Report ID: UCMIG20D2018
Report ID:
UCMIG20D2018 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
One of the main factors propelling the business is the low cost of chip antennas compared to traditional antennas. In Internet of Things (IoT) applications, including smart grids, smart homes, connected cars, and the industrial internet, chip antennas are in high demand. The market for chip antennas is also anticipated to gain from the expansion of the miniaturisation trend in consumer electronics. Due to the growing demand for data analysis and analytics integration, the market for the Internet of Things in retail is expected to expand. Additionally, the use of e-commerce platforms has significantly increased as a result of the ease of shopping and the widespread use of smartphones, which is anticipated to fuel the rise in the chip antenna market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Electrical Components & Equipment by segment aggregation, the contribution of the Electrical Components & Equipment in Capital Goods and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG20D2018