The Business Research Company recently released a comprehensive report on the Global Industrial Tablet PC Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company’s, The industrial tablet PC market size has grown strongly in recent years. It will grow from $0.90 billion in 2023 to $0.97 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to integration with industrial systems, increased productivity and efficiency, customization and flexibility, and compliance with industry standards.
The industrial tablet PC market size is expected to see strong growth in the next few years. It will grow to $1.30 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to rising demand for mobility and flexibility, focus on ergonomics and user experience, and integration with IoT and industrial automation. Major trends in the forecast period include customization and modular design, edge computing and edge AI, and enhanced security features.
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Market Drivers and Trends:
The growing E-commerce sector is expected to propel the growth of the industrial tablet PCs market going forward. E-commerce refers to the buying and selling goods or services over the internet or other electronic networks. The demand for the E-commerce sector is growing due to the widespread availability of internet access and the proliferation of smartphones. Industrial tablet PCs are essential in e-commerce operations by enabling staff to manage incoming orders and update inventory in real time efficiently. For instance, in August 2023, according to the Census Bureau, a US-based principal agency, U.S. retail e-commerce sales for the second quarter of 2023 were $277.6 billion, an increase of 2.1% from the first quarter of 2023. Therefore, the growing e-commerce sector is driving the growth of the industrial tablet PC market.
Major companies operating in the industrial tablet PCs market focus on developing fully ruggedized Android tablets, such as the ZX10 rugged tablet, to strengthen their position in the market. ZX10 rugged tablet is a full-rugged computing device designed to withstand harsh environmental conditions and rough handling in industrial and outdoor settings. For instance, in January 2022, Getac, a Taiwan-based technology company, launched the ZX10 rugged tablet, a versatile Android device built for various industries. Featuring a 10-inch display, it offers powerful operational efficiency, field communications, and industry-leading rugged reliability. The ZX10 is designed for public safety, utilities, energy, transport & logistics, manufacturing, automotive, and defense professionals, providing enhanced connectivity, durability, and efficiency in their operations.
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Major Key Players of the Market:
Samsung Electronics Co Ltd, Dell Technologies, Advantech Co Ltd, Lenovo Group Limited, Panasonic Corporation, General Dynamics Corporation, Honeywell International Inc, Zebra Technologies Corporation, Trimble Inc, Seiko Epson Corporation, Bluebird Inc, Datalogic SpA, Xplore Technologies Corporation, DT Research Inc, DT Research Inc, Juniper Systems Inc, CipherLab Co Ltd, Handheld Group, Teguar Corporation, JLT Mobile Computers, TouchStar Technologies LLC, MobileDemand, RuggON Corporation, Getac Technology Corporation, Algiz Technology
Industrial Tablet PC Market 2024 Key Insights:
• The industrial tablet PC market size is expected to see strong growth in the next few years. It will grow to $1.30 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
• Growing E-Commerce Sector In Driving Growth In The Industrial Tablet PCs Market
• Innovative Products To Tackle Harsh And Challenging Environments
• North America was the largest region in the industrial tablet PC market in 2023
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This release was published on openPR.