By Hisan Kidwai

In this digital world, our information and data roam the internet, utilized by data brokers to target ads. While targeted ads are legal, the potential for threat actors to access private information is a concerning reality. To address this issue, Mozilla has launched a new service called Mozilla Monitor Plus, claiming to search over 190…

The post What is Mozilla Monitor Plus? How Does It Remove Personal Data From Internet? appeared first on Fossbytes.

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By Hisan Kidwai

Keeping your Windows laptop up-to-date and running at its best performance settings is quite a hassle, considering there are multiple ways to do one action. Keeping this issue in mind, Microsoft has now launched its all-inclusive management app, Microsoft PC Manager, after two years of testing. Here’s everything you need to know about it. How…

The post Microsoft PC Manager App: How Use The Official Cleaner And Performance App appeared first on Fossbytes.

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By Siôn Geschwindt

Riders in numerous locations throughout Europe can now have their Cowboy ebikes repaired without ever leaving their couch.  Through the Cowboy app, you can request a mechanic to come to your home and carry out services like repairs, general maintenance, and the installation of a child seat. The call-out fee starts at €69.  “It’s imperative that customers are confident that when they invest in a Cowboy ebike, they can service it at a time and place that suits them best,” said Cowboy founder and CTO Tanguy Goretti.  “We realise that not everyone has the time, tools or technical knowledge to…

This story continues at The Next Web

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By Adi Gaskell

The recent changes to immigration rules in the UK have prompted some entrepreneurs to fear that they may be forced to leave the country as they don’t pay themselves enough to meet the new earnings criteria. This could prove a considerable mistake for a country that actively wants to attract and encourage startups. Immigrants make up a disproportionate share of entrepreneurs — 39% of the UK’s fastest-growing startups have at least one immigrant co-founder, despite only 14.5% of the population being foreign-born.  “Ambition lies within an immigrant’s nature — they are driven to build something they are proud of,” says…

This story continues at The Next Web

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Source:: Computer World

Source:: Computer World

By Barry Elad

Introduction

Gaming Earbuds Statistics: As of reports, the global marketplace of gaming earbuds is expected to reach above $3.7 billion by the end of 2029. The use of gaming earbuds has increased to fulfill the demands of gamers’ needs as they enable the effective feature of communicating with fellow online gamers. This earbuds are used in different types of gaming computers and consoles. Due to the advancement of technology earbud manufacturing is increasing with more advanced features such as noise cancellation, better sound quality, and low latency.

These gaming earbud statistics include insights from various aspects that provide light on how fast the earbud industry is growing enormously around the world.

Editor’s Choice

(Source: globenewswire.com)

• The global market for gaming earbuds was valued at $2,229.8 million in 2022.
• It’s expected to grow to $2,826.5 million by the end of 2029, with an annual growth rate of 3.4% from 2023 to 2029.
• By 2031, the market for gaming earbuds worldwide is predicted to reach $3,601.3 million.
• The gaming earbud market’s growth rate from 2022 to 2029 is estimated at 8.6% per year, according to maximize market research.
• In 2023, the Asia-Pacific region held the largest portion of the market, making up 43% of the global gaming earbud industry.
• Razer Inc. has the largest share in this market, with 33.80%.
• Wireless gaming earbuds are becoming more popular than other types.
• Specialty stores are the leading distribution channel, holding a 33% market share.

Facts About Gaming Earbuds

• The compound annual growth rate of the gaming earbuds market is expected to grow by 8.6% from 2023 to 2029.
• As of 2023, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
• The top manufacturers of gaming earbuds in 2023 are Razer Inc., HyperX, Logitech International SA, Turtle Beach Corporation, and Sennheiser Electronic GmbH & Co. KG.
• Gaming earbuds are segmented into 5 types wireless, sub-type, truly wireless, collared, and wired.
• The distribution channel of the gaming earbuds market is segmented into hypermarkets and supermarkets, specialty stores, brand stores, and online stores.
• The best features of gaming earbuds are hyper sync low latency, quick and easy touch controls, high fidelity audio, optimized mic, battery life of 31 hours, and water and splash resistance.

What are Gaming Earbuds?

The gaming earbuds are specially designed to enable a competitive edge over the entire online gaming platform. Gaming earbuds are included with some special features that are not available in normal headphones or headsets such as noise cancellation, EQ presets, and surround sound.

By Region

(Source: maximizemarketresearch.com)

• As of the above graph analysis, the largest market share in this industry is going to be captured by Asia-Pacific, which is followed by North America, Europe, Middle East Africa, and South America.
• As of 2023, the largest market is going to be accounted for by the Asia-Pacific region with a 43% share.
• Furthermore, other regions global gaming earbuds market shares are followed by North America (23%), Europe (16%), Middle East Africa (12%), and South America (8%).

By Market Players

(Source: maximizemarketresearch.com)

• As of 2023, over the global gaming earbuds market player the highest share is expected to be achieved by Razer Inc. with 33.80%
• Furthermore, the market shares achieved by other manufacturers are followed by Hyper X (13.10%), Logitech International SA (12.90%), Turtle Beach Corporation (9.50%), Sennheiser Electronic GmbH & Co. KG (6.70%), and Others (24%).

By Distribution Channel

(Source: maximizemarketresearch.com)

• The highest market share earned by the distribution channel is specialty stores with 43% in the year 2022. The specialty store segments mainly sell in stores that specialize in electronic products.
• Furthermore, the market share of gaming earbuds by distribution channels is followed by hypermarkets and supermarkets (33%), brand stores (9.50%), and online channels (15%).
• Other selling is followed by Hypermarkets and Supermarkets segment (large retail chains), Branded stores (directly through retail stores), and online channels (e-commerce website and online marketplaces).

By Price Point

(Source: maximizemarketresearch.com)

• As of the above graph, the global market share of gaming earbuds into price point segments are economic and premium.
• In which the economic segment is going to dominate across the market with a 42% share and the premium segment by 30% share in 2022.
• The market size of the gaming earbud market by price point is going to be doubled by the end of 2029.

By Reasons

• According to a survey by Statista, in the United States, 75% of people claimed that the main reasons for using earbuds are better sound quality, comfort (71%), price (54%), and durability (42%).
• Furthermore, other reasons statistics by American people share are followed by weight (29%), size (28%), noise cancellation (27%), design (25%), natural sound (23%), availability of various types of earbuds (23%), different brands and specification (20%), powerful bass (20% ), and wireless data transmission (14%).

Best Gaming Earbuds

(Source: multitools.newscdn.com)

• JBL Quantum TWS Noise Cancelling Gaming Earbuds, which cost around $229.95
• The advantages are dual connection, low latency, quick pairing, and easy touch control.
• These earbuds are compatible with PS5, PC, Nintendo Switch, and mobile.
• Enables above 16 hours of battery life with a charging case.

(Source: multitools.newscdn.com)

• Razer Hammerhead HyperSpeed Wireless Multi-Platform Gaming Earbuds cost almost $285.95
• The advantages are excellent audio quality, dual Bluetooth and 2.4GHz, low latency, and active noise cancellation.
• The device is compatible with PS5, PC, Nintendo Switch, mobile, and Xbox versions too.
• Enables above 32 hours of battery life with a charging case.

(Source: multitools.newscdn.com)

• Steel Series TUSQ is available at $74.99 – $79 (Amazon)
• The benefits are a detachable boom mic, great recording quality, multi-platform functionality, lightweight, and comfortable design.
• The device is compatible with PS5, Xbox series X, PS5, PC, Nintendo Switch, and Android.

(Source: multitools.newscdn.com)

• EPOS GTW 270 Hybrid Truly Wireless, costs around $240 (Amazon)
• This device is compatible with PS5, PS4, PC, Nintendo Switch, and Mobile.
• Enables above 20 hours of battery life with a charging case.
• The advantages are great sound quality, multi-platform compatibility, including a dongle of 2.4GHz, fitted comfortably, and IPX5 rating.

(Source: multitools.newscdn.com)

• Sound PEATS CyberGear Wireless, costs around $63.99 easily available at Amazon.
• The device is highly compatible with PC, Switch, and mobile.
• The advantages are a long battery life of over 26 hours, a cool charging case with RGB lighting, great audio quality, low latency, and multi-connection.

Conclusion

As of today, after completing the article on Gaming Earbud Statistics it is clear that the market size is growing rapidly around the world most in the Asia Pacific region. The best features of wireless earbuds used in gaming industries are versatile, portable, lightweight, and low latency which are easily compatible with PC, mobile, console, cloud, etc.

This article includes necessary statistics that are explained elaborately above; hope will help you understand the topic accordingly.  Are you a Gaming geek? And still unaware of these earbuds, then I suggest you try them to experience the ultimate satisfaction of the gaming world.

Source:: Coolest Gadgets

By Barry Elad

Bluetooth Shower Speaker Statistics: Shower speakers are Bluetooth speakers specifically designed for use in humid areas such as showers or in general bathroom baths. Shower speakers can also be found that use Wi-Fi but this is a rare feature. The speaker needs to be connected to a Bluetooth device. It is typically an Android or a tablet. It is the device that serves as the source for music to be played via the speaker.

The worldwide Bluetooth Shower Speakers Market for Statistics is anticipated to expand at an annual rate of 9.5 percent from 2022 until 2030. The market’s growth is due to the rising demand for wireless and portable speakers, increasing disposable income, as well as the rising trend of using smartphones in bathrooms.

Shower speakers must first be able to handle water splashes. This resistance is measured through the IP ( Ingress Protection) index, which must be listed in the description of the item. The most commonly used index will be that of the IPX4 index. It signifies how the gadget is secure from splashes.

Others offer better security, for instance IPX7. In this instance, the enclosure is submerged to a depth of one millimeter for an hour. [citation needed. Then it is considered water-proof. Certain models, which are rarer offer protection to index 8.

