According to industry analysis, the global Passive Electronic Components market was valued at USD 47.21 billion in 2024 and is projected to reach USD 72.13 billion by 2032 , growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period (2025–2032). This growth is driven by accelerating demand across consumer electronics, automotive electrification, and 5G...

According to a new market intelligence report from Intel Market Research , the global smart speakers market was valued at USD 17.59 billion in 2024 and is projected to reach USD 36.48 billion by 2032 , growing at an impressive CAGR of 11.2% during the forecast period (2025–2032). This expansion is driven by accelerating smart home adoption, AI-powered voice assistant innovations, and...