The semiconductor silicon wafer market was valued at USD 9.85 billion in 2019 and is expected to reach USD 13.64 billion by 2025, with a CAGR of 6.18% during the forecast period from 2020 to 2025. With semiconductors emerging as the building blocks of all modern technology, the innovations and advancements in this field are directly impacting...
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 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;...
In terms of revenue, the global USB Devices market was valued at US$ 30869.1 million in 2019 and it is projected to reach US$ 59266.8 million by 2027; it is expected to grow at a CAGR of 8.7% during the forecast period from 2020 to 2027. Universal serial bus (USB) or USB key or USB stick devices store data in flash memory with a USB-integrated...
The analog and mixed signal IP market is expected to register a CAGR of 14.5% during the forecast period from 2021 to 2026. Over the past decade, the integrated circuits have become increasingly complex and expensive. The industry started to embrace new design and reuse methodologies that are collectively referred to as system-on-chip (SoC),...
The government’s response to COVID-19 involved, as part of the hard nationwide lockdown, deprioritising the consumer electronics industry to ensure the supply and sale of essential goods such as processed food and drink, medicine and cleaning supplies. This meant that sales of “non-essential” products such as alcohol, tobacco, fresh food,...
The COVID-19 pandemic had a direct impact on sales of computers and peripherals in 2020, especially due to the consolidation of home-schooling models, e-learning and hybrid models for adult education, and changes in the work environment. Although consumers prefer to purchase such products on significant dates such as Black Friday and Christmas,...
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...
Abstract: - Global Engineering Services Outsourcing Market to Reach $2.1 Trillion by 2027 - Amid the COVID-19 crisis, the global market for Engineering Services Outsourcing estimated at US$318.4 Billion in the year 2020, is projected to reach a revised size of US$2.1 Trillion by 2027, growing at a CAGR of 31.1% over...
Global Power Bank Market, By Battery Type (Lithium-Ion (Li-Ion) Battery, Lithium Polymer (Li-Polymer) Battery), By Capacity (Up to 3,000 mAh, 3,0001 mAh-8000 mAh, 8,001 mAh-20,000 mAh, Above 20,000 mAh), By Application (Smart Phone, Tablet, Laptop, Portable Media Device, Digital Camera), By Region, Competition Forecast & Opportunities,...