-- Global Portable Electronics Market - Overview
The Global Portable Electronics Market is growing with the rapid pace mainly due to the increasing market of wearable devices and smart phones. The dependency over the smartphones has been increased tremendously which in result has led to the growth of Portable Electronics market. According to a recent study report published by the Market Research Future, the Global Portable Electronics Market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).
The technological advancements coupled with increasing adoption of latest technology products is the major factor contributing to the growth of the Portable Electronics market. Apart from it, the increasing IoT market is also boosting the portable electronics market. The standard of living is changing continuously, the changing lifestyle needs are creating more demand for portable electronics. However, lack of awareness is the major factor restraining the growth of Portable Electronics market.
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Industry News
April 2018 - Leading semiconductor test equipment supplier Advantest Corporation has introduced its T5503HS2 memory tester which is the one of the most productive test solution in the industry for the fastest memory devices, and super-high-speed DRAMs. The memory super cycle has been driven by rapid growth in end markets including portable electronics and servers.
April 2018 - HMD Global that designs and sells Nokia brand of phones, have decided to focus on expanding product range and deepening retail presence in India in 2018.
Key Players
The prominent players in Portable Electronics Market are – Apple, Inc. (U.S.), Dell, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan), HP (U.S.), Nokia Corporation (Finland), Motorola Solutions, Inc. (U.S.), Eastman Kodak Company ((U.S.), Palm, Inc. (U.S.) among others.
Segments:
Portable electronics market can be segmented on the basis of following:
By Product
• Mobile Handsets
• Personal Digital Assistant (PDA)
• Notebook/Laptop
• Media Players
• Gaming Consoles
• Digital Camera
• Navigation Systems
• Power Banks
• Flash Drives
• Healthcare devices
• Others
By End User
• Industrial
• Commercial
• Residential
• Medical
• Others
Regional Analysis:
The regional analysis of portable electronics market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in portable electronics market in North America is attributed to technical advancements and increasing demand for digitization in that region.
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Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Consumers
• Chip designers and fabricators
• Original equipment manufacturers (OEMs)
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 413955
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