Global Desktop Calculators Market Overview:
The global desktop calculators market is expected to grow at a sluggish pace during the forecast period, according to the AMA study. Growing demand from the automation across different applications such as banking, finance, and consumer retail sectors is expected to be one of the major factor aiding into the growth for the market. However, the market is expected to witness a decline in the growth during FY 2020 but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
- Rising Demand from Small Retailers Across Emerging Cities
- Growing Automation Across Different Applications Such as Banking, Finance, and Consumer Retails
- Introduction of Innovative Calculators such as Printing Calculators
- Consumer Shift from Desk Calculators to Smart Calculators and Smart Devices
- Opportunities in the Emerging Markets
- Short-term Challenges due to Reduced Operations Across Different Industries & Economic Crisis caused by COVID-19 Pandemic Across the World
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Some of the key players profiled in the report are Casio (Japan), HP Development Company, L.P. (United States), Sunway Electronics Company (China), Canon (Japan) and Hitachi (Japan). Analyst at AdvanceMarketAnalytics see Japan Vendors to retain maximum share of Global Desktop Calculators market by 2025. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Desktop Calculators market. Considering Market by Display, the sub-segment i.e. 6 Digit will boost the Desktop Calculators market.
Stringent Government Regulations Regarding Lock-Down of Cities & Shutting Down of Operations Across Different Industries Across the World Due to the COVID-19 Pandemic is Impacting the Demand for Desk Calculators
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Desktop Calculators market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Desktop Calculators market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.