Rugged Handheld Devices Market to grow at a CAGR of 7.79% during 2024-2028
The Rugged Handheld Devices Market is expected to grow at a CAGR of 7.79% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2483.97 million. The digitalization trend and advancements in communication technologies are driving the adoption of rugged handheld mobile computing devices in various industries. These devices, engineered to endure harsh environments, serve as a viable alternative to consumer handheld devices due to their durability and functionality. Integrated features such as Bluetooth, data/voice communication, and Wi-Fi further boost demand for rugged handheld computing devices like smartphones and tablets. In industries, rugged handheld devices streamline supply chain management, inventory management, and operations management. Additionally, they enhance the customer experience in retail and hospitality sectors by enabling seamless transactions and efficient service delivery.
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Technavio analysts predict that the Rugged mobile computer subsegment will lead the Product segment during 2024 and 2028 The rugged handheld mobile computers market encompasses rugged smartphones and PDAs, predominantly utilized in warehouse environments and by logistics providers. This segment's growth is fueled by the expanding adoption of semi-rugged and fully rugged handheld smartphones and PDAs in the industrial and commercial sectors. The segment's expansion is primarily driven by the automation of operations in various industries to enhance efficiency and minimize downtime. The integration of IoT technology and advancements in mobile communication technologies are significant factors contributing to the high adoption of IoT devices in the industrial sector. These devices enable real-time access to field data and its analysis, empowering businesses to make informed decisions that optimize processes and enhance customer experience.
Here are the various ways based on which the market is segmented:
There are several factors that are causing the market to flourish growing demand for data management systems from end-users
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The Rugged Handheld Devices Market is witnessing significant growth due to the increasing demand for RFID scanners and mobile computers in various industries such as agriculture, government agencies, field services, transportation, logistics, and manufacturing. These devices come in different ruggedness levels, including ultra-rugged, fully-rugged, and semi-rugged, designed to withstand drops, shocks, and harsh environments. Machineries and computers and tablets, including semi-rugged devices, are being integrated with IoT technology to enhance workflow management and improve operational efficiency. The adoption of 5G and Industry 4.0 is further driving the market growth, enabling real-time data processing and communication between machines and devices. The rugged handheld devices market caters to various industries, including agriculture, where RFID scanners are used for tracking livestock and crops. In government agencies, these devices are used for data collection and fieldwork. In field services, rugged devices help technicians to access real-time data and communicate effectively. In transportation and logistics, rugged devices are used for inventory management and tracking goods. The rugged handheld devices market is also driven by the increasing demand for advanced features such as chipmakers and semiconductor manufacturers integrating artificial intelligence and digital gadgets into rugged devices, providing advanced functionalities and longer battery life. Overall, the rugged handheld devices market is expected to continue its growth trajectory in the coming years.
According to Technavio, the rugged handheld devices market is a segment of the larger global technology hardware, storage, and peripherals market, which encompasses manufacturers of various technology products including cellular phones, personal computers, servers, electronic components, and peripherals. This market is calculated based on the revenue generated from the sales of hardware devices, equipment, and components. Key growth drivers for the global technology hardware, storage, and peripherals market include the expanding demand for data centers, as a result of the increased need for work-from-home technologies due to the COVID-19 pandemic.
The Rugged Handheld Devices Market is experiencing significant growth, fueled by the growing demand for data management systems from end-users. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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