The global electronic products manufacturing market, one of
the segments in the electrical and electronics industry, grew at a compound
annual growth rate (CAGR) of around 4.3% during the historic period. This
mainly due to rise in disposable income and higher standards of living.
In the forecast period, the electronic products
manufacturing market size is expected to be over $954.9 billion by 2021,
declining at a CAGR of nearly 4%. The growth rate in the forecast period is
lower when compared to the historic period. This can be attributed to several
factors which include high degree of price competition and interest rate
increase.
Find TBRC’s report on the electronic products manufacturing market:
The demand for smart TVs is being driven by the rising
consumer preference for built-in smart functions in personal devices, and increasing
internet penetration. A smart TV combines the features of televisions and
computers, and comprises a television set with integrated functions for
internet use.
Smart TV users are also offered direct access to streaming services such as Netflix and Amazon
Smart TV users are also offered direct access to streaming services such as Netflix and Amazon
Prime Instant Video. To capitalize on this
trend, television manufacturers across the world are entering the smart TV
market
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https://www.thebusinessresearchcompany.com/sample.aspx?id=218&type=smp
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