The global mobile computing devices market is expected to be valued at USD 428,120 million by 2033, up from USD 303,502.3 million in 2023, with a CAGR of 3.5% over the period of projection. Mobile computing device sales are predicted to increase since these devices combine the full capabilities of a PC with the portability of a tablet.
The internet and the web serve a crucial role in increasing demand for mobile computing devices, as businesses shift their attention to offering clients customized products based on their preferences. Mobile computing devices can run 32-bit x86 CPUs and a full PC operating system like Windows 7, Windows Vista, Mac, or Windows XP.
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They have a diverse set of capabilities that are driving the growing use of mobile computing devices by bridging the gap between traditional laptops, PCs, and tablets. As a result, mobile computing devices are being accepted in a variety of ways, for a variety of reasons, by people of all ages, and are expected to rise significantly in the future years.
The expansion of the mobile computing devices market is primarily driven by a rise in trends, constant learning, business enhancement, and enhanced mobility. The incorporation of additional functionalities in the devices is projected to open up profitable potential in the global mobile computing devices market.
It is projected that technical advancements and rising disposable income will have an impact on the increase of market revenue for mobile computing devices.
Key Takeaways from the Market Study
- The market has grown at a CAGR of 3% during the last five years.
- North America currently accounts for 33% of the total mobile computing device market.
- Europe holds a market share of roughly 19% of the worldwide market.
- During the projection period, the market in the United States is expected to grow at a CAGR of 3.7%.
- During the forecast period, the German market is expected to grow at a CAGR of 3.4%.
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Competitive Landscape
Many major corporations are also attempting to improve the quality and dependability of Mobile Computing Devices for a wide range of applications. Many manufacturers had grown in the worldwide marketplace.
- In July 2023, Eurocom announced the EUROCOM Raptor X17 fully expandable Mobile Supercomputer, powered by an Intel Core i9-13900HX microprocessor with 24 cores and 32 threads and NVIDIA GeForce RTX 4090 graphics with 16GB DDR6.
- In October 2021, Zebra Technologies bought Antuit.ai for an unreported price. Zebra Technologies manufactures or distributes a wide range of real-time sensing, evaluation, and response solutions. This acquisition will benefit Zebra Technologies’ growing retail and consumer packaged goods (CPG) software portfolio.Antuit.ai provides digital services that help top-tier retail and consumer products firms evolve.
Key Players
- Apple Inc.
- HTC Corporation
- Google Inc.
- Dell Inc.
- Sony Corporation
- ASUSTeK Computer Inc.
- Lenovo
- HP Development Company, L.P.
- Microsoft Corporation
- Samsung Electronics Co., Ltd.
- Acer
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global mobile computing devices market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights by Type (Smartphones, Tablets, Laptops, Wearable Devices, E-readers, Others), Application Industry Vertical (Healthcare, Telecom & IT, Retail, Consumer Electronics, Others), and Region.
Mobile Computing Devices Market: Key Segmentations
By Type:
- Smartphones
- Tablets
- Laptops
- Wearable Devices
- E-readers
- Others
By Industry Vertical:
- Healthcare
- Telecom & IT
- Retail
- Consumer Electronics
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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