The Ultra Mobile Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Ultra Mobile Devices Global Market Report 2024, The ultra mobile devices market size has grown strongly in recent years. It will grow from $212.51 billion in 2023 to $225.59 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rise of mobile computing, consumer mobility needs, business mobility trends, connectivity and wireless technologies, entertainment on the go.
The ultra mobile devices market size is expected to see strong growth in the next few years. It will grow to $287.9 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to remote work and digital nomadism, advancements in battery technology, iot integration, evolving form factors, education technology (edtech) adoption. Major trends in the forecast period include evolving form factors and screen technologies, remote work and collaboration tools, security and privacy features, sustainable and eco-friendly designs, expanding role in education and e-learning.
The increasing availability of the internet is expected to boost the growth of the ultra-mobile devices market going forward. The internet refers to the vast worldwide network that links the world wide web and billions of computers. The internet on ultra-mobile devices offers a wide range of services, including the ability to transmit money abroad, collaborate globally, learn from others, establish international social connections, and many more; hence, the increasing availability of the internet is boosting the sales of ultra-mobile devices. For instance, in 2021, according to a report published by the International Telecommunication Union (ITU), a Switzerland-based information and communications technology agency, the number of internet users in 2021 was estimated at 4.9 billion, from 4.6 billion in 2020. Therefore, the increasing availability of the internet is driving the growth of the ultra-mobile devices market.
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The ultra mobile devices market covered in this report is segmented –
1) By Type: Premium Ultra-Mobile Devices, Basic Ultra-Mobile Devices, Utility Ultra-Mobile Devices
2) By Device Type: Tablet, Laptop, Convertibles, Detachable
3) By Application: Healthcare, Consumer Electronics, Telecom And IT, Retail, BFSI, Education, Entertainment, Other Applications
Product innovation is the key trend gaining popularity in the ultra-mobile devices market. Major companies operating in the ultra-mobile devices market are focusing on developing new and innovative products to sustain their position in the market. For instance, in March 2022, Apple Inc., a US-based computer and consumer electronics company, launched the iPad Air, the most powerful and versatile iPad Air ever. The inclusion of the M1 chip in the iPad Air is a unique feature of this device. The capability of M1 enables users to do more with iPad Air than ever before, from editing multiple streams of 4K video to playing graphics-intensive games, remodeling a room in 3D, and more realistic augmented reality (AR). It provides a significant performance boost to even the most demanding apps and processes, with exceptional power economy and all-day battery life. Under ideal conditions, the iPad Air can achieve peak 5G rates of up to 3.5 Gbps. The performance of the 8-core CPU and 8-core GPU is up to 60% faster and up to 2X faster, respectively, than the previous iPad Air.
The ultra mobile devices market report table of contents includes:
1. Executive Summary
2.Ultra Mobile Devices Market Characteristics
3.Ultra Mobile Devices Market Trends And Strategies
4.Ultra Mobile Devices market analysis
5. Ultra Mobile Devices Market Size And Growth
6.Ultra Mobile Devices Segmentation
7. Ultra Mobile Devices Regional And Country Analysis
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27. Ultra Mobile Devices Competitive Landscape And Company Profiles
28.Ultra Mobile Devices Key Mergers And Acquisitions
29. Ultra Mobile Devices Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Amazon.com Inc.
- Apple Inc.
- Google Inc.
- Samsung Electronics Co. Ltd.
- Microsoft Corporation
- Dell Inc.
- Huawei Technologies Co. Ltd.
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