TechNavio today launched its report Global Peripherals Market 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global Peripherals market.
Commenting on the report, an analyst from TechNavio™s Hardware team said, Smartphone vendors are increasing the number of applications that enable higher mobility for corporate professionals. The increasing proportion of interactive applications, such as video conferencing, which enables users to get connected irrespective of their geographical location, has made smartphones a preferred device in the corporate sector. Moreover, the highly informative and internet-based applications in smartphones increase the product value for corporates more than for individual consumers in the open market.
According to the report, the growing demand for peripherals is also complemented by measures adopted by vendors to gain and retain market shares. To tackle the intense competition in the Global Peripherals market, vendors are capitalizing on the economies of scale to offer high volumes of goods at competitive prices. The practice of low-bidding to attract customers and gain market share is resulting in a decline in peripheral prices, and thereby increasing the unit sales of the peripherals.
Further, the report also discusses how the considerable growth rate of the Smartphones segment is hindering the growth of the Global Peripherals market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-peripherals-market-2011-2015
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