Market Trends of Global Computer and Peripherals Special Purpose Logic IC Industry
This section covers the major market trends shaping the Computer & Peripherals Special Purpose Logic Ic Market according to our research experts:
Increase in Strategic Partnership and Acquisitions of Computer and Peripherals is Expected to Drive Market Growth
- A rise in the number of strategic partnerships and acquisitions enables market vendors to extend their leadership in their respective PC peripheral businesses. The acquisitions aim for developing initiatives that strengthen joint development programs, technological competitiveness, and investing capital according to market trends.
- Further Toshiba Memory Corp. and Western Digital Corp. (Western Digital) announced an agreement to jointly invest in the K1 manufacturing facility that Toshiba Memory is currently constructing in Kitakami, Iwate Prefecture, Japan.
- In March 2021, BluPeak, PC peripherals, and hardware vendor signed an exclusive distribution partnership deal with Dicker Data to expand the growth of Pc peripherals.
- The rise in digitalization will increase the need for PCs, laptops, and notebooks across education institutions, which in turn drive the market for PC peripherals.
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Asia Pacific is Expected to Register the Fastest Growth
- The primary markets for computer accessories in APAC are China, Japan, and South Korea. The market in this region will expand quicker than the market in other regions.
- The increase in shipment volume is owing to increased demand for PCs from both the consumer and commercial sectors, which would aid the expansion of the computer accessories market in APAC
- There has been a steady surge in computer shipments across Japan, China, South Korea, and other regions, which has demonstrated a growing potential for computer devices in the coming years.
- According to the Japan Electronics and Information Technology Industries Association, computer shipment increased 37.4% in 2020, indicating a growing demand for computers across the country, which leads to growth of the market in the upcoming forecast period.
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