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Fall in ASPs to Boost the Global Rugged Devices Market| TechnavioThe latest market research report by Technavio on the global rugged devices market predicts a CAGR of around 6% during the period 2018-2022. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180124006182/en/ 
Technavio has published a new market research report on the global rugged devices market from 2018-2022. (Graphic: Business Wire) The report segments the global rugged devices market by product (rugged mobile computers, rugged tablets, rugged scanners, and rugged air quality monitors), by ruggedness (semi-rugged devices, fully rugged devices, and ultra-rugged devices), by end-user (military and defense and industrial), and by geography (the Americas, APAC, and EMEA). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. Here are some key findings of the global rugged devices market, according to Technavio hardware and semiconductor researchers:
Save more with Technavio. Buy 2 Technavio reports and get the third for free: View our latest discounts and promotions Fall in ASPs of rugged devices: a major market driver Fall in ASPs of rugged devices is one of the major factors driving the global rugged devices market. One of the major challenges faced by market vendors was the low order quantity owing to high initial investments. However, due to increased awareness and growing use, the ASPs of rugged devices are expected to fall over the forecast period, which augurs well for the growth of the market. Looking for more information on this market? Request a free sample report Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. Americas: largest rugged devices market Technavio researchers anticipate high growth for the global rugged devices market in the Americas followed by EMEA and APAC. The market share of APAC is expected to grow over the forecast period owing to increasing manufacturing activities in the region. According to a senior analyst at Technavio for research on computing devices, "Initially rugged devices were adopted in developed nations in the Americas and Europe. However, these devices are now gaining popularity in developing nations such as Indonesia, China, and India. Manufacturers are targeting large enterprises and government organizations in emerging markets." Competitive vendor landscape The leading players such Datalogic, Honeywell International, Zebra Technologies, and Panasonic (News - Alert) are focusing on factors such as quality, price, innovation and regulatory compliance to develop rugged devices. The market is highly fragmented but is expected to move towards being more concentrated by the end of the forecast period. There is a high potential for growth in the emerging economies, and market players are expected to shift their focus towards these markets during the 2018-2022. Get a sample copy of the global rugged devices market report free of cost Access Technavio's continuously growing computing devices research library and find expert analysis on hundreds of markets. About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. If you are interested in more information, please contact our media team at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20180124006182/en/ |
