Persistence Market Research
In past few decades, the Global market of Desktop Calculators has increased significantly due to tremendous change in the technology, which allows almost everyone to make use of a calculator. Today, technology is playing an important role the Electronic market and due to which the calculator technology has grown to such level where it has become very easy for the users to do their work fast with more accuracy and efficiently and ultimately creating potential opportunities for the growth of Desktop calculator market. Moreover, the cutting-edge features of desktop calculators and its applications in various areas are also supporting the growth of Desktop calculator market.
A desktop calculator being a device can perform arithmetic or other mathematical calculations. Earlier, Desktop calculators are used to perform only the basic operation such as addition, subtraction, multiplication and division. But now, the desktop calculators can be used to perform many of the common scientific calculations such as calculation of powers, square roots, and logarithms and even used to solve financial problems such as statistics, investment analysis, personal finance, savings and others.
Global Desktop Calculator Market: Drivers and Restraints
The digitalization in technology is the primary factor which is driving the growth of Desktop calculator market. Also, different calculators are used in different sectors such as small and large retail sector, banking and financial institutions, hospitals, accounting firms and others. All these factors are creating immense growth opportunities for global Desktop calculator market.
Moreover, to reduce the complexity of solving problems and capacity to run on solar energy are the factors which are fueling the growth of Desktop Calculator market.
The increasing use of calculators in mobile phones, special designed watches and computers, which are providing more variety of non-computational task than a basic calculator is one of the factor that is hindering the growth of Desktop Calculator market.
Global Desktop Calculator Market: Segmentation
Segmentation of Desktop Calculator on the basis of type:
Segmentation of Desktop Calculator on the basis of end user:
Global Desktop Calculator Market: Competition Landscape
In February 2017, Canon USA Inc. launched new series of Business and tax calculators in order to enhance product offerings and improve overall customer experience.
The prominent players in Global Desktop Calculators are: Lyreco, Casio Computer Co. Ltd., Texas Instruments, Canon USA Inc., Citizen Systems, Sunway Electronics Company, Ultmost Technology group, Hewlett Packard Development Company, Orpat Group, Flair Calculators, Liquidware Labs, Inc., Sharp Electronics Corporation, Claro Calculators, Desmos and others.
Global Desktop Calculator Market: Regional Overview
On Geographic basis, North America is anticipated to capture largest market share regarding revenue, owing to increase in adoption of Desktop Calculator in various applications. APAC is anticipated to be the second largest market in terms of revenue in the Desktop Calculator Market over the next coming years due to high digitalization and presence of major players in Japan, China and India.
The Desktop Calculator market in Europe and Latin America are expected to witness high growth rates in the coming period due to the rise in technologies in the region.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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