It is estimated that the Bluetooth Shower Speaker Statistics market is divided into segments according to type, use, and location. A water-resistant Bluetooth speaker can be connected with other devices that are connected, such as computers, phones tablet computers, iPods as well as other compatible devices that have Bluetooth connectivity. The waterproof function is assessed by an ingress protection (IP) rating. IP rating. It classifies and rates the level of protection against solids and liquids offered with electrical enclosures.

The frequent exposure of your speaker to salty or soapy water can cause damage to the surface of your speaker over time, particularly if it’s covered with cloth instead of silicone or other plastic. Some manufacturers suggest against placing speakers in areas that are hotter than 95degF (35degC) which is why it’s best to keep them out of direct contact with shower water if your water is hotter. It’s also recommended to make sure the ports on your speaker are clean before charging and using them.

Editor’s Choice

• The global market for wireless Bluetooth speakers was valued at approximately $6,988.3 million.
• Portable Bluetooth speakers led the market, accounting for 68.3% of it.
• Speakers with a power range of 11 to 30 Watts were the most popular, making up 61.6% of the market.
• For personal use, these speakers were the choice for 81.7% of consumers.
• Online platforms were the primary method of purchase.
• North America was at the forefront, generating 37.5% of the total market revenue.
• The trend towards portable audio solutions is boosting demand for these speakers.
• The main drawback is the limited battery life of these speakers.
• Integrating these speakers into smart home ecosystems presents new market opportunities.
• There is a growing preference for speakers that are easy to carry and durable.
• Notable companies include Bose Corporation, Sony Corporation, and Harman International.

Shower Bluetooth Speakers Market Analysis

(Source: mordorintelligence.com)

The Bluetooth Shower Speaker Statistics The market size is anticipated to increase by a staggering 11.56 billion as of 2022 to 31.84 billion by 2028. This will result in an annual growth rate of 18.43 percent over the forecast timeframe (2023-2028). The shift of consumer preference towards portable and wireless speakers over cables has led to increased demand for wireless speakers. In addition, the growing demand for battery-powered and low-maintenance equipment for outdoor use and the growing use of Bluetooth in audio and video industries are also driving up the demand for products.

• These speakers can be described as audio speakers that employ the same technology used in car radios. They are connected directly to audio and do not require wires. This allows the speaker to move around and still play an audio track. Recently, several technological advances have been seen in Bluetooth connectivity to improve the privacy and quality of sound. In May 2023, Promate introduced its very first Bluetooth speaker, called Glitz-L in India. The portable outdoor speaker improves listening experiences by incorporating Lumi Sound technology, bringing 360-degree surround sound and lighting effects that match each beat.
• Additionally, the advancement of lithium-ion batteries has assisted in the development of the portable Bluetooth speaker market greatly in allowing more playtime, without regular charging. The technology for quick charging and Power banks have helped boost demand for Bluetooth speakers by reducing the weight of the speakers and also dealing with charging issues.
• With the rising popularity of Bluetooth speakers available on the market, a variety of companies are launching new products on the market. For example in June 2022 Bose a major manufacturer of Bluetooth speakers, announced their Sound Link Flex, its new Bluetooth speaker that has a specially designed transducer.
• According to Bose this Bose Sound Link Flex maximizes clarity and delivers powerful bass, allowing customers to hear each instrument and voice. The company’s initiatives are expected to boost the market demand for Bluetooth speakers on the market over the next few years.
• Another factor that is driving the expansion of the Bluetooth speaker industry is the booming industry of recorded music. In the report of the International Federation of Phonographic Industry (IFPI) in 2022 the global recorded music market increased in value by 9.9%, fueled by the increase in subscription streaming.
• Additionally, as per the IFPI’s Global Music Report, in 2022 there were 589 million subscription account users, which significantly contributed to the revenue from subscription audio streaming which helped it grow to 10.3 percentage points up to USD12.7 billion. Since Bluetooth speakers are set to become an increasingly popular device to enjoy home entertainment, these trends are expected to continue to fuel the growth of the market.
• The home automation market is poised to expand, thanks to Bluetooth complete-home automation systems. Bluetooth mesh Bluetooth mesh will provide an efficient wireless connectivity platform that allows automated control of lights and smoke detectors, thermostats doorbells, cameras, and locks. However, the smart speaker has been positioned as a possible central control device for smart homes. Smart speaker sales are expected to increase multiple times over the next decade which could hinder the growth of the market.
• Additionally, there are technical issues with Bluetooth speakers, including the limitations on range, which can also hinder the growth of this market since even the most powerful portable Bluetooth speakers can’t guarantee that they can provide coverage that is as extensive as Wi-Fi. In the end, people experience signal loss when they move away from the speaker.

Application Insights

(Source: emergenresearch.com)

The music-related segment was the most popular in the market worldwide in the year 2019. Bluetooth technology allows users to stream wireless music from their smartphones and tablets straight into bathrooms. Speakers can connect to a tablet, smartphone, or laptop via the Bluetooth connection, and then play music with no wires. This is among the biggest advantages of these speakers since there is no requirement for an external device since everything is done via a tablet or smartphone.

The video and phone calls segment is anticipated to expand at a rapid pace over the forecast period due to the increasing usage of these devices among people around the world, particularly in emerging nations like India as well as China where the connectivity rates to the internet remain very high, however, the use rates for social media websites remain lower due to the ignorance about the benefits of it (such calling and making calls).

Speakers with Waterproofing Market Country-Level Analysis

(Source: technavio.com)

The Shower Speaker Market is studied in detail. Market size and volume data are given by location, country, charging technology kind of product as well as the technology and the sales channel, as mentioned previously.

The countries that are covered by the Shower Speaker Statistics market report include the U.S., Canada and Mexico in North America, Germany, France as well as France, Germany, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) within Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as portion of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as an integral part of South America.

North America dominates the Shower Speaker Statistics market due to the growth in the popularity of smart home products and also increasing use of audio systems with advanced technologies in nations like Canada as well as the US in the region. Asia-Pacific is the anticipated area of expansion of this Shower Speaker Statistics market due to the increase in the use of connected homes and smart devices, an increase in the advancement of technology in audio technology, and an increase in the demand for water-proof speakers with people living within this area.

The section on the country of the market for waterproof speakers report provides market-changing aspects and regulatory changes on the domestic market that influence the future and current developments that the industry is experiencing. The report also provides data points on consumption volume, production locations as well as volumes, analysis of import and export, trend analysis, the cost of raw materials, as well as the value chain between upstream and downstream analysis are a few important indicators that are used in forecasting the future market conditions for specific nations.

Additionally, the existence and the availability of global brands, as well as the challenges they face due to the abundance or lack of competitors from domestic and local brands, as well as the effects of tariffs in the domestic market, as well as trade routes are taken into consideration when giving forecast analysis of countries’ data.

The COVID-19 pandemic had a beneficial effect on the region’s Bluetooth speakers market. The bulk of the trade barriers on trade in North America were lifted in the aftermath of the introduction of COVID-19 vaccinations on a large scale to contain the epidemic ultimately contributing to a growth in the market from 2021. This market saw an increase in the demand and the sale of Bluetooth speakers between 2021 and 2022.

Product Launches and Product Expansions

• In July 2015, the Braven BRVX portable wireless Bluetooth speaker was created to appeal to boating and outdoor fans. This speaker features an integrated noise-cancelling microphone. It is also shock-absorbing with a rubber exterior.
• In July 2017, Bose Sound Link Revolve+ was Bose’s most efficient portable speaker. The speaker is awe-inspiring and delivers high-quality, rich, and amazing sound that covers the entire room. It’s waterproof with an IPX4 rating and can respond to voice commands. So it can make calls without hands or make use of Siri and Google Now.
• In August of 2019 in August 2019, the Sony XB40 Portable Wireless Speaker included two passive radiators that work in conjunction in conjunction with the two Full-range speakers. This helps increase the low-end frequency response.
• In October 2020, Apple unveiled the HomePod mini, the latest edition to the HomePod family of devices that offers impressive sound, the shrewdness of Siri to help you get things done, and an exceptional home experience that provides ease of use and convenience with no hassle. With only 3.3 inches it is a small device. HomePod mini is loaded with the latest technologies and software that enables computation-based audio to produce a dazzling audio quality no matter where it’s put.
• The announcement was made in March of 2021. JBL announced the new versions of its popular Bluetooth speakers, Boombox 2, and Go 3 along with Clip 4, in India. Its JBL Go 3 features a slim design. It’s easier to be carried around in a bag since it is light. Despite its size, it offers an excellent sound and batteries that last for a long time.
• In September 2021, Fugoo Style XL by Boat durable, tough, and weatherproof Bluetooth Speaker has the full spectrum of sound through 8 drivers that are symmetrically placed.

Market Segments

The market is classified by type (Smartphones Tablets, Smartphones) as well as by Application (Listening to Music, a Loudspeaker for Phone Calls and Videos Calls). The companies profiled in this report include:

• iHome –  iHome is a name brand for audio devices that are made to allow you to listen to your music, stream TV, and so on. iHome has a broad range of audio products, including speakers as well as other accessories.
• Altec Lansing – The Altec Lansing annual revenues were $271 million in 2023.
• Cambridge SoundWorks – Cambridge SoundWorks was established in 1987 to develop and produce premium audio equipment that could be sold directly to consumers. From the beginning the company’s successes were important and its products earned praise from the critics. The company was initially an innovative direct marketing company and then grew into the catalog division. Cambridge SoundWorks opened its first retail showroom in Newton, Massachusetts in 1991.
• Philips – Koninklijke Philips revenue for the month that ended 30 September 2023, was $4.866B that’s which is a 9.47 percent increase over the previous year. Koninklijke Philips revenue for the 12 months that ended September 30th, 2023 was $14.213B which is an increase of 27.6 percent decrease from year to year.
• The HMDX – wireless connection is simple and all you have to do is hit the power button for 3 minutes to connect it to your phone or another Bluetooth device. Its HMDX Bluetooth Speaker can also be carried around since it can be taken with you to a dance party as far as 30 feet away from the wireless signal.
• Ilive –  Digital Products International Inc. In 1971 Digital Products International Inc.’s headquarters and distribution center was housed in a modern, 330,000-square-foot facility located in the heart of downtown Saint Louis, Missouri.
• Typo –  International has 69,000 employees and the ratio of revenue per employee is $251,594. Tyco International’s highest revenues were $17.4B in 2022.
• Pyle – Pyle USA (Pyle) is a Brooklyn New York-based business that manufactures battery chargers for small battery systems portable air conditioners coolers, dehumidifiers, and small audio equipment.
• ION – The revenue of ION EXCHANGE was 16194 million in FY22. This was an increase of 9.2 percent in comparison to 14 826 rupees million reported in FY21. The revenue of ION Exchange has increased from 10 579 rupees in FY18 to Rs 16,194 million during Fiscal year 22. In the last five years, the ION EXCHANGE’s revenue has increased at a rate of 11.2 percent.
• Soundfreaq –  When Target decided to introduce our Soundfreaq products The brand quickly grew. In 2014 the Soundfreaq line was seeing an annual growth rate of double-digits and eventually attained global distribution in addition to the equivalent of $30 million in revenues.

