The global video game market is forecasted to reach US$294.35 billion in 2026, experiencing growth at a CAGR of 8.53% during the period spanning from 2022 to 2026. Growth in the video game market is supported by factors such as rising number of gamers, surge in gen Z population, inclining smartphone penetration, increasing disposable income and rising internet penetration. However, the market g ..
The global robotic vacuum cleaner market is expected to record a value of US$11.26 billion by 2026, witnessing growth at a CAGR of 23.18%, over the period 2021-2026. Growth in the robotic vacuum cleaner market has accrued due to an upsurge in working population, surging adoption in hospitality sector, escalating introduction of industrial robots, rising income levels and increasing geriatric po ..
The global mobile gaming market is expected to record a value of US$151.1 billion in 2026, rising at a CAGR of 9.76%, for the time period of 2022-2026. Factors such as expansion of gaming industry, rising consumer spending on mobile games, increase in number of mobile gaming users, surging ownership of smartphones, rising internet penetration rate and rapid urbanization would drive the growth o ..
The global low voltage charger market is expected to record a value of US$1.22 billion in 2025, rising at a CAGR of 3.09%, for the time period of 2021-2025. Factors such as rising number of ride-hailing fleet vehicles, growing digital ads spending in automotive industry, rising sales of smartphones, decline in price of lithium-ion batteries, rising demand for electric vehicle supply equipment a ..
The global wearables market is expected to record a value of US$116.88 billion in 2025, rising at a CAGR of 17.12%, for the time period of 2021-2025. The factors such as growth of augmented reality/virtual reality (AR/VR) application, escalating spending on new technologies, progress in number of interest users, rise in youth population, rapid urbanization and growing popularity of smartwatches ..
The global keyboard market is expected to reach US$10.52 billion in 2025, progressing at a CAGR of 4.53%, for the duration spanning 2021-2025. The factors such as upsurge in prevalence of gamers, expanding urbanization, escalating popularity of E-sports, increasing adoption of PCs and peripherals in the education sector and surging growth in e-commerce industry would drive the growth of the mar ..
The global HVAC market value is anticipated to reach US$202.92 billion in 2025, growing at a CAGR of 6.72% for the period spanning from 2021-2025.
Factors such as growing global population, increasing construction activities, emerging home automation market, intensifying annual mean temperature and escalating e-commerce retail sales are expected to drive the market growth. However, growth ..
The global 5G smartphone market is predicted to reach US$823.93 billion in 2025, progressing at a CAGR of 124.89%, over the period 2021-2025. The factors such as growing population, increasing usage of mobile devices, surging integration of AR technology, expanding over-the-top (OTT) platform subscriptions, mounting penetration of internet users and upsurge in number of eSports audience would d ..
The global surveillance camera market is expected to reach US$39.13 billion in 2025, growing at a CAGR of 8.17% for the time period of 2021-2025. The factors such as growth in traffic management, upsurge in crime index, rising sales of home security systems and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by increase in privacy concern ..
The global small household appliances market is forecasted to reach US$159.49 billion in 2024, growing from US$115.30 billion in 2020. The market is predicted to grow at a CAGR of 8.45% during the period spanning 2020-2024. The growth in the global small household appliances market was driven by various factors like increasing global population, surging GDP per capita, rising internet penetrati ..