DUBLIN--(BUSINESS WIRE)--The "North America Rugged Phones Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Screen Size, and End-User" report has been added to ResearchAndMarkets.com's offering.
According to this report the North American rugged phones market is expected to reach US$ 1,426.99 million by 2027 from US$ 864.07 million in 2019.
The market is estimated to grow at a CAGR of 6.7% from 2020 to 2027. The report provides trends prevailing in the North America rugged phones market along with the drivers and restraints pertaining to the market growth. Growing demand of rugged phones across diverse industries and increasing 5G deployments to complement the growth are the major factor driving the growth of the North America rugged phones market. However, less awareness and other solutions availability hinder the growth of North America rugged phones market.
In case of COVID-19, North America is highly affected especially the US. The region is characterized by the presence of some of the key markets for rugged phones such as the US and Canada, where the adoption of advanced communication solutions and investments in industrial and public safety sectors is quite high owing to the huge presence of key technology providers, rugged phone companies, telecommunication companies, and network service operators. Hence, North America is one of the most important regions for the growth and demand of rugged phones market owing to presence of huge industrial sector and high investments in research and development activities related to smartphones.
Hence, any impact on the economic growth of the region will impact the growth of the market in a negative manner. Due to COVID-19 outbreak, there is a decline in telecom infrastructure development activities, temporary shutdown of businesses, disruptions in supply chain and manufacturing activities, and impact on sales & marketing activities of rugged phone companies operating in the region. All these factors have impacted the revenue and growth of rugged phones market in the region. The impact will be severe especially for small and medium sized companies/startups involved in this market. However, through ongoing restructuring efforts taken by companies to tackle the supply chain issues and to increase coordination with sales partners and suppliers may help in reducing the negative impact to some extent.
The North America market for rugged phones is segmented into type, screen size, end-user, and country. Based on type, the North America rugged phones market is divided into semi-rugged and fully-rugged. The semi-rugged is projected to be the largest and fastest growing segment over the forecast period. Based on screen size, the market is divided into below 5 inch, 5 inch to 6 inch, and above 6 inch. The 5 inch to 6 inch segment contributed the largest revenue share in 2019 and it is also projected to be the fastest growing during forecast period. On basis of end-user, the market is segmented into industrial, government, commercial, and military and defense. The industrial segment led the market in 2019 and is expected to be fastest growing during forecast period.
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Market Dynamics
Drivers
- Growing Demand of Rugged Phones Across Diverse Industries
- Increasing 5G Deployments to Complement the Growth
Restraints
- Less Awareness and Other Solutions Availability
Opportunities
- Growth Opportunities for Rugged Phones
Future Trends
- Combination of Advanced Technologies to Fuel Future Demand
- Impact Analysis of Drivers and Restraints
Companies Mentioned
- Caterpillar Inc.
- Juniper Systems Inc.
- Sonim Technologies Inc.
- Unitech Electronics Co., LTD
- Zebra Technologies Corporation
For more information about this report visit https://www.researchandmarkets.com/r/e7ivgo
