The increasing utilization of smart electronics displays, such as smartphones, tablets, and laptops has formed a predominant share of these products in the multi-touch technology market. The growing focus on multi-user displays, such as vertical screens and multi-touch tablets are enabling the growth of the market. These devices help multiple...
The hardware encryption market is expected to be valued at USD 262 million in 2020 and reach USD 313 million by 2025, growing at a CAGR of 3.6%. Some of the factors such as an increase in the penetration of internet users and the growing adoption of digital content are the drivers for the growth of the hardware encryption market Hardware...
The text-to-speech market was valued at USD 2.0 billion in 2020 and is estimated to reach USD 5.0 billion by 2026, registering a CAGR of 14.6% during the forecast period. The rising demand for handheld devices, increased government spending on education for differently-abled, the dependence of the growing elderly population on technology,...
The overall wireless charging market is expected to be valued at USD 4.5 billion in 2021 and projected to reach USD 13.4 billion by 2026, at a CAGR of 24.6% between 2021 and 2026. The growth of the wireless charging market is attributed to the rising adoption of wireless technology in consumer electronics; increase in sales of electric vehicles;...
The consumer electronics market in Brazil was adversely impacted by COVID-19, as consumers prioritised spending elsewhere, or delayed replacement purchases. This pandemic compounded the economic difficulties the country already faced following the economic crisis of 2015-2019, from which it was struggling to recover. As a result, the majority...
The IR spectroscopy market is expected to grow at a CAGR of 4.1% from USD 1.0 billion in 2020 to USD 1.3 billion. Increasing demand of spectroscopy products in the healthcare & pharmaceuticals industry and food & beverages industry will drive the market. IR spectroscopy market for far-infrared technology is expected to grow...
The global EMC shielding and test equipment market size was valued at USD 6.4 billion in 2020 and is projected to reach USD 8.2 billion by 2025; it is expected to grow at a CAGR of 5.2% from 2020 to 2025. The growth of the EMC shielding and test equipment market is majorly driven by surging demand for consumer electronics, increasing electromagnetic...
The passive electronic components market is expected to register a CAGR of approximately 4.2% during the forecast period (2020 - 2025). The increasing adoption of digitalization and coupled with increased connectivity and mobility demand is further increasing the complexity of electronics. This is accelerating the demand for passive components...
Within home video almost all categories saw steeper negative growth in 2020 than in 2019 as a result of the COVID-19 pandemic. The only category to remain positive in 2020 was OLED TVs, and even this saw a much weaker performance than the previous year. The video players category continued to register double-digit negative growth as consumers...
Sales of in-home consumer electronics in Latin America continue to decline, with the Coronavirus (COVID-19) pandemic only worsening industry performance in 2020. The market is dominated by TVs, which, with already very high penetration rates, are currently in decline across the continent. However, TVs contains one area of major potential for...