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2021
Data Terminal Market

Data Terminal Market By Product (Mobile Portable Data Terminal and Fixed Data Terminal), Component (Hardware (Mobiles, Displays), Software, Services (Support & Maintenance, Installation & Integration)), Application (Industrial, Financial, Scientific Research, Personal, Supply Chain & Logistics, Military & Defense, Aerospace, and Oil & Gas): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13149
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Nov 2021 | 45 Views
   
Author(s) : Vineet Kumar
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COVID-19

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Data Terminal Market Outlook - 2030

Data terminal is defined as equipment that serves as a source or destination in digital communication and is capable of converting data to signals as well as reconverting received signals. Data terminal equipment does not typically communicate with one another, as data communications equipment does. Printers, routers, and application servers are common examples of data terminal equipment. It can be a single piece of equipment or several components joined together to fulfill the essential functions.

The terminal in most communications is data terminal equipment. The way connectors are wired is one of the fundamental differences between data terminal equipment and data communications equipment. It is used to interact with a central dispatch office in public transportation vehicles, taxicabs, courier vehicles, service trucks, commercial trucking fleets, military logistics, fishing fleets, warehouse inventory control, and emergency vehicles such as police cars They are also used to display mapping and information important to the vehicle's tasks and activities, such as CAD drawings, schematics, and safety information.

For instance, the mobile data terminal is primarily used for communication between big fleets of vehicles and a dispatcher in a central location. The devices are found in a wide range of fleets, including taxis, police cars, buses, delivery trucks, and emergency vehicles. They let the dispatcher to convey information to the driver, such as location information, maps, and directions, without using a radio. All these factors are assisting the growth of data terminal market share globally.

The global data terminal market is segmented on the basis of product, component, application and region. Based on product, the market is divided into mobile portable data terminal and fixed data terminal. On the basis of component, the market is divided into hardware, software, services. On the basis of hardware, the market is further divided into mobiles, displays. On the basis of services, the market is further divided into support & maintenance, installation & integration. In terms of application, the market is categorized into industrial, financial, scientific research, personal, supply chain & logistics, military & defense, aerospace, and oil & gas. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global data terminal industry include HTC, Apple, Xiaomi, Lenovo, LG, Nokia, Rim, Samsung, OPPO, ZTE. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global data terminal market.

Market Scope and Structure Analysis

Report Metric

Details

 Market Size Available for Years

 2020–2030

 Base Year Considered

 2020

Forecast Period

 2021–2030

 Forecast Unit

 Value ($)

 Segments Covered

 Product, Component, Application, and  Region

 Regions Covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Italy and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)

 Companies Covered

HTC, Apple, Xiaomi, Lenovo, LG, Nokia, Rim, Samsung, OPPO, ZTE

 

COVID-19 Impact Analysis

COVID-19 has had a substantial impact on the sector's fundamentals, including consumer behavior, business revenues, and a variety of company activities. The COVID-19 outbreak has posed a significant strategic threat to data terminal market. The electronics and semiconductor manufacturing industries have been harmed by disruptions in raw material supply, temporary shutdown of manufacturing units, inadequate finance, and weak consumer demand. Due to this, the manufacturing of data terminals hampered and which eventually hampered the growth of data terminal market size globally.

Top Impacting Factors

With the evolution of technology, data terminals may now be placed on a variety of devices and provide a wide range of applications in a variety of industries. Data terminals, for instance, can be used for fleet management, in-vehicle surveillance, warehouse management, and asset management. Data terminals are also utilized in the freight industry to track and monitor products in real time. Additionally, it improves cargo safety and security for high-risk oil and chemical ships. These advancements are expected to increase demand for data terminal market opportunity. The need for data terminal devices is increasing as the number of devices increases. However, the expensive cost of installation, maintenance, and support is limiting market expansion. Integration concerns with personal devices such as smartphones, tablets, and laptops are also expected to limit the expansion of the data terminal market and are considered to be restraining factor of the data terminal market growth.

Surge in Usage in Mobile Data Terminal

A mobile data terminal is a computerized device that communicates with a centralized control system via transit devices or systems. Mobile data terminals are most commonly found in courier vehicles, commercial transportation fleets, and service trucks. It can also be used to manage warehouse inventory and military logistics. It is also put on emergency vehicles, such as ambulances and police cars, to connect with a central office. Mobile data terminals are outfitted with advanced technologies that give geographic information and display a map on the devices to which they are attached.

Mobile data terminals track vehicles in real time and deliver real-time notifications, alarms, warnings, sirens, and so on. Furthermore, mobile data terminals provide numerous benefits such as cheaper inventory and running costs, as well as greater operational efficiency. Mobile data terminals are coupled with software, allowing transportation agencies to operate more efficiently by utilizing rapid, dependable vehicle locating technology.

The software, which runs on tablets, computers, and smartphones, enhances the efficiency and features of mobile data terminals. Mobile data terminals with software integrated help to reduce fuel consumption by offering the quickest travel path for transportation. It also monitors drivers, vehicles, and delivered items in real time to increase fleet management efficiency.

Key Segments Covered

Segment

Sub-Segment

 Product

  • Mobile Portable Data Terminal
  • Fixed Data Terminal

 Component

  • Hardware (Mobiles, Displays)
  • Software
  • Services (Support & Maintenance, Installation & Integration)

 Application

  • Industrial
  • Financial
  • Scientific research
  • Personal
  • Others


Key Benefits of the Report

  • This study presents the analytical depiction of the data terminal market forecast along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the data terminal market trends.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight data terminal market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed data terminal market analysis based on competitive intensity and how the competition will take shape in coming years

Questions Answered in Data Terminal Market Research Report

  • Which are the leading players active in the data terminal market?
  • What are the detailed impacts of COVID-19 on the market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?                                     
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
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Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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