Insights on the Global SFF Board Market Research 2021-2025 | Market Impact Analysis Report due to COVID-19 Spread | Technavio
The SFF board market is expected to grow by USD 1.98 billion, progressing at a CAGR of almost 5% during the forecast period.
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Technavio has announced its latest market research report titled Global SFF Board Market 2021-2025 (Graphic: Business Wire)
The rapid increase in mobile data traffic is one of the major factors propelling the market growth. However, factors such as the increasing technological complexity of SFF boards will hamper the market growth.
SFF Board Market: End User Landscape
Based on the end-user, the retail segment led the market in 2020. Retail vendors use the information gathered from web browser cookies, kiosks, and POS systems to learn more about consumers, including whole sellers and distributors, and their preferences, purchasing habits, and buying behavior. The growth of the retail segment is attributed to the rising need for information management worldwide. The market growth of the segment will be significant during the forecast period.
SFF Board Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 72% of the market's overall growth is expected to originate from APAC. The growing network infrastructure and the increasing adoption of IoT devices will facilitate the SFF board market growth. China and India are the key markets for the SFF Board in APAC.
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Key Topics Covered:
Five Forces Analysis
Market Segmentation by End-user
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