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In a recently published report, Global Surface Computing Market report for till 2030. The 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 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 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 Analysis and U.S. Census Bureau mention 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) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst 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 Global Surface Computing Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Surface computing as the name suggests replaces traditional GUI with a surface and the user thus interacts with that surface which can be an everyday object or a touch sensitive screen. Currently, more than 90% of the Surface Computing market is dominated by flat surfaces, leaving the rest for three dimensional surfaces. The latter, also known as depth-aware surfaces, employ methods such as DepthTouch for interacting with the user and give a vivid hands-on experience.
Market Dynamics
Apart from the adoption of Surface Computing in businesses the drivers of growth in Surface Computing market is the increase in data sharing among various devices such as tablets, cellphones and camera.
The challenges in the growth of surface computing market are the high cost associated with the products it offers. Also, the rate of adoption by the end users is less owing to the unavailability of digital content for devices such as table shaped surfaces.
Market Segmentation
The market is segmented in terms of the surface type, method of interaction and Application. Surface computing can be broadly classified into flat and non-flat surfaces on the basis of surface type. Flat surfaces are two dimensional such as laptops, touch-screen mobile phones etc. Non-flat surfaces are three dimensional and can be spherical, cylindrical, curved, parabolic etc.
On the basis of method of interaction, Surface computing can be categorized into single and multi-touch interactions. Pinch to zoom is an example of multi-gesture interaction. According to technology surface computing can be divided into optical, capacitive, resistive and other technologies.
Surface computing finds its application in automotive industry, education, healthcare and hospitality, government and financial services and also the Retail Industry.
Regional/Geographic Analysis
North America, Europe, and Asia Pacific are the global Surface Computing markets. North America currently accounts for highest market share and that is approximately 40%. Asia Pacific region promises highest market growth in the upcoming years. The reason for this exponential growth in Asia Pacific region is because of the huge customer base in hospitality and entertainment industry.
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Opportunities
The drivers of market growth are basically increased adoption of multi user surface computers and natural user interface which is in turn driven by the need for user friendly interactions and fuelled by the advancements in technology. Also, when analyzing industries, corporate, hospitality, healthcare and entertainment are the major sectors in terms of immense growth opportunities.
Key Players
Some of the major players in the market include Planar System Inc., SensyTouch, Nvision Solutions Inc., 3M Co, Microsoft Corp., Apple, Vertigo Systems, Panasonic Corporation, Ideum Inc., Dell Inc. etc.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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Leonard Thomas
Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .
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