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Indoor Humidifier Market - Forecasts from 2018 to 2023

Humidifiers are the appliances or an arrangement that adds moisture and increases the humidity level in the air to retain humidity at the required point. Humidifiers are preferably used in cold stores, data centers, and especially in agriculture production units, and other areas where environment critical products are processed and packaged. Additionally, these are used for comfort and health reasons in industrial and healthcare sectors. The humidifier industry is expected to see constant growth Read more...

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Smart Baby Monitor Market - Forecasts from 2018 to 2023

Smart Baby Monitor is a device which is used to monitor baby’s activities in the absence of parents around the baby. Rising number of dual-earning families is the key driver of global smart baby monitor market. Other major factors include an increasing number of nuclear families, growing awareness regarding baby’s safety and health while parents do household chores, changing lifestyle, and improved online retailing of these products. By mode of connection, the market share of wireless smart Read more...

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3D Gaming Console Market - Forecasts from 2018 to 2023

Global 3D gaming console market is projected to expand at a CAGR of 12.89% during 2017 to 2023. Advancement in the gaming technologies by the development of experience enhancing products such as virtual reality headsets, 3D display technology, and others have successfully provided tremendous growth opportunities to the vendors of 3D gaming console products over the last few years. The development of affordable solutions as compared to the previously high cost of advanced hardware has also comple Read more...

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Smart Appliances Market - Forecasts from 2018 to 2023

Smart appliances are equipped with next generation technology that enables them to communicate with the tablets or smartphones and allow users to control these appliances remotely, providing enhanced convenience, security, and efficiency. One of the main advantages of switching to Smart Appliances is the advantage of optimal energy consumption. Government regulations regarding energy consumption, advancement in electronics and communication technologies and increasing purchasing power of consume Read more...

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Portable Battery Pack Market - Forecasts from 2018 to 2023

Portable Battery Pack Market is projected to witness a compound annual growth rate of 15.44% to reach a total market size of US$13.412 billion by 2023, from US$6.542 billion in 2018. A portable Battery Pack is a hand-held device and is used for charging smartphones, portable media players, tablets and other mobile devices. Increasing requirement of portable packs, owing to a rise in demand for consumer electronics, and advancements in the battery technologies are some of the major factors fuelli Read more...

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Global GPS Market - Forecasts from 2018 to 2023

Global GPS Market is expected to grow to US$83.353 billion by 2022 from US$34.888 billion in 2017, at a CAGR of 19.03% over the forecast period. Increasing usage of wireless devices and growing demand for the location-enabled services are some of the key factors for the growth of GPS market. Other factors such as high adoption rate in consumer electronic devices like tablets, smartwatch, camera, mobile phones and other, and the emergence of new technologies like 4G also favor the growth of GPS m Read more...

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Hi-Fi System Market - Forecasts from 2018 to 2023

Hi-Fi System market is estimated to grow at a CAGR of 5.37% over the forecast period to reach US$13.116 billion by 2023, from US$9.585 billion in 2017. Hi-Fi systems provide better sound quality with accurate frequency response and low amount of noise and distortion. The advancement in technology ensures uncompromised, problem-free utilization of Hi-Fi audio devices such as soundbars, speakers, headphones, and microphones across various application segments. Growing digitalization of systems is Read more...

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Wireless Audio Devices Market - Forecasts from 2018 to 2023

Wireless audio devices market is projected to witness a compound annual growth rate of 12.19% to reach a total market size of US$34.003 billion by 2023, from US$17.055 billion in 2017. Wireless audio devices integrate wireless connectivity with microphones, headphones, sound-bars and speakers. The major factors driving the growth are increasing adoption of portable devices, technological advancements, and higher demand for infotainment services. However, the factors hindering the growth are nega Read more...

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Power Bank Market - Forecasts from 2018 to 2023

Global Power Bank Market is expected to grow at a CAGR of 17.30% over the forecast period to reach US$33.810 billion by 2021 from US$12.982 billion in 2015. Increasing processing power of devices, the growth of digital content, convenience, and shift towards 3G and 4G networks are the major factors propelling the growth of the Power Bank Market. Other factors contributing to growth is the declining price of power banks, rise in demand for smartphones, competitive market and a lesser degree of ad Read more...

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Gaming Console Market - Forecasts from 2018 to 2023

The gaming console market is anticipated to grow a CAGR of 4.11% during the forecast period to reach a total market size of US$49.305 billion by 2023, increasing from US$39.948 billion in 2017. The gaming console market has gone several hardware changes over the past couple of decades. Console manufacturers are introducing new devices so that they are compatible with latest specifications as per the demand of the gamers, while enhancing the gameplay experience. Sony, Nintendo and Microsoft are t Read more...

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