PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1363878
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1363878
A touchpad, also known as a trackpad, is a pointing device commonly found on laptops and some desktop computer keyboards. It offers a convenient and portable way to interact with a laptop or notebook without the need for an external mouse. The touchpad market is expanding because of factors such as the increasing adoption of notebook computers and the growing implementation of artificial intelligence. Touchpads use capacitive sensing technology to detect the position and movement of a user's and translates the motion into cursor movement on the screen. It typically supports various gestures, such as tapping, scrolling, zooming, and swiping, which can be used for different functions and actions. Its importance has progressively increased during the forecast period 2023-2030.
Touchpad is an integral part of the laptop and serves as the primary input device to control the cursor and interact with the computer without the need for an external mouse. According to Statista, The global laptops and tablets market in the consumer electronics industry is projected to expand by 1.88 % in between 2023 and 2025 and estimated to reach up to USD 178.77 billion by 2025. Another important factor that drives the market is the rising implementation of artificial intelligence. Artificial intelligence has enabled touchpads to better understand user input, predict user intentions, and perform context-aware actions. Its machine learning algorithms analyze touchpad input patterns to identify different gestures accurately, allowing users to perform actions with natural hand movements. As per Statista, According to Next Move Strategy Consulting, the artificial intelligence sector will increase rapidly over the next decade. Its current worth of roughly USD 100 billion is predicted to more than double by 2030, reaching nearly USD 2 trillion. Also, the rising adoption of IoT-enabled devices and growing spending on defense security would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of touchpads and technical complexity stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Touchpad Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players in the region. According to Statista, the Laptops segment amounts to USD 24.55 billion in 2023. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing adoption of IoT-enabled devices and rising demand for rugged notebooks in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable