London, 11 December 2015: Technavio, the independent tech-focused global research firm, has published a report on the global mobile computing device market 2015-2019, which is predicted to grow at a CAGR of 3.77% during the forecast period of 2014-2019.
Greater mobility among end-users and better availability, selection, and access to mobile computing devices are energizing and expanding the market. A greater number of enterprises are implementing a bring your own device (BYOD) policy, which allows employees to bring their own devices to work and use them to access company resources.
“The continuous decrease in the cost of the mobile computing devices is attracting more buyers. The greater affordability of these devices has made many organizations, schools, governments, and retail customers use them in their daily operations,” says Faisal Ghaus, Vice President of Technavio.
“Devices such as hybrid PCs and other advanced technologies ensure personalized computing with the mobility of tablets and the power and performance of laptops.”
Key Market Drivers
- Greater demand for mobile computing devices from SMBs
- Increased need for connectivity
- Declining ASP of mobile computing devices
- Increase in portability requirement
Key Market Trends
- Growth in demand for personalized computing
- Increased support for BYOD initiatives
- Heavy investment in mobile computing devices
Key Market Vendors
- Samsung
- Apple
- Huawei
- LG Electronics
- Lenovo
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Mobile Computing Device Market 2015-2019, please send an e-mail to media@TechNavio.com.
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