Conclusion

Nowadays, it is impossible to throw an appropriate party without a great speaker. With the demand from consumers for speakers increasing this industry is predicted to expand steadily. The market for speakers offers many different items, ranging from audio systems for homes that give an all-encompassing listening experience and wireless speaker systems that play music whenever you want. In addition with smart homes becoming more widespread, smart speakers are also increasing in popularity.

Source:: Coolest Gadgets

By Thomas Macaulay

The Murena 2, a “deGoogled” smartphone with a kill switch, has finally launched in Europe. Billed as a privacy-centric disruptor to the Apple-Google mobile duopoly, the device is the second handset from French startup Murena.  One new addition to the Murena 2 is a physical privacy button, which instantly disables the microphone and camera. To reactivate them for a video call, users just need to flick the switch again. On the other side of the handset is another button — a disconnection switch. This disables all network activity and mutes the device, providing a “do not disturb” function that taps into growing…

This story continues at The Next Web

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By Siôn Geschwindt

Germans love beer. They consume more of it than almost any other nation, and now they can get it delivered on all-electric trucks, too.  Swedish startup Einride has set up a fleet of five battery-electric trucks to transport beer between Heinken’s brewery in Den Bosch, the Netherlands, and its central warehouse in Duisburg on the other side of the German border — a distance of about 135km.  These Mercedes eActros 300 trucks will transport ten full truckloads a day. The daily range for each vehicle will be around 300 kilometres. Once back at the brewery, the freighters will recharge at…

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By Thomas Macaulay

Finnish startup Kuva Space has unveiled plans to provide the US government with hyperspectral data. A powerful technology with diverse applications, hyperspectral imagery analyses a wider light spectrum than traditional sensors. As a result, it can unravel new insights about scanned objects. Here on Earth, the techniques have discovered artworks hidden under Picasso paintings and enhanced colours in smartphone photos. Up in space, the possibilities are almost endless.  With views across our planet, the sensors can read the spectral signatures of almost any material on Earth. At Kuva Space, the analysis begins by launching satellites equipped with hyperspectral cameras into…

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By Ioanna Lykiardopoulou

Amid an increasingly intense global race, EU lawmakers have agreed on a new set of rules to boost domestic production of green technologies. On Tuesday, the European Parliament and Council struck a deal on the much-anticipated Net Zero Industrial Act (NZIA). The key regulation seeks to ensure that homegrown net-zerotech can cover at least 40% of the bloc’s demand by 2030. “The NZIA is an important step in creating the necessary ecosystem to boost the manufacturing of clean technologies,” said Jo Brouns, Flemish Minister for Economy, Innovation, Work, Social Economy, and Agriculture. Amongst the technologies designated as “strategic” for the…

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Source:: The Next Web

By Barry Elad

Introduction

Electric Scooters Statistics: The demand for electric scooters has increased since 2018. Still, after the Russia-Ukraine war, the market boomed enormously due to rising fuel prices, which was one of the critical factors influencing the higher adoption rates of e-scooters. Hundreds of global manufacturers are inventing new electric scooter models yearly, including many features, types, and budget-friendly ones. This Electric Scooters Statistics includes several insights on current trends that will guide you effectively, and in the coming year, the market is expected to continue its growth trajectory.

Editor’s Choice

• As of 2023, the global electric scooter market has accounted for $37.07 billion and will grow by $78.65 billion by 2030, with a compound annual growth rate of 9.9% from 2023 to 2030.
• The electric scooter market accounted for an 8% share of overall 2-wheelers in 2023.
• The estimated market growth of global e-scooters will grow at a CAGR of 9.38% from 2023 to 2027, resulting in sales units of 4,261.82 thousand.
• The top startup companies of e-scooters, such as Like, Bird, Lime, etc., will make incredible growth of 7.3% CAGR.
• According to electric scooter statistics, e-scooters earn $3.65 per ride, and the per-minute charge is $0.15.
• In countries such as the United States, Latin America, Canada, and Europe, the overall revenue of electric scooters has increased by 21% in 2023, resulting in approximately $5 billion.
• By the end of 2023, electric scooter and motorcycle sales in India will have created a new record with 866.853 sales and a 33.5% sales growth.
• According to a Statistics report analysis, as of 2024, revenue earned by The e-scooter-sharing market will be $2,041 million.
• The top electric scooter manufacturers are Segway-Ninebot, Xiaomi, Kixin, Okai, and Hiboy, accounting for 80% of the global market share.
• Country-wise usage percentage of e-scooter sharing from April 2022 to March 2023, in which Vietnam secured a 17% market share.

Facts About Electric Scooters

• The high demand for electric scooter services has increased since 2020, with sales units of around 50 million.
• According to a survey organized by Populus, almost 70% of respondents have reviewed positive views about e-scooters.
• Significant players in electric scooters are Segway-Ninebot, Inmotion, Razor, E-TWOW, EcoReco, Airwheel, Glion Dolly, Jrtson, Xiaomi, etc.
• The three most prominent marketers of electric scooters are China, India, and South East Asia.
• Recently, e-scooters were believed to be manufactured with rechargeable batteries with better capacities.
• The designs of electric scooters are now more straightforward and practical, in which frames are made up of steel, fiber, carbon, and titanium.
• Usually, a single e-scooter weighs between 13.9 kg and 15.2 kg.

General Electric Scooters Statistics

• According to research published by Grand View Research Inc., by the end of 2030, the global market of electric scooters is expected to reach $41.98 billion and will go a CAGR of 8.5%.
• By that time, the Asia Pacific will dominate the worldwide market of e-scooters worth up to $26.25 billion.
• It is also expected that by 2028, global sales of e-scooters will reach above 129 million units.
• Meanwhile, worldwide e-scooters and motorcycles will reach $13,864 million by 2025.

(Source: technavio.com)

• The Asia Pacific region will contribute % a growth rate of 81% from 2023 to 2027.
• As of 2028, the worldwide electric scooter market is predicted to reach $37.44 billion, with a growth rate of 13% CAGR from 2022 to 2028.

(Source: mordorintelligence.com)

• The worldwide electric scooter and motorcycle market size in 2024 will approach approximately $1.03 billion.
• By 2029, the market valuation will reach $1.40 billion at a CAGR of 6.43% from 2024 to 2029.

Electric Scooter Statistics by Market Valuation

(10-Year Analyses From 2021 to 2030)

(Reference: statzon.com)

• The market value of global electric scooters in 2023 will account for $76,335 million and reach above $94,536 million by the end of 2024.
• Furthermore, in coming years, global electric scooter market valuations are followed by 2025 ($117,562 million), 2026 ($146,669 million), 2027 ($183,922 million), 2028 ($233,385 million), 2029 ($299,670 million), and 2030 ($389,007 million).

Electric Scooter Segmental Analysis

• The hub drive motor type is expected to dominate the electric scooter market with a share above 70%.
• On the other hand, the belt chain type segment will grow at a CAGR of 11.2% from 2023 to 2030.
• The electric scooter market is classified into commercial and personal use based on end-use. In the above forecasted period, the personal use segment will dominate by 60% global share in the e-scooter market.
• The commercial segment’s annual growth will be approximately 12.7% (2023- 2030).
• The 48V is the fastest-growing category based on voltage; almost 70.4% of income was generated.
• The fastest growing power output segment in the North American e-scooter market is 20KW to 100KW, with an annual growth rate of 37.4% CAGR.

Electric Scooter Investor Statistics

• The top investor in e-scooters is Lime, resulting in a total capital raised of around $455 with a valuation of $1000.
• Other investors and their raised capital in the e-scooter market are Bird ($415), Grin and Yellow ($270), Vogo ($110), Flash ($63), VOI Technology ($53), Skip ($31), Tier Mobility ($29), Dot1 ($23), Wind Mobility ($22), Spin ($8), and Beam ($6.4).

Indian Electric Scooter Statistics

• In 2023, electric scooter and motorcycle sales will create a new record with 866.853 sales and a 33.5% sales growth.
• As of December 2023, the market leader Ola Electric accounted for a share of over 25%, resulting in 228.700 units of sales, i.e., 110.4% annual sales share.
• Other companies sales share of e-scooter are TVS Motor (210.2%), Ather (116.2%), Bajaj Auto (202.9%), Hero Electric (-53.4%), Ampere (-29.6%), and Okinawa (-71%).

(Source: autocarindia.com)

• According to Auto car India electric scooters statistics, As of July 2023, total domestic sales of electronic two-wheelers are Ola Electric (18,333 units), TVS (9,599 units), Ather Energy (6,198 units), Bajaj Chetak (3,912 units), Okinawa (2,138 units), Ampere (1,343 units), Vida (951 units), and Hero Electric (759 units).

8-year Analyses From 2023 to 2030

(Reference: statista.com)

• The penetration rate of electric scooters in India in 2023 was 13% and is supposed to approach 19% by 2024.
• In coming years, predicted penetration rates are followed by 2025 (26%), 2027 (42%), 2028 (52%), 2029 (63%), and 2030 (75%).

