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Somato-Sensory Technology Market Size, Share 2022

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Clara Dsouza
Somato-Sensory Technology Market Size, Share 2022

The global and United States somato-sensory technology market size was USD 20450 million in 2020. The COVID-19 pandemic has created a negative demand shock globally. The market is expected to decline rapidly during the pandemic.

COVID-19 Impact: Silicone Shortage and Shortage of Semiconductor Chipsets to Adversely Affect Market Growth

COVID-19 pandemic has negatively affected various industries worldwide. The demand for silicone semiconductors has surged beyond the supply. Increasing sales for smartphones, laptops, PCs, and other gadgets has surged the demand monumentally. However, because of the restraints on transport and manufacturing, production is lagging. Chipset stocks are selling out faster than expected, which, in turn, is causing a shortage.

https://www.businessresearchinsights.com/market-reports/somato-sensory-technology-market-100032

List of Market Players Profiled

SONY

Nintendo

Microsoft Corporation

IMI

Intel

INDUSTRY DEVELOPMENT

March 2021: A leader in hologram augmented reality (AR) company named WiMi collaborates with China to provide holographic education to approximately 100 million students and children in rural areas.

REPORT COVERAGE

This report provides information regarding the leading segments and the recent trends. It comprehensively discusses the impact of COVID-19 on the global market and the driving and restraining factors. Additionally, it observes the regional developments and the strategies deployed by the major players.

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Clara Dsouza
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