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The Research Report is Updated with 2020 Base Year, 2021 Estimated year and Forecast till 2030 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2020 as base year, 2021 as estimated year and forecast to 2030. This will have market drivers, recovery rate in the market, insights and competitive analysis.
The Europe Sound Sensor market is observing a period of steady growth, with European Union (EU) Information and Communication Technology (ICT) sector contributing a total value of USD 644.75 billion as of 2015. There are significant changes which have been caused to the methods of production and patterns of employment in ICTs within the European Union (EU). According to International Telecommunication Union (ITU), Europe had the highest internet usage rates with about 82.5 percent of individuals in Europe using the internet as of 2019. The internet penetration rate among the male population stood at 84.9 percent, while internet penetration stood at around 80.3 percent for the female population during the same period. Additionally, about 86.5 percent of the households in Europe have access to the internet and about 78 percent of European households own a computer as of 2019. We provide a comprehensive analysis of the scope of the market, including the yearly growth of the Europe Sound Sensor market by revenues, market segments and gain indicators that are driving the growth of the market. Our report also points out the dominant market trends and opportunities that are available, including market restraints that may impact the growth of the market. The Europe Sound Sensor market is anticipated to register significant absolute $ opportunity value in 2027 as compared to the value attained in 2019.
About 99.1 percent of the population in Europe are having mobile coverage as of 2019. Further, more than 95 percent of the population in Europe are covered by a 3G or higher network. The international bandwidth usage per internet user was 211 kilobit per second in Europe which was the highest bandwidth usage during the year. The population holding fixed telephone subscriptions stood at 33.6 per 100 inhabitants in Europe as of 2019. The number of mobile-cellular telephone subscriptions in Europe stood at 118.4 per 100 inhabitants during the same year. Moreover, the population covered by a mobile-cellular network in Europe was 99.7 per 100 inhabitants. Additionally, the population covered by a 3G mobile network was 99.1 per 100 inhabitants.
The number of ICT specialists in the European Union had grown by 39.1 percent in 2018, which is about 6 times higher as the increase for total employment. While men forming 83.5 percent were employed as ICT specialists as compared to 16.5 percent of women employed. Moreover, about 63.1 percent of the ICT specialists comprising more than 2/3rds of ICT specialists in the European Union had a tertiary level of education.
In 2018, about 3.9 percent of the total workforce in the EU were ICT specialists as of 2018. The highest relative share of total workforce who were employed as ICT specialists was in Finland. The number of persons employed as ICT specialists were 182,000 persons representing 7.2% of the total employment. Falling behind Finland, about 346000 ICT specialists representing 6.8 percent of total employment were employed. As of 2018, United Kingdom (UK), Netherlands, Luxembourg and Estonia represented a higher share of workforce employed as ICT specialists. There was a growth of about 41.3% in the number of persons employed as ICT specialists during the period 2008-2018, which was about 12 times as high as the corresponding increase (3.4%) for total employment.
Human capital is a driver of digital and digital enabled innovations in ICT sector and is expected to be vital for the competition with other modern-day economies. In comparison to 2017, the year 2018 had witnessed a growth in employment for ICT specialists by 5.8%. The majority of persons employed as ICT specialists in Europe are men, who accounted for 83.5% of the share of ICT employment. The EU member states such as Italy (76.5%), Sweden (69.4%), Hungary (68.4%) and Finland (68.1%) had recorded the highest share of ICT specialists who were aged 35 years and over as of 2018.
The Europe Sound Sensor market contains risk analysis that covers demand and supply risks that may affect the growth of the market, including providing various advanced insights and strategies by adopting a 360° approach, with a view to contact potential customers. Moreover, regression and correlation analysis that displays relationship between independent and dependent variables also form part of the report.
A 57% increase in mobile data subscriptions was witnessed since 2013 and has reached 90 subscriptions for every 100 individuals in the European Union (EU). About 91% of the EU population are covered by 4G as compared to 84% of the population covered during the previous year. Almost half of Europeans (46%) use the internet for calling, which is a 20% increase from the previous year and a 40% increase as compared to 2013. About 81% of the Europeans go online at least once every week according to a set of indicators. More public services are being accessed online by the European population with 58% of internet users submitting forms to their public administration through online channel which is higher as compared to 52% of internet users in the year 2013. About 18% of the population are using online health services.
The report includes a section on European region which is further segmented on a country/regional level including Germany, U.K., France, Italy, Spain, BENELUX, Netherlands, NORDIC, Poland, Hungary, Russia, Turkey, and Rest of Europe.
A complete section on competitive landscape provides an understanding of the companies in current strategic report based upon various parameters which includes overview of the company, business strategy, major product offerings, key performance indicators, risk analysis, recent development, regional presence and SWOT analysis. There is a separate section which has been provided on the market share of key players in this market, as well as the competitive positioning of the players.
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