The Global Rugged Handheld Device Market has grown at a significant growth rate in the past few decades. The report insights into the market shares, revenues, and trends. It discusses the data assessments and specifics of the market size and the industry. The report signifies the trending branding assessments of the top grooming companies of the world. The report gives a bright light to the regional and volumetric analysis of different countries such as China, Russia, Spain, France, Italy, South Korea, Australia, North America, and South America. It imparts the current and future potential opportunities of the industry. The report delivers the serious scenes faced by the industry during the COVID 19 pandemic. Henceforth, the report examines the potential impact of the Rugged Handheld Device Industry on the sector.
According to the research report, Global Rugged Handheld Devices Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread), says that it has rugged devices are a type of hardware designed especially to tolerate the harshest environments. The devices are mainly handheld which means they are primarily designed to provide a suite of computing, communication, and informational tools in a device about the size of the standard palm. These devices are mainly used by warehouse workers, healthcare professionals, delivery personnel, emergency responders, and most frontline workers. The market is segmented into Semi-Rugged Handheld Devices, Ultra-Rugged Handheld Devices, and Fully-Rugged Handheld Devices. The semi-rugged handheld devices are typically equipped with a few parts that have undergone stress testing or certification to military and industrial standards. The Rugged Handheld industry is boosted by the increasing demand for ipads, cell phones, blackberries, and handheld computers.
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In 2020, the Global Rugged Handheld Market was valued at USD billion and is projected to reach a significant USD billion in the worldwide markets by the end of 2030. It is expected to grow by a double-digit CAGR during the forecast period. Touch Star Technologies, Panasonic, Honeywell International, Zebra Technologies, Rugger, AGM Mobile, Fujitsu, Handheld Group, Datalogic, Juniper Systems, and Point Mobile are some of the prominent companies in the worldwide markets that are contributing constantly to increasing the market size of the sector.
North America accounted for the highest market share and is dominating the market and is expected to continue its dominance during the forecast period. Additionally, countries such as Europe (Germany, UK, France, Russia, and Spain); Asia-Pacific (China, Japan, South Korea, and India); the Middle East and Africa (UAE, South Africa, and Saudi Arabia); South America (Columbia, Brazil, and Argentina) and Australia are increasing the spending from the region will further support the consumption of the Global Rugged Handheld Market.
The COVID 19 crisis has created a slightly negative impact on the Global Rugged Handheld Industry globally. Likewise, other industries, such as the Rugged Handheld Industry have also gained losses during the pandemic. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations, travel bans and quarantines, restaurants closed all indoor or outdoor events restricted. This leads to making uncertainty in the market with the immense reduction of customers, supply chains and hence causing unemployment.
However, the market is regaining its growth at the original pace by the second half of 2021. The rising demand for electronic handheld devices among youngsters is increasing around the globe. Besides providing information regarding numerous countries in the Global Rugged Handheld Industry, the report recalibrates the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Global Rugged Handheld Sector.
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Ankur Gupta, Head Marketing & Communications