The Impact of COVID-19 on the Role-Playing Games Market

Most industries now face significant ramifications due to the COVID-19 pandemic and global economic slowdowns. However, not every industry has slid into a tailspin. The role-playing games market, for example, is expected to see 9.22% year-on-year growth up to 2023, according to a new report by The Business Research Company. COVID-19 has had both positive and negative effects on this market.

Topics: Software & Enterprise Computing Consumer Electronics Industry Insights

Smart Kitchen Appliances Market Expected to Witness Robust Growth

The kitchen has always been the heart of the home. During the last three decades, it has become a fast-growing space for technological advancements, and the increasing number of smart appliances is a testimony to this ongoing trend. Smart appliances are expected to witness further improvement in the future and are creating a demand for home automation systems.

Topics: House & Home Consumer Electronics Industry Insights

Global Wireless Charging Market to Grow 41.79% from 2019 to 2024

Wireless transfer of power or electrical charging of battery-powered equipment and devices without the requirement of wired electric connection is termed wireless charging. It is often referred to as inductive charging, in which power is transferred wirelessly through electromagnetic induction. 

Topics: Consumer Electronics Industry Insights

Advancements in Supercapacitor Technology to Drive Market Growth

The global supercapacitor/ultracapacitor market is expected to grow from $1.2 billion in 2018 to $4.6 billion in 2023 at an annual growth rate of 30.0%, according to a report by The Business Research Company.

Topics: Computer Hardware & Networking Consumer Electronics Industry Insights

Amazon's Competitive Advantage and How Retailers Are Fighting Back

In 2018, Amazon’s global net sales reached $233 billion, and its impressive growth continues to rattle the retail industry.

Amazon is on a path to become the largest retailer in the U.S. — and is expected to overtake Walmart by 2022, according to data from a recent market research report by Packaged Facts titled Amazon Strategies and the Amazon Shopper, 2nd Edition. Amazon’s U.S. gross merchandise sales will contribute nearly half of U.S. e-commerce sales by 2022, up from 43% in 2019 and 28% in 2015.

Topics: Food & Beverage E-commerce & IT Outsourcing Consumer Electronics Industry Insights

5 Major Industries That Will Be Changed by Robotics

Once the domain of science fiction novels, robots are poised to transform a broad range of different industry categories in the coming years. Here are just a few key examples — covering the uses of robots today and in the future — based on reports by several market research firms.

Topics: Software & Enterprise Computing Consumer Electronics Industry Insights

A Major Growth Area in the Drone Market: Sense and Avoid Technology

According to a market research report by BIS Research, the global unmanned aerial vehicle (UAV) sense and avoid systems market was valued $508.7 million in 2016 and is expected to witness a growth rate of 38.90%, between 2016 and 2022 to reach a market value of $3.7 billion by 2022.

Topics: Consumer Electronics Public Sector Industry Insights

E-Cigarettes and T-Vapor Products Gain Traction in a Growing Market

According to a new market research report by BIS Research, titled Global E-cigarette and T-Vapor Market, Analysis and Forecast (2017-2025), the global e-cigarette and t-vapor market is expected to reach a value of $86.43 billion by 2025.

Topics: Retail Consumer Electronics Industry Insights

Top 5 Trends in the Electronics Industry

Since the time the “electronic revolution” hit the telecommunication industry, the competition in the field has exponentially increased leading to furious investment and innovation, helping to give rise to the digital economy. The digital economy supported the development of many electronic appliances such as smart phones, watches, TVs, refrigerators, security systems, and of course, environmentally friendly electric vehicles.

Topics: Manufacturing & Construction Consumer Electronics Industry Insights Heavy Industry

Quick Facts & Expert Industry Analysis on Drones

Forbes recently published an article written by Ken Long, a Senior Industry Analyst at The Freedonia Group, a division of MarketResearch.com. The article highlights seven key facts you need to know before investing in drone technology.

Read the article to learn:

  • Forecasts of U.S. drone sales to 2020
  • Which markets are poised to explode and which will climb at moderate rates
  • Where you can find possible investment opportunities
Topics: Retail Consumer Electronics Public Sector Industry Insights The Freedonia Group