The North America Ultra-Mobile Devices Market would witness market growth of 10.6% CAGR during the forecast period (2022-2028).
The ultra-mobile device's enterprise application provides its users with a significant amount of portability and aids in business progress through increased productivity and the deployment of work-ready applications. Ultra-mobile devices deliver integrated technology breakthroughs that work as a strategic enablers as well as add functional value to the business. Several businesses are adopting ultra-mobile devices to enable rapid deployment, which has a significant influence on their bottom line. The market is likely to be driven by the rate of adoption of ultra-mobile devices across a diverse range of organizations.
Mobile consumption (on-the-go) along with experiential consumption (products as a service) would increase. As consumers conduct research online before making a purchase, the role of the point of sale would alter. Price-sensitive and connected consumers who evaluate and assess in real-time would expect businesses to match the amount of transparency they seek. Mobile-first would open up prospects for location-based targeting, allowing for unprecedented global insight into cross-platform purchase behavior.
The healthcare infrastructure of this region is sophisticated and reliable. Additionally, as smartphone technology has grown more advanced and pervasive, the utilization and popularity of cell phones in health care have increased tremendously. According to the National Library of Medicines, smartphones, which are already in the hands of approximately three quarters of Canadians, of which 94% are millennials, perform a number of functions that could be useful in the healthcare context. They will be able to track exercise statistics, share health records, as well as provide easy-to-use illness management tools. A significant portion of smartphone users in the region have at least one fitness tracker, and doctors are increasingly implementing them in their clinics.
The COVID-19 pandemic has significant implications for smartphone technology as well as telemedicine. As fifth-generation mobile networks increase, smartphone technology would play a critical role in the improvement of health medicines in patient care, patient referral, ergonomics, consultation, and many other expanding applications of regional healthcare. Therefore, due to the increasing utilization of smartphones along with significant growth prospects of these devices in the region, the regional market is estimated to flourish in the coming years.
The US market dominated the North America Ultra-Mobile Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $27,316.1 million by 2028. The Canada market is experiencing a CAGR of 9.4% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 12.3% during (2022 - 2028).
Based on Vertical, the market is segmented into Consumer Electronics, Telecom & IT, Retail, Healthcare, and Others. Based on Type, the market is segmented into Premium, Basic, and Utility. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Ultra-Mobile Devices Market is Estimated to reach $96.1 Billion by 2028, at a CAGR of 11.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HTC Corporation, Google LLC, Dell Technologies, Inc., Sony Corporation, ASUSTeK Computer, Inc., Lenovo Group Limited, Hewlett Packard Enterprise Company (HP Development Company L.P.), Microsoft Corporation, and Samsung Electronics Co., Ltd.(Samsung Group)
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