The United States Electric 2-Wheeler Statistics by Type

(Reference: statista.com)

• In the United States, the electric-powered two-wheeler market is segmented into electric bicycles, scooters, and motorcycles.
• As of 2024, the sales of e-bicycles are expected to be highest, resulting in 278,974 units.
• The e-scooter sales will be 21,756 units, and e-motorcycles will be 37,667 units.
• In the United States of America, cities with a positive perception share of e-scooters are followed by Atlanta (79%), Austin (76%), Denver (76%), Chicago (75%), DC (72%), Los Angeles (71%), San Jose (69%), Seattle (68%), New York City (67%), and San Francisco (52%).

Electric Scooter Statistics by Demographics

• Across the world, the maximum usage share of e-scooters comes from men (52%), women (43%), and others (5%).
• Regular users share of e-scooter based on age group are followed by 18-24 years (6%), 25-34 years (44%), 35-44 years (27%), 45-54 years (11%), above 65 years (7%), others (5%).
• Based on income, 75% of people having e-scooters earn between $25K to $50K annually, 72% (under $25K), 69% ($50K to $100K), 66% ($100K to $200K), and 64% (above $200K).
• E-scooter users share statistics by race/ethnicity: Non-Hispanic (67%), Hispanic (10%), African American (5%), Asian (3%), and others (17%).

Electric Scooter Statistics by Geography

• By 2030, the Asia Pacific region will register the largest market share of e-scooters, resulting in $162 billion with a CAGR of 23%.
• Meanwhile, the market share is projected to reach $13.07 billion in the North American region, with a CAGR of 25.6%.
• The European region’s market share of electric scooters is expected to grow at a CAGR of 15.5% from 2021 to 2028.
• The compound annual growth rates of the market share from 2023 to 2033, based on countries, are The United States (9%), The United Kingdom (8.9%), Germany (8.8%), China (8.7%), and India (8.5%).

E-Scooter Sharing Statistics

• According to a Statistics report analysis, as of 2024, revenue earned by The e-scooter-sharing market will be $2,041 million and $3,045 million by 2028.
• The annual revenue growth rate is projected at a CAGR of 10.52% from 2024 to 2028.
• By 2028, the total number of users should reach above 143.40 million.
• Meanwhile, predicted user penetration in 2024 and 2028 will be 1.3% and 1.8%, respectively.
• As of 2024, the United States of America will generate the highest revenue share, resulting in $768 million.

(Source: statista.com)

• The above graph describes the country-wide usage percentage of e-scooter sharing from April 2022 to March 2023, in which Vietnam secured a 17% market share.
• Furthermore, other countries are followed by Sweden (16%), Denmark (13%), Egypt (13%), Australia (10%), France (9%), United Kingdom (8%), the United States (8%), Italy (8%), Canada (5%), Japan (2%), and Argentina (2%).

Electric Scooter Batteries Market Statistics

(Reference: maximizemarketresearch.com)

• The electric scooter battery market is expected to surpass $9.93 billion by the end of 2029, with an annual growth rate of 20.86% from 2023 to 2029.
• As of 2023, the lithium-ion battery has the largest market share, accounting for 14.2% CAGR, resulting in $56.8 billion, and it is expected to project $187.1 billion by 2032.
• Meanwhile, the usage of lithium-ion batteries in the Asia Pacific region held a share of 28.67% in 2023.
• By the end of 2028, the global annual growth rate of scooter batteries will expand in North America and Asia Pacific at a CAGR of 24% and 25%, respectively.

Electric Kick Scooter Statistics

• The worldwide market size of electric kick scooters in 2023 will cost $4.90 billion.
• The market is expected to reach $12.18 billion by 2030, and the growth rate is supposed to be 13.9% CAGR from 2024 to 2030.
• The Asia Pacific achieved the region’s highest market share, with 75.2% in 2023.
• The hub drive segment is the dominating segment based on drive, which has accounted for more than 92% of the share.
• Meanwhile, the personal end-use segment led over the commercial segment, resulting in a 60% market share.

Electric Scooter Accident Statistics

• 48% of e-scooter riders were injured and were aged between 18 and 29 years.
• 33% of first-time e-scooter riders have sustained injuries in 2023.
• Electric scooter users don’t wear helmets, but only 5% wear helmets on every ride.
• After injuries, 38% of people claimed they would again ride e-scooters.
• Almost 80% of deaths occurred because of car accidents.
• Other accident statistics are dangerous roadways (20%), sudden falls (80%), and absence of a helmet (95%).

Future Market Size Statistics

• A report published by McKinsey and Company states that by the end of 2030, the electric scooter industry’s market size is predicted to rise.
• In the United States, the market size will be between $200 billion and $300 billion.
• Furthermore, other countries’ market valuations are supposed to be in Europe ($100 – $150 billion) and China ($30 – $50 billion).

Best E-Scooters in 2024

• GoTrax GMax Ultra Electric Scooter (costs $649 at Amazon)
• InMotion S1 Electric Scooter (available at Amazon costs $699).
• Swagtron Swagger 5 Boost ($$48 at Amazon)
• E-Twow GT SE (available at eWheels and costs $895)
• Unagi E500 (costs $990 at Best Buy)

Conclusion

According to Electric Scooters Statistics, electric scooters have several benefits as they are affordable, eco-friendly, and convenient modes of transportation. Global people have been investing considerable amounts in this market recently; thus, the overall market is gaining immense popularity. E-scooters can reduce environmental impacts as they use batteries instead of fuels. These statistics have included all recent analyses of different segments, such as market share, type, demographics, geography, accidental analyses, and future statistics. Go thoroughly through the article to get a clear and basic idea about the global market.

Source:: Coolest Gadgets

By Barry Elad

Introduction

Smart Home Devices Statistics: Technology has made our lives too smooth because now, within seconds, we can quickly clear all our doubts. Are you interested in smart devices? Then, you are on the right track because this Smart Home Devices Statistics will guide you in understanding the different segments, facts, and current trends of smart devices. These devices are electronic embedded devices that include the implementation of IoT, AI, and machine learning for enabling effective connecting and communication with other networks and devices for completing every task efficiently.

Editor’s Choice

• The market valuation of global smart homes in 2023 will account for $100.42 billion.
• According to smart home devices statistics, the North American region held the highest share, at 40%, and Asia Pacific was the second highest, with a 30% share, in 2023.
• In the 1^st quarter of 2024, the estimated global shipment of smart home devices will be 186 million units, and the shipment rate will have fallen by 5.6% from 2023.
• According to IDC, the steepest decline has been predicted in the smart speakers and network video entertainment devices market, with a 15.4% and 7.8% fall, respectively.
• The total number of shipments of smart home devices such as Alexa, Google Assistant, Siri, and Google Home will surpass 5.5 million by the end of 2030.
• In the United States, at least one smart home device was implemented within 70% of households by 2023, resulting in over 60.4 million households.
• As of 2024, over 400 million smart homes will be available globally.
• Americans spend up to $1,172 on average to implement smart devices in their homes.
• By 2025, the total number of homes using smart devices in the global market will reach 478.2 million and 672.57 million by 2027.
• Around 74% of Americans are now willing to own a smart home device, and this is because of rapid climate change.

Facts On Smart Home Devices

• 81% of People with experience and knowledge about the benefits of smart devices now prefer to buy a house assembled with intelligent technologies.
• In the United States, at least one smart home device is owned by men (82%) and women (49%) in 2023.
• After using smart home devices, American homeowners have saved around $98 per month, resulting in an annual saving of $1,180.
• Wifi is the most commonly used connectivity, whereas landline and cellular backup are used in intelligent security cameras.
• Around 32% of Indian people have spent over 20 to 50K implementing several smart home devices.

(Reference: assets.site-static.com)

• The global smart home market share by device types is Safety and security (26%), Climate control (17%), Lighting control (13%), and Energy and water control (9%).
• Smart TVs and intelligent plugins such as Apple TV or Chromecast are currently owned by 70% of Americans.

General Smart Home Devices Statistics

• In the U.S., the usage of smart home devices is at its maximum, and 57% of Americans use them to save 30 minutes daily, which results in 182.5 hours annually.
• Robot vacuums, intelligent washing machines and dryers, and customizable LED lights are the most used devices
• Almost 40% of adults use voice searches daily as of 2024.
• Smart speakers are used by 49% of broadband households in the U.S. for setting reminders on calendars, setting timers and schedules, asking questions, and requesting another device for managing other activities.
• In 2023, the penetration rate of smart speakers will reach 21%, and in the United States, it will be 1%.
• For implementing an intelligent security system by 2024, it is estimated that households will spend approximately $35 billion.
• Intelligent security devices have positively impacted the lives of 60% of households in the U.S., and 63% of homeowners prefer investing in innovative security systems, such as burglar alarms, home monitoring and camera surveillance systems, environmental sensors, and flood, leak, and smoke sensors.
• The smart meter market valuation is supposed to reach $29.8 billion by 2026, with a growth rate of 7.2% CAGR from 2022 to 2026.

Smart Home Devices User Statistics

(10-year analysis from 2018 to 2027)

(Reference: oberlo.com)

• In the United States of America, 63.43 million households were using smart home devices in 2023, which has increased by 10.2% each year from 2018 to 2023.
• In the next four years, the number of smart home device users will increase, expecting 69.91 million by the end of 2024.
• Meanwhile, estimated users of the U.S. in 2025 (77.05 million), 2026 (84.92 million), and 2027 (93.59 million).

Smart Homes User Statistics

(10-year analysis from 2019 to 2028)

(Reference: statista.com)

• According to a report published by Statista Research Department, total users of smart homes accounted for 360.68 million worldwide.
• By the end of 2024, global smart home users are expected to reach 422.119 million, and the indicator is estimated to get higher numbers in the coming years.
• Furthermore, total users in 2025 (493.55 million), 2026 (576.22 million), 2027 672.5 (million), and 2028 (785.16 million).
• The global revenue per user of the smart home market is expected to decrease continuously from 2023 to 2028, resulting in $78.9. Thus, by 2028, the average revenue per smart home will be $294.94.

