Hybrid Device Market Research Report and Forecast up to 2022 Hybrid Device Market Growth, Trends and Forecast

Hybrid
Device
Market
-
Global
Industry
Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2022
The growing need for enhanced enterprise mobility has influenced the demand for
hybrid devices significantly across the world. The growing demand for devices with
increased battery life has also increased the adoption of hybrid devices at a rapid
pace. Fast navigation with the help of a stylus or a touchscreen and convenient
capturing and storage of personalized information are some of the prime benefits
offered by these devices. The rising awareness regarding these advantages has
increased their usage in business-related tasks, leading to a swift surge in their
demand.
The opportunity in the global market for hybrid devices is anticipated to rise at a
CAGR of 20.80% during the period from 2015 to 2022, increasing its valuation from
US$5.1 bn in 2014 to US$31.8 bn by the end of 2022.
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device-market.html
Telecom and IT Sector to Emerge as Key Consumer of Hybrid Devices
Based on end users, the global market for hybrid devices is segmented into
personal use, educational institutes, healthcare, retail, telecom and IT, and other
end users such as banking, transportation, and government sectors. In 2014, the
personal use segment led the overall demand for these devices and contributed a
total of US$1.6 bn in terms of revenue.
Analysts predict the personal use segment to remain the key consumer of these
devices; the telecom and IT industry, however, is likely to exhibit promising growth
potential over the forthcoming years. The demand for hybrid devices is likely to
expand at the fastest CAGR of 25.6% during the period from 2015 to 2022 in the
telecom and IT industry.
The rising adoption of enterprise mobility and hybrid devices across this industry is
expected to influence the growth of the overall hybrid device market significantly in
the near future. Additionally, in terms of shipment volume, this segment is projected
to register the highest growth in the market over the next few years.
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