Ultra-Mobile Devices Market Growth is Expanding at a CAGR of 9.6% by 2030

The ultra-mobile device market in Asia-Pacific is expected to witness the highest growth in the upcoming years.

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 30, 2024 /EINPresswire.com/ -- The global 𝐔𝐥𝐭𝐫𝐚-𝐌𝐨𝐛𝐢𝐥𝐞 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at $45.83 billion in 2020, and is projected to reach $113.83 billion by 2030, growing at a CAGR of 9.6% from 2021 to 2030. Ultra-mobile device (UMD) is a midsize and lightweight computing devices that supports various applications ranging from education to business. UMDs support higher productivity, improved battery life, full-scale functionality, extended portability, and reduced bulk. These features make them highly compatible with business professionals and propel their adoption in consumer electronics sector.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 260 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/1733

The global ultra-mobile devices market is divided on the basis of type, industry vertical, and geography. Based on type, the market is categorized into premium ultra-mobile, basic ultra-mobile, utility ultra-mobile. The premium ultra-mobile segment held the largest share owing to enhanced functionality and improved processors. On the contrary, the utility ultra-mobile segment is expected to register the highest CAGR during the forecast period.

Ease of access, increased productivity & mobility, and recent advancements in ultra-mobile devices have boosted the growth of the global ultra-mobile devices market. However, high-priced solution hampers the market. On the contrary, perceptible amount of portability and dual-mode operation supported by ultra-mobile devices are expected to create lucrative opportunities for the market players in the future. The global ultra mobile devices market was valued at $45.83 billion in 2020, and is projected to reach $113.83 billion by 2030, growing at a CAGR of 9.6% from 2021 to 2030.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/ultra-mobile-devices-market/purchase-options

By Industry vertical, the consumer electronics sector segment held the largest Ultra Mobile Devices Market Share in 2020 and is expected to continue this trend during the forecast period. The electronics and semiconductors sector segment is highly dependent on ultra-mobile device systems, owing to increase in population and evolution of ultra-mobile device market. In addition, surge in use of consumer electronics devices, such as mobile devices, laptops, tablets, personal computers, satellites, television, and radar along with falling prices of these devices, facilitated the growth of ultra-mobile devices in the consumer electronic sector. However, the IT & telecom segment is expected to witness the highest growth in the upcoming years. This is due to the rapid increase in adoption of advanced ultra-mobile device systems. IT & telecom organization deploy ultra-mobile device systems in their operations for different functionalities such as monitoring systems and security. In addition, major IT & Telecom players are inclined toward investing in technology advancement to develop telecom systems that are more network-savvy, safer, and energy-efficient, which is expected to provide lucrative growth opportunities for the IT & telecom sector.

Based on region, the global ultra-mobile devices market size is analyzed across several regions such as North America, Asia-Pacific, Europe, and LAMEA. The market across North America held the largest share, owing to the favorable price of basic and utility UMDs for the major population in developing economies. However, the market across LAMEA is expected to register the highest CAGR during the forecast period.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/1733

On the basis of industry vertical, the market is segmented into healthcare, telecom & it, retail, consumer electronics, BFSI, and education. The consumer electronic segment held the largest share due to rise in number of Internet users and enhanced functionality of UMDs. However, the retail segment is projected to portray the highest CAGR during the study period.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/1733

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

𝐀𝐒𝐔𝐒𝐓𝐞𝐊 𝐂𝐨𝐦𝐩𝐮𝐭𝐞𝐫 𝐈𝐧𝐜., 𝐃𝐞𝐥𝐥 𝐈𝐧𝐜., 𝐇𝐓𝐂 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐀𝐩𝐩𝐥𝐞 𝐈𝐧𝐜., 𝐋𝐞𝐧𝐨𝐯𝐨, 𝐇𝐏 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲, 𝐋.𝐏., 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐒𝐨𝐧𝐲 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧, 𝐒𝐚𝐦𝐬𝐮𝐧𝐠 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐂𝐨., 𝐋𝐭𝐝., 𝐆𝐨𝐨𝐠𝐥𝐞 𝐈𝐧𝐜.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

• Depending on type, the premium ultra-mobile segment dominated the ultra-mobile device market in 2020. However, the utility ultra-mobile segment is expected to exhibit significant growth during the Ultra Mobile Devices Market Forecast period.

• By industry vertical, the consumer electronic sector segment accounted for the highest revenue of market in 2020. However, the IT & telecommunication sector segment is expected to witness the highest growth rate during the forecast period.

• Region wise, the Ultra Mobile Devices Market Size was dominated by North America in 2020. However, Asia-Pacific is expected to witness significant growth in the coming years.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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David Correa
Allied Market Research
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