By Region

• According to a report published by Exploding Topics, in 2023, the Far East and China accounted for the largest market share of smart home devices with 375 million unit shipments.
• Other regions are followed by Europe (219.6 million units), North America (192.5 million units), Latin America (31 million units), and the Rest of the world (121.8 million units).
• As of 2024 and 2025, regional shipments of smart home device units are The Far East and China (521.8 million and 726.7 million), Europe (283.1 million and 384.9 million), North America (250 million and 329.2 million), Latin America (45 million and 68.8 million), and Rest of the world (175.8 million and 260.9 million) respectively.

Consumer Spending on Smart Home Devices (7-year analysis from 2019 to 2025)

(Reference: buttercms.com)

• Consumer spending on smart home devices has increased since 2020 and is expected to reach $173 billion by the end of 2025.
• In the past, the maximum growth was accounted for in 2021 with ($123 billion), which is followed by 2022 ($134 billion) and 2023 ($147 billion).
• By the end of 2024, global consumer spending on smart home devices will reach $159 billion.

By Segments

• Video entertainment holds the largest market share in 2023 with 29.9%, which is followed by home security (22.1%), smart speakers (14.3%), and others (33.7%).
• As of 2024, the expected market share of different will be 31. 3% on video entertainment, 21.1% (home security), 14.1% (smart speaker), and 33.5% (others).
• Similarly, in 2025, segmental market shares of smart home devices are predicted to be video entertainment (27.6%), home security (21.2%), smart speakers (14.4%), and others (36.9%).

Smart Speaker Statistics

• The global sales of smart speakers are estimated to be above 280 million units by the year’s end of 2024 and are expected to gain a market size of up to $30 billion.
• The U.S. will hold the largest market share with 25% fol, lowed by Germany (10%) in 2024.

(Reference: Smit.vub.ac.be)

• The usage frequency of smart speakers most in Germany as of 2023, followed by daily (66.80%), month-to-month (23.50%), and never (9.70%).
• Furthermore, in the United Kingdom, usage share is followed by each day (66.30%), monthly (26.30%), and never (9.70%).
• American usage: daily (50.10%), month-to-month (25.60%), and by no means (24.30%).
• The record additionally stated that 70% of these speaker proprietors use their gadgets day by day.
• Furthermore, the document observed that the maximum standard time of day for smart speaker usage changed into the night, between 6 pm and 9 pm.

Home Security Statistics

(Reference: buttercms.com)

• Home security systems are one of the fastest growing segments in the smart home devices market, and in 2023, total revenue earned resulted in $4.3 billion worldwide.
• Meanwhile, by 2025, the expected global revenue generated by the segment will be $5.05 billion.

Smart Home Security Statistics

(Source: mordorintelligence.com)

• The expected revenue earned by the global smart home security market by the end of 2024 will result in $32.46 billion and $61.97 billion by 2029, with a growth rate of 13.81% (2024 to 2029).

(Reference: assets.site-static.com)

• In the U.S., nearly 72% of households have installed at least one security device. In 2023 51 mi, million households have installed video surveillance systems, and 39 million installed alarm systems.
• The average cost of installing a home security system is around $475.
• As of 2023, types of device usage share are followed by video surveillance (42%), Video doorbells (38%), alarm systems (35%), and access control (10%).

Smart Assistant’s Statistics

• According to a report published by Insider Intelligence’s forecast, in the United States, total voice assistant users will have reached 145.1 million by 2023 end.
• The total number of users is expected to grow by 3% CAGR from 2023 to 2027.
• The top companies of voice assistants are Google Assistant, Apple’s Siri, and Amazon Alexa.
• As of 2023, in the U.S., the total number of users is followed by Google Assistant (85.4 million), Apple’s Siri (81.1 million), and Amazon Alexa (73.7 million)
• Worldwide usage of digital voice assistants by 2024 will reach up to 8.4 billion.

Smart Lighting Statistics

(Source: mordorintelligence.com)

• The market size is expected to reach USD 19.65 billion in 2024, growing at a CAGR of 18.94% to reach USD 46.79 billion by 2029.
• Government regulations, particularly those mandating the use of LEDs, are a major driver for market growth. For example, the US and European Union have set performance standards and directives that favor energy-efficient lighting solutions, significantly impacting the adoption of LED technology.
• The Asia-Pacific region is anticipated to witness the fastest growth due to the increasing adoption of IoT technologies, particularly in China, Japan, and India. These countries are experiencing a surge in smart device usage, which is expected to boost the demand for smart lighting solutions.
• Key market players include Signify Holding, Control4 Corp. (Snap One LLC), Lutron Electronics Co. Inc, Wyze Labs Inc., and Sengled, which are expanding their presence through new contracts and acquisitions.
• Costs of best smart light bulbs of 2024 used in smart homes are Nanoleaf Essential smart lights ($18), intelligent Tapo TP-Link light bulbs ($15), TCP Smart wifi bulbs ($12), Philips Hue White and Color Ambiance Starter Set ($99), and Nanoleaf Canvas lights ($73) all are readily available at Amazon.

Smart Security Camera Statistics

• The smart home security camera market is experiencing significant growth, with projections indicating a Compound Annual Growth Rate (CAGR) of 19.2% from 2023 to 2030. This growth is driven by the rising demand for residential security due to an increase in property crimes, alongside the advancement and integration of smart home technologies​​​.
• The market size is expected to expand notably, reaching USD 30.10 billion by 2030. This expansion is attributed to the increased adoption of smart home automation solutions, such as video doorbells and wireless home security cameras, which enhance intrusion detection and perimeter security​.
• Wired smart home security cameras accounted for the largest revenue share in 2022, favored for their reliability and reduced maintenance requirements. However, wireless technology is anticipated to witness the fastest growth due to its convenience and integration with smart home ecosystems​.
• Indoor cameras have dominated the market, driven by the need for constant monitoring of homes for security, child and pet surveillance, and emergency alerts. Artificial intelligence (AI) enhancements in these cameras have further bolstered their adoption​.
• North America remains the largest market for smart home security cameras, particularly in the U.S., where the adoption of home automation systems and smart home technologies is extensive. The Asia Pacific region, especially China and India, is expected to see rapid growth due to urbanization, increased safety awareness, and technological advancements in smart home devices​​​.
• The market is competitive with several key players like Vivint Smart Home, Inc., ADT Inc., SimpliSafe, Inc., Brinks Home Security, and Xiaomi Inc., among others, driving innovation and market expansion through advanced features like AI, real-time monitoring, and smart home integration​.
• Demand for smart home security cameras is bolstered by their advanced features, such as real-time alerts, integration with other smart devices, and remote access capabilities. The increasing consumer preference for smart homes and the integration of IoT technology are significant factors influencing market dynamics​​​.

5-year Household Analysis From 2023 to 2027

(Reference: statista.com)

• Nearly 98.86 million households worldwide will have installed smart security cameras in 2023.
• By the next four years, smart security cameras in several households in 2024 will be 122.13 million, in 2025 (146.88 million), 2026 (163.73 million), and by the end of 2027, 180.70 million.

Smart TV Statistics

• The global smart TV market was valued at approximately USD 211.42 billion in 2023 and is projected to reach around USD 451.26 billion by 2030, growing at a CAGR of 11.4% during the forecast period​.
• The demand for higher resolution TVs, such as 8K, is rising, with a predicted CAGR of around 17% from 2023 to 2030, due to the demand for super high-resolution picture quality. The 46 to 55-inch screen size segment dominated the market revenue in 2022, with a shift towards even larger screens, above 65 inches, expected to grow at a CAGR of about 16% during the same period​.
• Android TV dominated the market with the largest revenue share in 2022, thanks to its extensive app ecosystem. Meanwhile, the online sales channel for smart TVs is estimated to see the highest growth rate from 2023 to 2030, as consumers increasingly turn to e-commerce platforms for their electronic purchases​.
• The Asia Pacific region held the largest market share, with over 40% of global revenues in 2022. This dominance is attributed to the rising popularity of smart TVs in countries like India and China, driven by the emergence of new market players and increasing consumer spending capacity​.
• The market is competitive with major players like LG Electronics Inc., Samsung Electronics Co. Ltd, TCL Electronics Holdings Limited, Hisense Group, and Xiaomi Corporation leading the space. These companies are continuously innovating and expanding their product lines to cater to the evolving consumer demands​.
• The smart TV market’s growth is fueled by the widespread availability of high-speed internet, the rise of OTT media services, and consumer preference for online streaming platforms. Smart TVs offer a seamless way to access a wide range of online content, including streaming services, social media, and web browsing, directly from the television​.
• One significant challenge to market growth is the high cost associated with the latest smart TV technologies, which can be prohibitive for low-income consumers. This factor may limit market expansion to higher-income segments, slowing adoption rates among lower-income groups​.

6-year Installation Analysis From 2022 to 2027

(Source: spglobal.com)

• The Asia Pacific region will account for the highest Smart TV installment rate by 2027, resulting in 450.8 million.
• In other regions, installment rates in 2027 are going to reach North America (290.2 million), Western Europe (204.9 million), Latin America and the Caribbean (96.1 million), Eastern Europe (81.2 million), and the Middle East and Africa (30.5 million).

Smart Thermostats Statistics

(11-year analysis from 2023 to 2030)

(Reference: statista.com)

• The global smart thermostat market valuation in 2023 will cost $3.9 billion.
• The market size of global smart thermostats will account for $4.9 billion in 2024, and others are followed by 2025 ($6.2 billion), 2026 ($8 billion), 2027 ($10.4 billion), 2028 ($13.8 billion), 2029 ($18.6 billion), and 2030 ($25.5 billion).
• Costs of the top 5 best smart thermostats of January 2024 available at Amazon are Ecobee Smart Thermostat Premium ($249.99), Nest Learning Thermostats ($249), Nest Thermostat ($129.99), Wyze Thermostat ($95.50), and Amazon Smart Thermostat ($79.99).

