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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

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LONDON–(BUSINESS WIRE)–#GlobalRuggedHandheldDevicesMarket–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.


Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • 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.

Rugged Handheld Devices Market 2020-2024: Segmentation

Rugged Handheld Devices Market is segmented as below:

  • End-user

    • Industrial
    • Commercial
    • Military
    • Government
  • Product

    • Rugged Mobile Computers
    • Rugged Tablets
  • Type

    • Semi-rugged
    • Fully-rugged
    • Ultra-rugged
  • Geography

    • North America
    • Europe
    • APAC
    • South America
    • MEA

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Rugged Handheld Devices Market 2020-2024: Scope

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.

Rugged Handheld Devices Market 2020-2024: Vendor Analysis

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.

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Rugged Handheld Devices Market 2020-2024: Key Highlights

  • 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.

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