In a recent published report, Kenneth Research has updated the market report for Virtual Keyboard Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Virtual Keyboard Market products.
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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.
Virtual Keyboard Market Overview
Virtual keyboard is referred to a device or a technology that allows a user to enter characters. Virtual keyboard can be operated by touchscreen, mouse, and keyboard projected on the surface by laser. Virtual keyboard is a software component and are widely used by devices which have no physical keyboard such as personal digital assistance (PDA), touchscreen equipped smart phones and others. The virtual keyboard provides a handy substitute while working.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
Market Size and Forecast
The global virtual keyboard market is expected to expand at a robust compound annual growth rate over the forecast period i.e. 2017-2024. The factors driving the growth of virtual keyboard market include increasing adoption of innovative technology equipped with user friendly software and rising demand for touchscreen equipped devices. Further, on screen virtual keyboard by technology has the dominating segment in overall virtual keyboard segments and is expected to continue its dominance over the forecast period owing to growing use of on-screen virtual keyboard in automated teller machines, manufacturing machines, advanced automotive dashboards and others. Apart from this, telecom and IT sector by end user segment has been the leading segment owing to growing number of smart devices all across the globe.
In terms of geography, North America was the leading market in virtual keyboards in terms of revenue in 2016. Further, the region is envisioned to continue its dominance over the forecast period owing to rising installation of virtual keyboards into manufacturing machines such as CNC machines. In North America region, U.S. is the dominating country on the account of growing investment in the research and development activities within defense, aerospace, healthcare industry and others.
Europe region grabbed the second largest market in virtual keyboard in the same year. The major countries witnessing the augmented demand for virtual keyboards include the Western European countries such as Germany, U.K. and France. The factors propelling the growth of virtual keyboard market in this region along with rapid urbanization and growing number of devices equipped with virtual keypads. Asia-Pacific region is projected to show a tremendous growth by the end of 2024. Moreover, penetration of major vendors into the Asia-Pacific virtual keypads market is envisioned to bolster the growth of virtual keypads market in this region. China, Japan and India expected to contribute significant share in the revenue of Asia Pacific virtual keyboard market in this region between 2017 and 2024.
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Key players
The major key players for virtual keyboard market are as follows
- Celluon
- Company Overview
- Key Product Offerings
- Business Strategy
- SWOT Analysis
- Financials
- Mount Focus Information Systems
- Sawake
- BTC-LE
- iNextStation Virtual
- Lamaston
- ShowMe(TM)
- CTX Technologies
- Maxsync
“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”
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Table of Content:
- Executive Summary
- Research Methodology
- Global Market Size (USD Million) and Forecast
- Market Dynamics & Its Impact Analysis
- Global Market Segmentation Analysis
- Porter’s Five Force Model Analysis
- Competitive Landscape
- Company Overview
- Financial Performance
- Key Products
- Business Strategy
- Recent Developments
- SWOT Analysis
WHAT IS THE SCOPE OF THE REPORT WITH IMPACT OF COVID-19?
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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WHICH MARKET DYNAMICS AFFECTS THE BUSINESS DURING COVID-19?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
- Key Topic Covered in this Report
- Market Growth Opportunities
- Leading Market Players
- Market Size and Growth Rate
- Market Growth Drivers
- Company Market Share
- Market Trends and Technological Innovations
- Impact Analysis of COVID-19 (CORONA Pandemic) on Global Market
Download Sample of This Strategic Report-
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“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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Kenneth Research provides market research reports to different individuals, industries, associations, and organizations with the aim of helping them to take prominent decisions. Our research library comprises more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both the macro level as well as micro-level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis of various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keeps a track of the international and domestic market for any economic changes impacting the products’ demand, growth, and opportunities for new and existing players.
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