Ultra-Mobile Devices Global Market to Reach $113.83 Billion by 2030 at a CAGR of 9.6%

Dublin, 3 November 2022 /PRNewswire/ — The “Ultra-Mobile Devices Market by Industry Vertical, by Type: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added. of ResearchAndMarkets.com offering

The market for ultra-mobile devices was valued $45.83 billion in 2020, and is estimated to reach $113.83 billion By 2030, a CAGR 9.6% from 2021 to 2030.

An ultra-mobile device (UMD) is a medium-sized and lightweight computing device that supports a variety of applications from education to business. UMDs support higher productivity, improved battery life, full-scale functionality, extended portability and reduced bulk. These features make them highly compatible with business professionals and drive their adoption in the consumer electronics sector.

On the basis of type, the premium UMD segment dominated the overall ultra-mobile device industry in 2020 and is expected to continue this trend throughout the forecast period. This is attributed to rise in standard of living, technology awareness among people and rise in disposable income in the country.

In addition, Asia – Pacific And LAMEA is anticipating a potential growth in premium ultra mobile phones during the forecast period as a result of their developments, government initiatives, increasing technology awareness and affordable consumer electronics, all of which provide lucrative growth opportunities. However, the utility-mobile device segment is expected to grow significantly in the coming years. This is due to growth in the market for ultra-mobile devices, growth in cognitive intelligence applications, predictive and analytical software, and growth in the use of mobile phones and applications.

Also Read :  iCloud Mail Currently Down for Some Users

By industry vertical, the consumer electronics sector segment held the largest ultra mobile devices market share in 2020 and is expected to continue this trend during the forecast period. The electronics and semiconductor sector is highly dependent on ultra-mobile device systems due to population growth and the evolution of the ultra-mobile device market. In addition, growth in the use of consumer electronics devices such as mobile devices, laptops, tablets, personal computers, satellites, televisions, and radars has contributed to the growth of ultra-mobile devices in the consumer electronics sector due to falling prices of these devices. .

However, the IT and telecom segment is expected to witness the highest growth in the coming years. This is due to the rapid increase in the adoption of advanced ultra-mobile device systems. IT and telecom organizations deploy ultra-mobile device systems in their operations for various functions such as monitoring systems and security. Additionally, major IT and telecom players tend to invest in technological advancements to develop telecom systems that are more network-aware, secure and energy-efficient, which is expected to provide lucrative growth opportunities for the IT and telecom sector.

Also Read :  Amazon to open new internet satellite factory

Key findings of the study

  • Depending on the type, the premium ultra-mobile segment dominated the ultra-mobile device market in 2020. However, the Ultra Mobile Devices market is expected to witness significant growth in the utility ultra-mobile segment during the forecast period.
  • According to industry verticals, the consumer electronic sector segment accounted for the highest revenue in the market in 2020. However, the IT and telecommunication sector segment is expected to witness the highest growth during the forecast period.
  • By region, the market was dominated by ultra mobile devices North America In 2020. however, Asia – Pacific Significant growth is expected in the coming years.

Key benefits for shareholders

  • The study provides an in-depth analysis of the Ultra-Mobile Devices market and also provides current trends and future forecasts to clarify future investment pockets.
  • Information about key drivers, restraints and opportunities and their impact analysis on Ultra-Mobile Devices market size is provided.
  • Porter’s five forces analysis illustrates the strengths of buyers and suppliers operating in the ultra-mobile device market.
  • A quantitative analysis is provided to determine the ultra-mobile device market potential from 2020 to 2030.
Also Read :  AR Cloud Industry Report 2022

Major market segments

By industry vertical

  • Health care
  • Telecom IT
  • Minor
  • Consumer Electronics
  • Others (BFSI, Education and Entertainment)

By type

  • Premium ultra-mobile devices
  • Basic ultra-mobile devices
  • Utility ultra-mobile devices

According to the region

  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • the rest Europe
  • Asia – Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • the rest Asia – Pacific
  • Lamea
  • Brazil
  • The rest of LAMEA
  • Algeria

Major players in the market

  • Apple Inc.
  • HTC Corporation
  • Google Inc.
  • Dell Inc.
  • Sony Corporation
  • ASUSTeK Computer Inc.
  • Lenovo
  • HP Development Company, LP
  • Microsoft Corporation
  • Samsung Electronics Co., Ltd.

Major topics covered:

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Ultra-Mobile Devices Market, by Industry Vertical

Chapter 5: Ultra-Mobile Devices Market, by Type

Chapter 6: Ultra-Mobile Devices Market, by Region

Chapter 7: The Company Landscape

Chapter 8: Company Profile

For more information on this report visit https://www.researchandmarkets.com/r/ms9c0a

Media Contact:

Research and market
Laura WoodSenior Manager
[email protected]

Call +1-917-300-0470 for EST office hours
+1-800-526-8630 for US/CAN toll free calls
Call +353-1-416-8900 for GMT office hours

US Fax: 646-607-1904
Fax (outside US): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Source Research and Markets


Leave a Reply

Your email address will not be published.

Related Articles

Back to top button