In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Research Nester freshly added a new title on “IOT Enabled Refrigerator Market – Global Demand Analysis & Opportunity Outlook 2027” to its collection of industry research reports. This is an on-going research which will include all the recent information in the overall market. The market study on IOT Enabled Refrigerator Market will include market size and forecast from 2018 to 2027, different market segments, analysis by region, country and a section on key players identified across the value chain in the market.
The IOT Enabled Refrigerator Market business intelligence report will represent the analysis of all the segments with the market data from 2016 to 2027, the information on historical, current market size, Year on Year Growth (%), the information on market share and market forecast by all the segments and by geography, and as well as the compound annual growth rate (CAGR) for all the segments, analysis on competitive landscape and various qualitative and as well as quantitative information related to the market.
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