COVID-19 Impacts: Rugged Handheld Devices Market Will Accelerate at a CAGR of over 5% through 2020-2024 | Growing Preference for Android-based Devices to Boost Growth | Technavio
Technavio has been monitoring the rugged handheld devices market and it is poised to grow by USD 1.22 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
What was the value of the rugged handheld devices market in 2019?
Technavio says that the value of the market was USD 4.00 billion in 2019 and is projected to reach USD 5.23 billion by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 5%, the market growth will accelerate in the forecast period of 2020-2024.
What is the key factor driving the market?
Growing preference for android-based devices and the growing demand for IoT-based rugged handheld devices are the key factors driving the market growth.
Who are the top players in the market?
Caterpillar Inc., CipherLab Co. Ltd., Datalogic Spa, Handheld Group AB, Honeywell International Inc., Kyocera Corp., Panasonic Corp., Samsung Electronics Co. Ltd., TouchStar Technologies Ltd., and Zebra Technologies Corp. are some of the major market participants.
Which region is expected to hold the highest market share?
North America
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Caterpillar Inc., CipherLab Co. Ltd., Datalogic Spa, Handheld Group AB, Honeywell International Inc., Kyocera Corp., Panasonic Corp., Samsung Electronics Co. Ltd., TouchStar Technologies Ltd., and Zebra Technologies Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing preference for Android-based devices has been instrumental in driving the growth of the market.
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 size
Rugged Handheld Devices Market trends
Rugged Handheld Devices Market analysis
This study identifies the growing demand for IoT-based rugged handheld devices as one of the prime reasons driving the rugged handheld devices market growth during the next few years.
We provide a detailed analysis of vendors operating in the rugged handheld devices market, including some of the vendors such as Caterpillar Inc., CipherLab Co. Ltd., Datalogic Spa, Handheld Group AB, Honeywell International Inc., Kyocera Corp., Panasonic Corp., Samsung Electronics Co. Ltd., TouchStar Technologies Ltd., and Zebra Technologies Corp. Backed with competitive intelligence and benchmarking, our research reports on the rugged handheld devices market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
CAGR of the market during the forecast period 2020-2024
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
Table of Contents:
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Product
Market segments
Comparison by Product
Rugged mobile computers - Market size and forecast 2019-2024
Rugged tablets - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by End-user
Market segments
Comparison by End-user
Industrial - Market size and forecast 2019-2024
Commercial - Market size and forecast 2019-2024
Military - Market size and forecast 2019-2024
Government - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Type
Market segments
Comparison by Type
Semi-rugged - Market size and forecast 2019-2024
Fully-rugged - Market size and forecast 2019-2024
Ultra-rugged - Market size and forecast 2019-2024
Market opportunity by Type
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Caterpillar Inc.
CipherLab Co. Ltd.
Datalogic Spa
Handheld Group AB
Honeywell International Inc.
Kyocera Corp.
Panasonic Corp.
Samsung Electronics Co. Ltd.
TouchStar Technologies Ltd.
Zebra Technologies Corp.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
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 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.
The "Prepaid Cards - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Prepaid Cards estimated at US$2 Trillion in the year 2023, is projected to reach a revised size of US$4.1 Trillion by...
Five years after the transformational Merger with Randgold Resources, Barrick Gold Corporation has been restructured and repurposed as a modern mining business with a constantly replenished, global asset base of peerless quality, managed by a team...
The "Australia Plastic Packaging - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029" report has been added to ResearchAndMarkets.com's offering.
The Australia Plastic Packaging Market size estimated at USD 2.79...
Trinity Capital Inc. ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth stage companies, today announced an adjustment to the conversion rate of its 6.00% Convertible Notes due 2025 (the "Convertible...
Vista Outdoor Inc. ("Vista Outdoor", "we", "us" or "our") and Czechoslovak Group a.s. ("CSG") announced today that they have voluntarily withdrawn and re-filed their joint voluntary notice to the Committee on Foreign Investment in the United States...
The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.11 per common share. The dividend is payable April 30, 2024 to common stockholders of record on April 8, 2024. The ex-dividend...