Smart Plugs Statistics

(Source: technavio.com)

• The North American region has experienced the largest share, and 2027, the market is supposed to grow by 31% by the end of 2027.
• In the United States, in 2023, the adoption of smart plugs has increased across 695 households.
• The market size of Smart Plugin 2023 was $2.69 billion and is expected to reach $9.12 billion by 2028, along with a CAGR of 27.66%.
• The global smart plug market is projected to expand from USD 2.69 billion in 2023 to USD 9.12 billion by 2028, showcasing a Compound Annual Growth Rate (CAGR) of 27.66% during the forecast period​​.
• The market’s growth is substantially driven by the widespread adoption of smart homes and advancements in the Internet of Things (IoT) frameworks. Smart plugs are integral to the smart home ecosystem, allowing users to remotely control and automate the operation of household appliances and devices​​.
• While smart plugs become increasingly commonplace, security concerns arise regarding user privacy and the potential for devices to be compromised. These issues have attracted attention from both academic and industrial sectors, underscoring the need for secure smart home solutions​​.
• Asia-Pacific, led by China and India, is highlighted as a region with significant growth potential, attributed to the rapid adoption of IoT and automation technologies. China, in particular, is noted for its advanced manufacturing capabilities and is a major hub for the production of smart plug components. North America and Europe also show promising growth, with advancements in IoT and smart home adoption driving the market​​.
• The market is characterized by the presence of major companies such as TP-Link, Belkin International, Panasonic, D-Link, and Xiaomi, among others. These companies are continuously innovating and expanding their product lines to include smart plugs that cater to the evolving needs of the smart home industry​​.
• The smart plug market is witnessing a shift towards Wi-Fi and Bluetooth-enabled devices, facilitating easy integration into existing smart home networks. The introduction of products certified by new protocols such as Matter indicates a move towards standardization and interoperability in the smart home devices sector​​.

Smart Security Camera Statistics

• The worldwide market of smart security cameras is increasing continuously, and in 2023, around 82.79% of households will use the device, which is approximately 81.84 million.
• 2027, a new peak record is expected, resulting in 180.7 million households using smart security cameras globally.
• According to KBV Research, by 2026, the global market size of smart home security cameras is expected to reach $10.4 billion.
• The global smart home security camera market was valued at approximately USD 7.37 billion in 2022, indicating a robust foundation in the smart home sector.
• The market is expected to grow at a compound annual growth rate (CAGR) of 19.2% from 2023 to 2030. This growth is driven by an increasing awareness of home security needs and advancements in camera technology.
•  In North America alone, the smart home security cameras market size was valued at around USD 2.99 billion in 2022, with an expected CAGR of 19.8% from 2023 to 2030. This highlights the region’s significant contribution to the market’s overall growth.
• The surge in demand for smart home security cameras can be attributed to a rise in regional thefts and burglaries. These devices have proven effective in preventing such crimes, thereby increasing their adoption among homeowners.
• By 2030, the global smart home security camera market is anticipated to reach a valuation of approximately USD 30.10 billion. This projection underscores the market’s potential for expansion and the growing consumer interest in home security solutions.
• The rapid adoption of the Internet of Things (IoT) in smart homes is a key factor supporting the industry’s growth. Innovations in camera technology, including improved resolution, connectivity, and integration capabilities, are expected to further fuel market expansion.
• Prominent companies in the smart home security camera market include Vivint Smart Home Inc., ADT LLC, Simplisafe Inc., Brink’s Home Security, iSmart Alarm Inc., Live Watch Security LLC, Skylinkhome, Protect America Inc., Samsung Electronics Co., LTD., Frontpoint Security Solutions, LLC, Arlo Technologies Inc., Nest Labs, Wyze Labs Inc., Blink, and Ring LLC. These companies are leading the market with continuous product innovation and strategic market initiatives​​​​​.
• Recent developments in the market include the introduction of dual-camera devices by Eufy Security, smart security cameras with night vision and intercoms by Xiaomi, and the launch of a DIY home security system by Google in collaboration with ADT. These innovations highlight the industry’s focus on enhancing surveillance capabilities and user convenience through technology​.

Smart Curtains and Blinds Statistics

• The global curtains and window blinds market is expected to cross USD 30 billion by 2032, with significant growth driven by technological advancements and increasing demand for motorized and smart window solutions. The market is propelled by a rising preference for housing and commercial infrastructure enhancements, along with advancements in motorized blinds and shades for enhanced safety and convenience​​​.
• Asia Pacific is forecasted to hold the largest market share by 2035, fueled by rising disposable incomes, urbanization, and a booming construction sector. This region is seeing a significant shift towards urban living, with a projected addition of 1.2 billion people in urban areas by 2050. The increase in tourism, particularly in China, has also spurred hotel construction, influencing demand for curtains and window blinds​.
• North America is expected to experience the highest growth rate, attributed to the increasing trend of smart homes and the integration of AI in window coverings. The DIY trend and a substantial presence of companies with established distribution networks further contribute to this growth​.
• The market is seeing a shift towards online distribution channels, with a projected growth rate of 8.8% from 2023 to 2030. The convenience and efficiency of online shopping, along with the rise in home-furnishing transactions, are notable trends. Smart home automation technologies are also becoming increasingly popular, with companies introducing products like smart window blinds that can be controlled wirelessly, offering convenience and integration with home automation systems​.
• The demand for polyester material in curtains and window blinds is projected to cross USD 4 billion by 2032, owing to its durability and insulating properties​.
• Cotton window blinds are experiencing growth in the residential sector, with the market from the cotton material segment surpassing USD 1.2 billion in 2022​.
• Market leaders such as Hunter Douglas N.V., Norman Window Fashions, and Kirsch are focusing on product innovation and smart technology integration to cater to evolving consumer preferences. Recent product launches, such as the Motion Blinds Upgrade Kit for Roller Blinds by Eve, indicate a strong focus on enhancing user convenience and energy efficiency​.

Smart Refrigerator Statistics

(Source: mordorintelligence.com)

• As of 2024, the expected market valuation of smart refrigerators will be $3.61 billion.
• By 2029, the market will reach above $4.22 billion at a CAGR of 3.14% from 2024 to 2028.
• The top three manufacturers of smart refrigerators are Whirlpool, Samsung, and Haier, holding a market share of 30% in 2023.
• Most users of smart fridges belong to metropolitan areas and are aged between 34 and 49 years.
• Families with annual incomes above $100K had a single smart fridge at their homes.
• The most extensive use of smart fridges is French door refrigerators, with a share of 45%, which are used highly in commercial appliances, followed by home appliances.
• China will have the largest market share of over 55%, followed by the North American region (25%) and Europe (25%).

Conclusion

This article on Smart Home Devices Statistics has helped you understand the overall market of smart home, smart devices, and their implementations. The paper includes several current statistical analyses, such as smart speakers,  smart home security, smart cameras,  smart plugins, smart assistants, smart lighting, smart refrigerators, smart TVs, etc. So, the marketplace is predicted to grow gradually in 2024 and the coming years.

Source:: Coolest Gadgets

By Hisan Kidwai

When building or upgrading a PC, selecting the right RAM and setup is crucial. Unfortunately, many users unfamiliar with complex terminologies often end up with a system where RAM becomes a limiting factor in overall performance. Therefore, here is a comprehensive buying guide covering everything you need to know before purchasing RAM. What is RAM?…

The post RAM Buying Guide: How To Pick The Right RAM For You? appeared first on Fossbytes.

Source:: Fossbytes

By Barry Elad

Introduction

Keyboard Statistics: Over time, with technological advancement, the sales rate of the keyboard market is increasing rapidly around the world. In everyday life, billions of people are randomly hitting their keyboards for several purposes and some are still unaware of the interesting facts and statistics of the keyboards market. Relax and go through these Keyboard Statistics articles which include insights from various aspects that provide light on how fast the market is growing enormously in recent days.

From a report published by Future Market Insights, revenue generated by the global keyboard industry is expected to be $6.8 billion by the end of 2033 along with a growth rate of 3.5% CAGR from 2023 to 2033.

Editor’s Choice

• Market Value and Growth: The computer keyboard market was valued at US$ 4,870.3 million in 2023 and is expected to grow at a CAGR of 3.5% from 2023 to 2033​​.
• Major Players: Key companies in the market include Microsoft, Logitech, COUGAR, KINESIS, GOLDTOUCH, and Razer Inc., among others​​.
• Innovations and Developments: Innovations include JLab’s mechanical keyboard with 2.4GHz and Bluetooth connectivity and ASUS Republic of Gamers’ new gaming keyboard offerings​​.
• Market Segmentation: The keyboard market segments cover wired, wireless, ergonomic keyboards, and technologies like RF, Infrared, and Bluetooth, catering to corporate/enterprises, gaming, and personal use​​.
• Global Trends: The keyboard market growth is influenced by the COVID-19 pandemic, technological advancements, and consumer preferences towards ergonomic and customizable features​​.
• Mechanical Keyboards: The mechanical keyboard market is driven by the growing gaming industry, with a preference for tactile, durable, and fast-performance keyboards. Innovations in mechanical keyboards focus on providing enhanced gaming experiences​​.
• Challenges: Counterfeit products pose a challenge to market growth, affecting consumer trust and brand reputation​​.
• Impact of Touchscreen Devices: The proliferation of touchscreen devices like smartphones and tablets is impacting the growth of the keyboards market, as these devices offer convenient navigation and functionality​​.
• Technological Advances: Companies are focusing on creating innovative keyboard solutions, such as 3Dconnexion’s Keyboard Pro with Numpad, featuring programmable keys and app-specific commands​​.
• Regional Insights: North America was the largest region in the keyboard market in 2023, expected to remain a key market during the forecast period due to technological advancements and consumer demand​​.

