Active Electronic Components Market size to grow by USD 122.44 billion from 2022 to 2027, Advanced Micro Devices Inc. and Analog Devices Inc. among key vendors - Technavio

NEW YORK, April 26, 2023 /PRNewswire/ -- The active electronic components market size is expected to grow by USD 122.44 billion from 2022 to 2027, according to the latest research report from Technavio. The market is estimated to progress at a CAGR of 7.02% during the forecast period. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. View a Sample Report!

Active Electronic Components Market - Vendor Landscape

The global active electronic components market is extremely competitive, with numerous international and regional players competing for market share. In order to gain a competitive edge in the market in focus, these vendors concentrate on product development and innovation, alliances, and acquisitions. The active electronic components market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Companies Mentioned

• Advanced Micro Devices Inc.
• Analog Devices Inc.
• Broadcom Inc.
• Diotec Semiconductor AG
• Everlight Electronics Co. Ltd.
• Infineon Technologies AG
• KYOCERA corp.
• Microchip Technology Inc.
• Monolithic Power Systems Inc.
• NXP Semiconductors NV
• ON Semiconductor Corp.
• Qualcomm Inc.
• Renesas Electronics Corp.
• STMicroelectronics NV
• Texas Instruments Inc.
• Toshiba Corp.
• Vishay Intertechnology Inc.
• Intel Corp.
• Murata Manufacturing Co. Ltd.
• Panasonic Holdings Corp.

Vendor Offerings

• Advanced Micro Devices Inc. - The company offers active electronic components such as microprocessors, motherboard chipsets, embedded processors, and graphics processors.
• Analog Devices Inc. - The company offers active electronic components such as amplifiers, A/D Converters, and audio products.
• Broadcom Inc. - The company offers active electronic components such as fiber optic modules, components, and optical components for broadband networking.

To provide a deeper understanding of the competitive landscape, Technavio has profiled key players along with the study that categorizes the global market segmentation. View a sample in minutes

Active Electronic Components Market - Key Market Segmentation

This report extensively covers market segmentation by end-user (consumer electronics, networking and telecommunications, automotive, manufacturing, and others), product (semiconductor, vacuum tube, and display devices), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The market share growth by the consumer electronics segment will be significant for the market growth during the forecast period. Private households use consumer electronics on a regular basis. Consumer electronics include all gadgets used for entertainment (entertainment and leisure activities), communication, and recreation, which are widely used among a wide range of technical consumer goods in households. With the increasing consumer demand, companies are focusing on offering high-performing and easy-to-use gadgets. Hence, such factors influence the growth of the segment during the forecast period.

View Sample Report in minutes The report comprises of various segments as well as analysis of the trends and factors that are playing a substantial role in the market.

Regional Market Outlook

APAC is estimated to account for 68% of the global active electronic components market growth during the forecast period. China is a significant revenue contributor in the region. Major drivers for the regional market include the growing demand for active electronic components from the automotive, aerospace, electronics and electrical, and other end-user industries in countries such as India and China. Additionally, an increase in people's disposable income is predicted to boost demand for gadgets and electrical equipment. Moreover, the region's dominance in global automotive manufacturing is likely to generate significant demand for active electronic components from the automotive OEMs and tier-1 suppliers in the region. Hence, such factors will boost the growth of the APAC market during the forecast period.

For more key highlights on the regional market share of most of the above-mentioned countries - View a Sample Report

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy Now!

Active Electronic Components Market - Market Dynamics

Key Drivers

• The increasing demand for IoT is expected to boost market growth during the forecast period. 
• The Internet of Things (IoT) is a network of interconnected devices or things that are integrated with electronics, software, sensors, and network connectivity, which allows an Internet-connected device to employ these sensors and actuators to gather, record, and transfer data in real-time to other computing devices.
• The devices are outfitted with semiconductor integrated circuits (ICs), which include memory, a microcontroller, wireless connection, sensors, and a variety of analog and digital components.
• Furthermore, the growing number of IoT applications will increase the demand for IoT chipsets that are integrated into IoT devices.
• Hence, such factors drive market growth during the forecast period.

