According to a new report Global Mobile Computer Market, published by KBV research, The Global Mobile Computer Market size is expected to reach $6,074.8 million by 2027, rising at a market growth of 4.4% CAGR during the forecast period.
The service segment would display a significant growth rate during the forecasting period. The number of mobile devices utilized across industries for a long time is significantly high and these devices require maintenance after using them for around three to four years. However, these devices are rugged and made particularly to bear the changing or extreme weather and withstand a drop from at least five feet, maintaining them is crucial to ensure their smooth operation during crucial times.
SMBs constantly strive to harness the rising opportunities to thrive in their respective verticals. Medium-sized businesses have the maximum growth potential and a majority of the medium-sized vendors are worried about properly maintaining their manufacturing units to pursue consistent market growth. Though, non-streamlined production or loss of goods can decrease their profit margin and hamper growth.
The manufacturing segment would display the promising growth rate during the forecasting period. The growing demand for mobile computers across FMCG, machinery, plastic goods, machine parts, and other areas of manufacturing is due to the increased consumption among the consumers in the past few years because of the ever-increasing population. Mobile-handheld computers are engineered for the manufacturing sector to assist in expediting the process of monitoring inventory with an error-free application.
The North America market dominated the Global Mobile Computer Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,564.7 million by 2027. The Europe market is poised to grow at a CAGR of 4% during (2021 - 2027). Additionally, The Asia Pacific market would register a CAGR of 4.5% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/mobile-computer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Opticon Sensors Europe B.V., Unitech Electronics Co., Ltd., Advantech Co., Ltd., Keyence Corporation, Zebra Technologies Corporation, Casio Computer Co., Ltd., CipherLab Co., Ltd., Datalogic S.p.A. (Hydra S.p.A.), Honeywell International, Inc., and Handheld Group AB
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