The global Bluetooth module market is projected to grow at a CAGR of 6.34% during the forecast period of 2018 to 2024. Bluetooth modules now form an integral component of multiple consumer electronic devices. The demand for Bluetooth modules is projected to rise during the forecast period on account of increasing demand for consumer electronics around the world. Furthermore, the increasing penetration of Bluetooth technology in security is further projected to augment the demand for these module Read more...
Smart speakers market is projected to grow at a CAGR of 8.24% during the forecast period, reaching a total market size of US$5.922 billion in 2024 from US$3.683 billion in 2018. Smart speakers are wireless, voice-enabled devices with built in virtual assistants that are capable of streaming audio content, relaying information, and communicating with other devices. The rising demand for the smart home devices will boost the demand for these devices during the given forecast period. Additionally Read more...
Video Doorbell market is projected to grow at a CAGR of 17.54% during the forecast period, reaching a total market size of US$2.940 billion in 2024 from US$1.115 billion in 2018. A video doorbell is a device that notifies the homeowner when a visitor arrives at the door. The video doorbells provide enhanced security from theft and crime due to the inclusion of night vision and motion detector sensors in it. It also enables the homeowners to speak and see the visitor without even going to the doo Read more...
Consumer electronics have become increasingly popular over the past multiple years and this trend is estimated to continue during the forecast period. The demand for consumer electronics around the world is estimated to grow due to the rise in disposable income around the world. Furthermore, increasing advertisement and awareness about multiple devices in developing economies have expanded the opportunities for the consumer electronics market to grow. In addition to this, the increasing adopti Read more...
The action camera market was evaluated at US$3,021.939 million in the year 2018. The action camera market is expected to grow at a modest rate due to the rising application of these cameras for capturing action sports and activities. Furthermore, the ability of these cameras to capture high-speed action scenes and the capability of these cameras to Read more...
The 360 degree camera market was evaluated at US$423.072 million for the year 2018 and is expected to witness moderate growth due to the rising popularity in the VR games and consoles. Simultaneously these cameras are now entering the security market as a single camera is able to capture a 360-degree view with a single unit. In addition, the entert Read more...
The digital cinema projectors market was valued at US$440.689 million in 2018 and is expected to grow at a healthy CAGR during the forecast period. Digital cinema projector refers to the use of digital technology to project motion pictures as opposed to the earlier use of the analog medium for projecting motion pictures through reels of films, most Read more...
The Smart vending machine market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. A smart vending machine is an automated machine that provides products to the consumer without the involvement of staff or human assistance. Technological advancement in the vending machine market in terms of gesture sensing, cashless payment, NFC, touch panel and many more has made the machine more consumers friendly which is considered as the key driving Read more...
The global compact camera module market is projected to grow at a CAGR of 9.11% during the forecast period to reach US$57.229 billion in 2024 from US$33.911 billion in 2018. Compact camera modules are the modules which are used in security camera, medical devices, and consumer electronic devices such as computers, smartphones, tablets and peripherals. Growing demand for consumer electronic devices on account of rising disposable income and improvement in the standard of living in the developin Read more...
The smart fridge market is projected to grow at a CAGR of 20.87% over the forecast period of 2017-2023. Smart fridge or smart refrigerator is programmed for sensing the products which are stored inside and also helps to keep a track of the stock via RFID scanning. The refrigerator also helps the user in knowing about the food items which require replenishment. The monitoring of this smart appliance can be easily managed through any remote location and can be controlled in case of any unauthorize Read more...
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