Rugged Handheld Devices Market to record USD 1.85 Bn growth -- North America to have a significant share
NEW YORK, Oct. 3, 2022 /PRNewswire/ -- The global rugged handheld devices market is fragmented. The report has classified vendors based on their revenue and market dominance, geographical presence, product portfolio, and R&D. The competition in the market is expected to increase during the forecast period with the increasing demand for feature-rich rugged devices such as rugged tablets, decreasing cost, and the growing demand from vendors to upgrade their technology and capture the market via M&A and partnership.
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Technavio estimates the global rugged handheld devices market size to grow by USD 1.85 billion, accelerating at a CAGR of 6.725 during the forecast period. The growth of the market will be driven by factors such as the growing demand for data management systems from end-users, growing preference for Android-based devices, and strategic collaborations among market participants. Besides, new applications for rugged handheld devices is identified as the major trend in the market.
The market will observe significant growth in North America. The region will account for 38% of the global market share during the forecast period. The increased use of rugged handheld devices in warehouse and logistics and the military and defense sector is the key factor driving the growth of the regional market. In addition, a rise in the number of strategic partnerships among vendors is also expected to drive the growth of the rugged handheld devices market in North America.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our rugged handheld devices market report covers the following areas:
Rugged Handheld Devices Market 2022-2026: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the rugged handheld devices market. Backed with competitive intelligence and benchmarking, our research report on the rugged handheld devices market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
The report identifies the following as the key vendors in the market:
Rugged Handheld Devices Market 2022-2026: Segmentation
The global rugged handheld devices market is segmented as below:
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Rugged Handheld Devices Market 2022-2026: Key Highlights
Table Of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 17,000 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.
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