Posts

Showing posts with the label Consumer Electronics

Set Top Box (STB) Chipset Market Is Estimated To Witness High Growth Owing To Opportunity For Enhanced User Experience

Image
set-top box chipset market A set-top box (STB) is a hardware device that facilitates the reception and decoding of television signals into audio and video outputs that can be presented on television screens and other display devices. STBs are commonly used in cable television, satellite television, and over-the-air television systems. STBs provide a variety of features and services including on-demand content, interactive television, electronic program guides, recording content for playback and more. The global set-top box chipset market is estimated to be valued at US$ 3829.99 billion in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity for enhanced user experience presents a key growth prospect for the set-top box chipset market over the forecast period. Rapid advancements in technologies such as Artificial Intelligence and machine learnin...

Record Keeping System Market Is Estimated To Witness High Growth Owing To Convenient Data Storage And Retrieval

Image
 Record Keeping System Market  Record keeping systems provide easy storage and retrieval of large volumes of data in an organized manner. They digitally store records like financial documents, patient health records, employee records and more. This eliminates the need for physical storage of paper records. Record keeping systems offer benefits like reduced storage costs, data security and backup, centralized access to records from any location and easy searches.   The global Record Keeping System Market is estimated to be valued at US$ 20.25 Bn in 2023 and is expected to exhibit a CAGR of 7.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: One of the major market opportunities for record keeping systems is their ability to conveniently store and retrieve large volumes of data. Physical storage of paper records requires huge space and also makes data retrieval a tedious task. With digit...

Uv Led Market Is Estimated To Witness High Growth Owing To Trends In Disinfection Applications

Image
Uv Led Market The Uv Led Market is estimated to be valued at US$ 957.3 Mn in 2023 and is expected to exhibit a CAGR of 21% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: UV LEDs are solid-state devices that produce ultraviolet (UV) light when electricity is applied. They comprise of semiconductor materials and are mercury-free, long-lasting and relatively small in size. UV LEDs are increasingly being used in various applications such as air and surface disinfection, curing, phototherapy, counterfeit detection and medical light therapy due to their energy-efficient, compact and durable nature. Market key trends: One of the major trends driving the growth of the UV LED market is the rising demand for UV LEDs in disinfection applications. UV LEDs offer an eco-friendly, mercury-free and cost-effective solution for disinfecting air and surfaces. They are increasingly being adopted for disinfecting rooms i...