Facts of keyboard

• There are different types of keyboards such as wired keyboards, QWERTY Keyboard, wireless boards, numeric keyboards, USB keyboards, Bluetooth Keyboards, ergonomic keyboards, gaming keyboards, backlight keyboards, magic keyboards, membrane keyboards, and flexible keyboards.
• Gaming is the main reason for the market growth of the keyboard industry in 2023 and in the United States around 67% of the population are playing games.
• According to research, it is estimated that average people who are using keyboards can type 8 words per minute.
• By the end of 2023, on average a person hit the keyboard more than 8 million times.
• Regularly, the average time spent on the keyboard is approximately 2 hours and 22 minutes.
• On the keyboard, the ‘Space’ key is used most accounting for 33%, and the next most popularly used key is the ‘e’ key holds 12.7%.
• Whereas recent studies of Social Marketing, it has observed that the use of the ‘Caps Lock’ key has reduced by 2% of the time.
• Per hour average person hits around 2400 to 3000 button clicks.
• The longest left-handed words used on the keyboard are STEWARDESSES and the longest right-handed words are LOLIPOP.
• Average keyboard users use their right hand which is equal to 12.6 miles per day.
• Only 25% of adults use all 10 fingers while typing.

General Keyboards Statistics

(Source: researchandmarkets.com)

• As per the report analysis of Research and Markets, in 2023 the global keyboard market has grown by $9.59 billion with a CAGR of 3.4%
• Whereas, the global keyboard market share is expected to reach $10.43 billion by the end of 2027 with a CAGR of 2.1%.
• The expected market size of the mechanical keyboard is going to increase by $378.13 million with a CAGR of 6.94% from 2023 to 2028.
• According to Business Research Insights, by the end of 2031, global tablet keyboard’ is expected to be $15.7 billion.
• Based on the application, the tablet keyboard market is classified into high-end (above $120), low-end (below $80), and regular ($80-$120).
• The global market value of computer keyboards resulted in $5.08 billion in 2023 along with a CAGR of 3.9% from 202 to 2029.

By Segmentation

• The sales rate of computer keyboards in India is supposed to grow by 2% of CAGR from 2023 to 2033.
• As of 2022 based on type the wired keyboard segment has accounted for a market share of 34.5%.
• Whereas, in the technology segment market share achieved by radio frequency keyboards was 39.9%.
• Over the application segment, the corporate enterprise’s application segment is expected to grow at a CAGR of 1.4% from 2023 to 2033.
• North American region accounted for the highest share in the United States covering a market share of 65.4%.
• As per CMI report analysis, based on type the global market share of basic keyboard was 67.3% in 2022.

By Revenue

(Reference: statista.com)

• Global revenue for the keyboard industry reached $4.8 billion, with a growth rate of 3.2%.
• Future Projections:
  • 2024: Expected revenue is $4.9 billion, marking a growth of 1.7%.
  • 2025: Revenue is projected to hit $5 billion, with a growth rate of 1.6%.
  • 2026: Anticipated revenue of $5.1 billion, continuing the growth trend at 1.6%.
  • 2027: Predicted to reach $5.2 billion in revenue, accelerating growth to 2%.
  • 2028: Forecasted revenue of $5.3 billion, with a growth rate of 1.8%.

By Average Revenue Per Capita

(Reference: statista.com)

• The average revenue generated by the global keyboard market in 2023 was $0.63 and by the end of 2024, it is expected to be the same resulting in $0.63.
• Whereas in coming years, the expected average revenue earned per capita is followed by 2025 ($0.65), 2026 ($0.65), 2027 ($0.65), and 2028 ($0.66).

By Key Player’s Share

(Reference: statista.com)

• Logitech Dominance: Holds the largest market share at 39%, leading the global keyboard industry as of June 2023.
• Razer’s Position: Secures the second spot with a 10% share, showcasing its strong presence in the gaming and professional sectors.
• Microsoft’s Share: Captures 8% of the market, reflecting its broad range of consumer and enterprise keyboard products.
• Red Dragon Influence: Claims a 4% share, indicating its growing popularity among budget-conscious gamers.
• Apple’s Niche: Holds a 2% share, signifying its focus on the premium market segment.
• HP’s Stake: Also at 2%, representing its steady hold within both consumer and professional markets.
• Diverse Competition: The remaining 35% is distributed among various other brands, highlighting a competitive landscape with numerous players.

By Sales Channel Statistics

(Reference: statista.com)

• August 2023 Sales Channel Split: Offline sales dominated the global keyboard market with a 63.3% share, while online sales accounted for 36.8%.
• Projected Changes for 2024: Offline sales are expected to decrease to 58.8%, and online sales to rise to 41.2%.
• 2025 Forecast: Offline share is predicted to further decline to 53.7%, with online capturing a larger share at 46.3%.
• 2026 Outlook: The gap narrows with offline sales at 52.2% and online sales increasing to 47.8%.
• 2027 Prediction: Offline and online sales shares are expected to be nearly equal, at 50.3% and 49.7% respectively.

By Volume Share

(Reference: statista.com)

• According to Statista analysis, 2023 Volume Achieved: The keyboard market reached 253 million units, growing by 3.2% from the previous year.
• 2024 Forecast: Expected to increase to 257.2 million units, with a growth rate of 1.7%.
• 2025 Projection: Volume share is anticipated to rise to 261.3 million units, maintaining a growth pace of 1.6%.
• 2026 Outlook: Predicted to expand to 265.5 million units, with a consistent growth rate of 1.6%.
• 2027 Expectation: Volume is forecasted to reach 270.7 million units, accelerating growth to 2%.
• 2028 Prediction: Projected to climb to 275.6 million units, with a growth rate of 1.8%.

By Price Per Unit

(Reference: statista.com)

• By the end of 2023, across the global market of keyboards, the price per unit resulted in $18.18.
• On the other side, in coming years the per unit of keyboards is expected to increase which is followed by 2024 ($18.31), 2025 ($18.43), 2026 ($18.55), 2027 ($18.67), and 2028 ($18.79).

By Country-wise Revenue Comparison

(Reference: statista.com)

• Revenue accounted by keyboards in the top 5 countries are followed by China ($1,143 million), United States ($791 million), Brazil ($239.2 million), Japan ($193.4 million), and India ($158.8 million) by the year 2023.
• As of 2024 highest revenue is expected to be accounted for by China resulting in $1,170 million with an annual growth of 2.07% of CAGR from 2024 to 2028.
• In the United States, the global revenue in the keyboards market is going to reach $790 million.
• Furthermore, the rest top 3 countries predicted revenue shares in 2024 are followed by Brazil ($244.6 million) with a CAGR of 2.14% from 2024 to 2028, Japan ($192.7 million) with a CAGR of -0.44% from 2024 to 2028, and India ($163.1 million) with a CAGR of 2.52% from 2024 to 2028.
• By 2027, expected revenue accounted by keyboards in the top 5 countries are followed by China ($1,248million), the United States ($805 million), Brazil ($260.7 million), Japan ($190.2 million), and India ($176 million).

By Region

(Source: technavio.com)

• In the North American region, the estimated market growth is going to be 39% from 2023 to 2028.
• It is expected that the North American region is going to account for $1.0 billion in revenue by 2024, which will increase by 0.3% from last year.
• In the Asia Pacific region (APAC) the market size of the keyboard industry is supposed to reach $1.9 billion in 2024 with a CAGR of 1.99% (2024 – 2028).
• Furthermore, by 2024 the expected revenue earned by EMEA ($1.5 billion) with a CAGR of 2.40% from 2024 to 2028 and LATAM ($0.6 billion) with a CAGR of 1.71% (2024 – 2028).

By Website Traffic

(Source: similarweb.com)

• As of November 2023, the United States of America had 5.2% of total traffic on dsi-keyboard.com, but it recorded in total website visitors by 20.55%.
• Other countries recorded the following contribution in total traffic is followed by Senegal = 2.05%, Luxembourg = 2.05%, Turkey = 1.88% (+16.11%), Paraguay = 1.86% (+14.31%), and other countries collectively made around 86.96%.

By Demographics

• As per the Zippia report, in the United States keyboard specialist’s statistics by gender are 87.6% (female), and 12.4% (male).
• Keyboard specialist statistics by race are followed by White (58.4%), Hispanic or Latino (16.2%), Black or African American (12.9%), Asian (5.7%), American Indian (0.5%), and unknown (6.3%).

By Shipments

• From Volza’s Global analysis in 2023, it has been observed that the import and export shipment of keyboards around the world is 1.7 Million with 56.4K buyers and 51.3K suppliers.
• The top keyboard importers are India, Vietnam, and the United States with shipments resulting in 293,423 units, 212,301 units, and 121,297 units respectively.
• The top 3 product categories of imported keyboards are HSN Code 84713000, HSN Code 84716040, and HSN Code 84716070.
• The top keyboard exporters with shipment units are followed by China (568,972), Vietnam (101,730), and Germany (92,135).
• The top 3 product categories of exported keyboards are HSN Code 84713000, HSN Code 84716070, and HSN 84716040.
• As of 2023, the top 3 global buyers of keyboard statistics by shipment units are Vietnam (7876), India (7758), and the United States (6871).
• On the other hand, the top 3 global suppliers of keyboard statistics by shipment units are followed by China (16212), the United States (3719), and Vietnam (2791).

Mechanical Keyboard Statistics

• According to the reports of FMI, by 2023 the market valuation of the mechanical keyboard industry has resulted in $1462.3 million and is expected to reach $2,657.1 million by the end of 2033 with a CAGR of 6.2%.
• By 2033, the sales valuation of computer keyboards is going to be $57.3 billion with a CAGR of 2.7% from 2023 to 2033.
• The industry valuation of computer-aided design is expected to reach $20.03 billion by 2033 with a CAGR of 6.4% from 2023 to 2033.
• Based on country-wise insights the expected compound annual growth rate of the mechanical keyboards statistics by countries are followed by the United States (5.6%), Canada (4.3%), India (7.2%), China (6.5%), and United Kingdom (5%) from 2023 to 2033.
• Based on category the expected industry share of wireless keyboards is going to reach at a CAGR of 40% and office segment at a CAGR of 45% from 2023 to 2033.

