High Portability and Lightweight Drive Growth of Ultra-Mobile Devices (UMD) Market
Ultra-mobiles refer to a category of computing gadgets that are midsized and are lightweight. The global ultra-mobile devices (UMD) market gathers momentum from its growing use in a wide range of applications, from education sector to various businesses. Ultra-mobile devices offer consumers the choice to bring forth their unlocked and compatible devices and let it run its platform.
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Ultra-mobile devices offer better battery life, extended portability, high productivity, and full-scale functionality. These features are likely to drive the global ultra-mobile devices (UMD) market over the assessment tenure. Various gadgets such as Chromebooks from Google, Lenovo Yoga 3 Pro, Panasonic Toughbook, and Apples MacBook Air provide the portability of a tablet and functionalities of a persona; computer (PC).
Rapid Technological Advancement Shoots up its Demand in the Market
As the feature-rich device gains attention, particularly amongst the millennials, the global ultra-mobile devices (UMD) market races ahead of other gadgets of similar category. In addition, rapid technological progress made in the field of communication opens up new avenues of growth for the global ultra-mobile devices (UMD) market.
Increased disposable income coupled with propensity to spend on premium products supports the growth of market. Advanced computational features and high portability make ultra-mobile devices an extremely preferable option amongst the people. Ultra-mobile devices also offer innovative user experience through integrated hardware designs and ergonomics.
On the other hand, high cost associated with the integration of such a top-notch technology is likely to obstruct growth of the global ultra-mobile devices (UMD) market. Ultra-mobile devices are premium category gadgets that are still owned by the rich and the famous.
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Nevertheless, growing number of finance solutions such as EMI systems are likely to work in favor of this market over the review period.
Asia Pacific is estimated to lead the global ultra-mobile devices (UMD) market due to rapid expansion and development of the telecommunication industry. Phenomenal expansion of wireless communication system is another significant factor of growth for the market.