Major Trends

• The growing investments in smart city projects are an emerging trend in the active electronic components market.
• A smart city is a type of urban development project, where a city's infrastructure is outfitted with various information and communication technologies. Countries around the globe are concentrating on the construction of smart cities in order to manage their assets and resources better.
• The implementation of smart city solutions, such as smart lighting, smart traffic management, smart utilities, and smart water and waste management, depends heavily on the involvement of numerous market stakeholders. 
• The stakeholders include the respective local and regional governments, information and communications technology (ICT) service providers, and smart device manufacturers.
• Hence, such trends will influence the market growth during the forecast period.

Key Challenges

• Regulations and standards are the major challenges hindering the active electronic components market growth.
• The global market is also governed by a number of international standards for product quality and dependability, such as ISO 9001 and IEC 60068.
• The testing and certification costs required to comply with these standards may hinder smaller enterprises from entering the market.
• Additionally, the industry is faced with additional challenges due to the rapidly changing nature of the technology landscape and the growing complexity of electronic systems.
• Hence, such factors impede the market growth during the forecast period.

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Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global active electronic components market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global active electronic components market 2017 - 2021 ($ billion)

• 4.2 End-user Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)

• 4.3 Product Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Consumer electronics - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)

• 6.4 Networking and telecommunications - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Networking and telecommunications - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Networking and telecommunications - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Networking and telecommunications - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Networking and telecommunications - Year-over-year growth 2022-2027 (%)

• 6.5 Automotive - Market size and forecast 2022-2027
• Exhibit 42: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Automotive - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

• 6.6 Manufacturing - Market size and forecast 2022-2027
• Exhibit 46: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ billion)
• Exhibit 55: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 56: Chart on Product - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 58: Chart on Comparison by Product
• Exhibit 59: Data Table on Comparison by Product

• 7.3 Semiconductor - Market size and forecast 2022-2027
• Exhibit 60: Chart on Semiconductor - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Data Table on Semiconductor - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Chart on Semiconductor - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Semiconductor - Year-over-year growth 2022-2027 (%)

• 7.4 Vacuum tube - Market size and forecast 2022-2027
• Exhibit 64: Chart on Vacuum tube - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Data Table on Vacuum tube - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Chart on Vacuum tube - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Vacuum tube - Year-over-year growth 2022-2027 (%)

• 7.5 Display devices - Market size and forecast 2022-2027
• Exhibit 68: Chart on Display devices - Market size and forecast 2022-2027 ($ billion)
• Exhibit 69: Data Table on Display devices - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Chart on Display devices - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Display devices - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product 
• Exhibit 72: Market opportunity by Product ($ billion)
• Exhibit 73: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 South Korea - Market size and forecast 2022-2027
• Exhibit 111: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 112: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
• Exhibit 113: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ billion)
• Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Advanced Micro Devices Inc. 
• Exhibit 127: Advanced Micro Devices Inc. - Overview
• Exhibit 128: Advanced Micro Devices Inc. - Business segments
• Exhibit 129: Advanced Micro Devices Inc. - Key news
• Exhibit 130: Advanced Micro Devices Inc. - Key offerings
• Exhibit 131: Advanced Micro Devices Inc. - Segment focus

• 12.4 Analog Devices Inc. 
• Exhibit 132: Analog Devices Inc. - Overview
• Exhibit 133: Analog Devices Inc. - Business segments
• Exhibit 134: Analog Devices Inc. - Key news
• Exhibit 135: Analog Devices Inc. - Key offerings
• Exhibit 136: Analog Devices Inc. - Segment focus

• 12.5 Broadcom Inc. 
• Exhibit 137: Broadcom Inc. - Overview
• Exhibit 138: Broadcom Inc. - Business segments
• Exhibit 139: Broadcom Inc. - Key news
• Exhibit 140: Broadcom Inc. - Key offerings
• Exhibit 141: Broadcom Inc. - Segment focus

• 12.6 Diotec Semiconductor AG 
• Exhibit 142: Diotec Semiconductor AG - Overview
• Exhibit 143: Diotec Semiconductor AG - Product / Service
• Exhibit 144: Diotec Semiconductor AG - Key offerings

