Global Rugged Handheld Devices Market 2019-2023

About this market
The growing demand for loT-based rugged handheld devices to drive market growth. loT is a network of physical objects or things embedded in electronics, software, sensors, and network connectivity. It involves the use of machine-to-machine (M2M) communication-enabled devices to exchange and act upon information by eliminating human-to-human or human-to-computer interaction. loT integrates machine learning and Big Data technology and harnesses sensor and actuator data. ’ s analysts have predicted that the rugged handheld devices market will register a CAGR of nearly 8% by 2023.
Market Overview
Strategic collaborations among market participants
Vendors in the market are forming strategic collaborations with market participants to expand their customer base, geographical presence, improve their product offerings, and explore new areas of opportunity for rugged handheld devices. These strategic collaborations are expected to accelerate product development of rugged handheld devices to cater to demanding applications across different end-user sectors.
Manufacturing and design complexities
Rugged handheld devices are used by many companies and institutions including healthcare, military and defense, security, law enforcement, retail, and transportation. These businesses incorporate rugged handheld devices into their business operations because of some specific features offered by these devices. Thus, the devices need to fulfill certain design specifications and manufacturing standards as per the applications.
For the detailed list of factors that will drive and challenge the growth of the rugged handheld devices market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Datalogic and Handheld Group the competitive environment is quite intense. Factors such as the strategic collaborations among market participants and the growing demand for loT-based rugged handheld devices, will provide considerable growth opportunities to rugged handheld devices manufactures. Datalogic, Handheld Group, Honeywell International, Panasonic, and Zebra Technologies are some of the major companies covered in this report.

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