Wireless Keyboard Statistics

• In the year 2023, the market valuation of wireless keyboards in 2023 resulted in $ 1.45 billion and is expected to reach $2.7 billion.
• The market is estimated to grow at a CAGR of 6.6% from 2023 to 2033.
• Across the global PC accessories market in the North American region, the wireless keyboard segment holds a share of 25.7% and in the European region, the market has accounted for an 18.3% share.
• The market share of wireless keyboards in the United States of America was having a share of 19.9% by the end of 2022.
• On the Other hand, in India, the market is supposed to reach a CAGR of 10.6% followed by China (9.9%) from 2023 to 2033.
• Depending on the category, the highest market share was accounted for by the commercial wireless keyboard with 31.8%.

Conclusion

As of today, after completing the article on Keyboard statistics it can be stated that the market share of keyboards is increasing rapidly as this is an integral part of people’s daily lives and the keyboard is thus known as an essential tool for productivity and communication. Along with technological advancement, the usage of keyboards will become more widespread shortly. This statistics includes a much more effective statistical analysis of the keyboard market that is described elaborately above; hope will help in understanding the topic better.

Source:: Coolest Gadgets

By Barry Elad

Introduction

Travel Backpack Statistics: Who doesn’t love to travel? Well, it is said that the total number of global travelers increased to 990 million after the lockdown. Travel is an ongoing leisure activity, and thus the demand for travel backpacks is constant. Considering the travel bags, durability is the most important factor. Unlike other industries, the traveling industry is booming all over the world.

Along with travel, tags along the travel bag market. The travel bags industry is thus showing a constant increase in demand. Let’s understand the upcoming market studied by Travel Backpack Statistics.

Editor’s Choice

• Market Growth and Impact of COVID-19: The global backpack travel bag market experienced a decline due to the COVID-19 pandemic but has shown resilience with expected growth. The market size was USD 22,900 million in 2021 and is projected to reach USD 29,087.67 million by 2031, with a CAGR of 2.4% during the forecast period. The pandemic led to reduced demand across all regions due to restrictions on travel and tourism, impacting market growth negatively. However, the market is anticipated to recover as the situation improves​.
• Market Segmentation and Trends: The market can be segmented by type into backpacks and rolling backpacks, with backpacks leading the segment. Adults are the primary users, driving the market forward. Technological advancements have led to the creation of smart bags featuring interior lighting, wireless chargers, and real-time tracking tools, catering to the needs of a mobile lifestyle. The rise in recreational activities, such as camping, and the expansion of online and offline retail platforms are significant growth drivers​.
• Material Preference: Nylon is the dominant material in the backpack market due to its durability, waterproof nature, and lightweight properties, making it popular among travelers and trekkers​​.
• Distribution Channels: The offline channel, including hypermarkets/supermarkets and specialty stores, holds the highest market share. However, online sales are growing due to the convenience and the ability to compare prices and products​​​​.
• Demographics of Backpack Users: The typical age range of backpackers is primarily 20-25 years old, though there’s a notable participation from 30-somethings, indicating a broader age appeal. The majority of backpackers are millennials, and there’s a significant rise in solo female travelers, with bookings by women traveling alone increasing by 88% between 2015-2019. Additionally, 75% of young women (16-23 years old) have been on or are planning a backpacking trip, compared to 67% of men in the same age group​.
• Regional Insights: North America holds the largest market share, attributed to high disposable incomes and the presence of major players. The Asia Pacific region is projected to grow rapidly, driven by an increase in tourism and business travel​​​​.
• Accommodation Choices and Preferences: Over 80% of backpackers have stayed in hostels, with 21% also using Airbnb. The preference for hostels is likely due to their affordability and social environment, though many backpackers now opt for a mix of accommodation types, including hotels and staying with family or friends. Price, backpacker recommendations, and location are the top factors influencing accommodation choices​
• Market Trends: There is a growing demand for travel backpacks that support recreational activities such as camping and outdoor sports. The market is also seeing an increase in demand for backpacks with advanced technological features to support the mobile lifestyles of individuals​​.
• Challenges: Counterfeit products pose a significant challenge to market growth, particularly in developing nations where consumers may be more price-sensitive​​.
• Key Players: Major companies in the market include Samsonite, Osprey, VF Corporation, Victorinox, and Traveler’s Choice, among others. These companies focus on innovation, partnerships, and new product launches to stay competitive​​​​.

General Backpack Statistics

• About 58% of young adults, aged 18 to 34, own a backpack. This highlights the popularity of backpacks among the younger generation.
• The global backpack market was worth approximately $17.19 billion in 2021. This indicates a significant global demand for backpacks.
• Expectations are for the backpack market to grow by 5.6% annually from 2021 to 2028. This growth suggests a steady increase in backpack popularity and usage over the coming years.
• A large majority, 72.7%, of backpack owners in the 18-34 age group prefer buying backpacks in physical stores rather than online. This points to a preference for seeing and trying out backpacks before purchase.
• In the U.S., people spend about $1.15 billion every year just on school backpacks, showing the importance of backpacks in educational settings.
• Backpacks accounted for nearly 20% of the total sales in the global outdoor gear market in 2020, indicating their significant role in outdoor activities.
• The U.S. backpack market itself was valued at around $2.7 billion in 2019, underscoring its substantial domestic market.
• On average, a backpack in the U.S. costs about $30, suggesting an accessible price point for most consumers.
• The Asia Pacific region is expected to see the quickest growth in the backpack market, with a 6.0% CAGR from 2021 to 2028, due to increasing demand in these areas.
• Adventure travel backpacks represent about 11% of the backpack market’s total share, highlighting a niche but significant segment.
• The European backpack market is also growing, expected to rise at a 5.5% CAGR from 2021 to 2026.
• 55% of U.S. professionals prefer using a backpack for work, showing backpacks are not just for students but also for working adults.
• The U.S. imported backpacks worth $796 million in 2020, indicating a strong demand for imported backpack designs and brands.
• The travel backpack segment made up over 20% of the global backpack market’s revenue in 2021, showing a robust interest in travel-related backpacks.
• Around 36% of backpack owners aged 55 or older bought their most recent backpack to fit a laptop, indicating the growing need for tech-friendly backpacks.
• The sports backpack category was the largest segment in 2020, valued at $4.1 billion, showing the significant market for sports and active lifestyle backpacks.
• Outdoor backpacks had a 35% share of the global backpack market in 2020, reflecting strong demand for backpacks designed for outdoor use.
• The average school backpack weight for an elementary student ranges from 6 to 8 pounds, pointing towards the need for lightweight and ergonomic designs for children.

Regular Backpack vs Travel Backpack

General Travel Backpack Statistics

• As of 2022, North America captured 41.44% of the market share and became the dominant of all the regions.
• Furthermore, between 2023 and 2029, the Asia-Pacific market is expected to grow at a CAGR of 12%.
• In terms of Travel Backpacks by type, the trolley segment is expected to grow at a CAGR of 7%, between the similar forecasted period.
• Furthermore, Travel Backpack Statistics state that the offline segment was dominating in 2022 resulting in 66.49% of the market share.
• Travel Backpack Statistics by price range state that the previous year i.e. 2022, premium segment was dominant by 40.47%.
• In the Asian region, China will be the fastest-growing market for Travel backpacks in the coming years resulting in a rate of 7.53%.
• The travel bag market is expected to reach $37.5 billion by 2032 growing at a CAGR of 8.3%.

By Type

(Reference: dreambigtravelfarblog.com)

The above charts explain that, in 2022, Hiking or Camping backpacks dominated the entire market resulting in 51.8% tailed by Travel Backpacks resulting in 48.2%.

By Market Value

(Reference: statista.com)

As stated earlier in the Travel Backpack Statistics, the market value is increasing every year. Looking at the above chart, even during the lockdown period, the value did not result in a decrease. In 2023, it reached to $24,027 million.

Things to consider while purchasing a travel backpack

• Brand or manufacturer of backpack
• Budget
• Fabric to consider its longevity and durability
• Lockable zippers
• Comfortable shoulder straps and pads
• The ability to lift the load
• Internal frame
• Anti-theft function
• Water resistance

Conclusion

Collaborating travel and technology is the basis for an increase in demand as well. Let’s say, that attaching anti-theft and lightweight technology including travel backpacks is preferred by the majority of Americans.  Today, there are multiple types of travel bags available in the market, and travelers choose those according to their needs.

As opposed to restrictions during the global lockdown, the number of travelers has been increasing ever since. Thus, meeting up with the needs of the travelers such as the quality of the bags, designs, features, and functionality is required to catch up in the market.

Source:: Coolest Gadgets

By Ioanna Lykiardopoulou

Scientists at CERN are trialling a new type of robot that identify potential radiation leakages in environments challenging to navigate both for humans and other robots employed at the research centre. Called the CERNquadbot, the dog-like robot has successfully completed its radiation protection test at the North Area, the facility’s largest experimental zone. “There are large bundles of loose wires and pipes on the ground that slip and move, making them unpassable for wheeled robots and difficult even for humans,” said Chris McGreavy, robotics engineer at CERN. The team behind it is now developing advanced control algorithms to enable its…

This story continues at The Next Web

Source:: The Next Web

By Thomas Macaulay

A voluptuous aircraft dubbed “The Flying Bum” has joined the fleet of Grands Espaces, a French eco-tourism company. Officially called the Airlander 10, the climate-conscious craft brings the Zeppelin era into the future. Built by the UK’s Hybrid Air Vehicles (HAV), the blimp used helium and electricity to stay aloft. In development since 2007, the Airlander 10 promises lower emissions, fuel burn, noise, and operating costs. HAV bills the vehicle as “the future of zero-carbon aviation.” With a flexible payload space, the aircraft can be configured for various applications, from dining rooms in the sky to surveillance centres. Or, indeed,…

This story continues at The Next Web

Source:: The Next Web