• 12.7 Infineon Technologies AG 
• Exhibit 145: Infineon Technologies AG - Overview
• Exhibit 146: Infineon Technologies AG - Business segments
• Exhibit 147: Infineon Technologies AG - Key news
• Exhibit 148: Infineon Technologies AG - Key offerings
• Exhibit 149: Infineon Technologies AG - Segment focus

• 12.8 Intel Corp. 
• Exhibit 150: Intel Corp. - Overview
• Exhibit 151: Intel Corp. - Business segments
• Exhibit 152: Intel Corp. - Key news
• Exhibit 153: Intel Corp. - Key offerings
• Exhibit 154: Intel Corp. - Segment focus

• 12.9 Microchip Technology Inc. 
• Exhibit 155: Microchip Technology Inc. - Overview
• Exhibit 156: Microchip Technology Inc. - Business segments
• Exhibit 157: Microchip Technology Inc. - Key offerings
• Exhibit 158: Microchip Technology Inc. - Segment focus

• 12.10 Monolithic Power Systems Inc. 
• Exhibit 159: Monolithic Power Systems Inc. - Overview
• Exhibit 160: Monolithic Power Systems Inc. - Product / Service
• Exhibit 161: Monolithic Power Systems Inc. - Key offerings

• 12.11 NXP Semiconductors NV 
• Exhibit 162: NXP Semiconductors NV - Overview
• Exhibit 163: NXP Semiconductors NV - Product / Service
• Exhibit 164: NXP Semiconductors NV - Key news
• Exhibit 165: NXP Semiconductors NV - Key offerings

• 12.12 ON Semiconductor Corp. 
• Exhibit 166: ON Semiconductor Corp. - Overview
• Exhibit 167: ON Semiconductor Corp. - Business segments
• Exhibit 168: ON Semiconductor Corp. - Key offerings
• Exhibit 169: ON Semiconductor Corp. - Segment focus

• 12.13 Qualcomm Inc. 
• Exhibit 170: Qualcomm Inc. - Overview
• Exhibit 171: Qualcomm Inc. - Business segments
• Exhibit 172: Qualcomm Inc. - Key news
• Exhibit 173: Qualcomm Inc. - Key offerings
• Exhibit 174: Qualcomm Inc. - Segment focus

• 12.14 STMicroelectronics NV 
• Exhibit 175: STMicroelectronics NV - Overview
• Exhibit 176: STMicroelectronics NV - Business segments
• Exhibit 177: STMicroelectronics NV - Key news
• Exhibit 178: STMicroelectronics NV - Key offerings
• Exhibit 179: STMicroelectronics NV - Segment focus

• 12.15 Texas Instruments Inc. 
• Exhibit 180: Texas Instruments Inc. - Overview
• Exhibit 181: Texas Instruments Inc. - Business segments
• Exhibit 182: Texas Instruments Inc. - Key news
• Exhibit 183: Texas Instruments Inc. - Key offerings
• Exhibit 184: Texas Instruments Inc. - Segment focus

• 12.16 Toshiba Corp. 
• Exhibit 185: Toshiba Corp. - Overview
• Exhibit 186: Toshiba Corp. - Business segments
• Exhibit 187: Toshiba Corp. - Key news
• Exhibit 188: Toshiba Corp. - Key offerings
• Exhibit 189: Toshiba Corp. - Segment focus

• 12.17 Vishay Intertechnology Inc. 
• Exhibit 190: Vishay Intertechnology Inc. - Overview
• Exhibit 191: Vishay Intertechnology Inc. - Business segments
• Exhibit 192: Vishay Intertechnology Inc. - Key news
• Exhibit 193: Vishay Intertechnology Inc. - Key offerings
• Exhibit 194: Vishay Intertechnology Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 195: Inclusions checklist
• Exhibit 196: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 197: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 198: Research methodology
• Exhibit 199: Validation techniques employed for market sizing
• Exhibit 200: Information sources

• 13.5 List of abbreviations 
• Exhibit 201: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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