Global Rugged Devices Market 2019-2023
About this market
The increasing strategic partnerships among the market vendors is likely to gain traction in the rugged devices market given the potential in this domain is quite high. Market players are increasingly focusing on improving the product offerings and exploring innovative areas of opportunity for the development of rugged devices. Technavio’s analysts have predicted that the rugged devices market will register a CAGR of more than 7% by 2023.
Growing demand for data management systems
With an increased need for incorporating data analytics with the existing systems in different industries, the demand for data management systems is expected to increase considerably in the forthcoming years. Consequently, to incorporate highly efficient data management systems, the requirement for robust rugged devices will also increase, eventually, contributing significantly to the rugged devices market’s growth.
Slowdown in rugged notebook and laptop market
With the emergence of various devices including rugged smartphones and tablets, the demand for rugged notebooks and laptops has subsequently slowed down. End-users of the market are shifting from rugged notebooks to rugged smartphones are they are integrated with more functionalities.
For the detailed list of factors that will drive and challenge the growth of the rugged devices market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Datalogic and Panasonic, the competitive environment is expected to become quite intense. This market research report offers detailed information on the strategic partnerships among the market players, which will help the clients in understanding the bigger picture and make informed business decisions for improving their market shares.
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