, Unitech Computer Co. Ltd., and Zebra Technologies Corp. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 companies operating in the market.
The report also covers the following areas:
• Rugged Handheld Devices Market size
• Rugged Handheld Devices Market trends
• Rugged Handheld Devices Market industry analysis
The rugged handheld devices market is fragmented, and the degree of fragmentation will accelerate. The growing demand for data management systems from end-users will offer immense growth opportunities. However, the use of consumer-grade devices in place of rugged devices will hamper the market growth.
Rugged Handheld Devices Market 2024 – 2028: Market dynamics
Leading trends influencing the market
The increasing demand for rugged handheld devices integrated with IoT technology is driving the market growth. IoT connects physical objects through technology, enabling machine-to-machine communication without human interaction. This integration utilizes machine learning and Big Data, allowing industries to swiftly detect inefficiencies in production processes, enhancing operational efficiency and positively impacting the rugged handheld market growth.
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Rugged Handheld Devices Market 2024-2028: Key Highlights
• CAGR of the market during the forecast period 2024-2028
• Detailed information on factors that will assist rugged handheld devices market growth during the next five years
• Estimation of the rugged handheld devices market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the rugged handheld devices market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of rugged handheld devices market vendors
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Rugged Integrated circuit (IC) Market: The Rugged Integrated Circuit (IC) Market size is estimated to grow at a CAGR of 6.91% from 2023 and 2028. The market size is forecast to increase by USD 905.29 million.
Rugged Smartphone Market: The rugged smartphone market size is estimated to grow at a CAGR of 4.46% between 2022 and 2027. The rugged smartphone market size is forecast to increase by USD 274.56 million.
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Historic Market Size
5. Five Forces Analysis
6. Market Segmentation by Product
7. Market Segmentation by End-User
8. Customer Landscape
9. Geographic Landscape
10. Drivers, Challenges, and Trends
11. Company Landscape
12. Company Analysis
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