Press release
Desktop Calculator Market Gain Impetus due to the Growing Demand over 2025
A desktop calculator being a device can perform arithmetic or other mathematical calculations. Earlier, Desktop calculators are used to perform only the basic operation such as addition, subtraction, multiplication and division. But now, the desktop calculators can be used to perform many of the common scientific calculations such as calculation of powers, square roots, and logarithms and even used to solve financial problems such as statistics, investment analysis, personal finance, savings and others.
Global Desktop Calculator Market: Drivers and Restraints
Drivers
The digitalization in technology is the primary factor which is driving the growth of Desktop calculator market. Also, different calculators are used in different sectors such as small and large retail sector, banking and financial institutions, hospitals, accounting firms and others. All these factors are creating immense growth opportunities for global Desktop calculator market.
Moreover, to reduce the complexity of solving problems and capacity to run on solar energy are the factors which are fueling the growth of Desktop Calculator market.
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Restraints
The increasing use of calculators in mobile phones, special designed watches and computers, which are providing more variety of non-computational task than a basic calculator is one of the factor that is hindering the growth of Desktop Calculator market.
Global Desktop Calculator Market: Segmentation
Segmentation of Desktop Calculator on the basis of type:
Basic functional Calculator
Scientific Calculator
Financial Calculator
Graphical Calculator
Others
Segmentation of Desktop Calculator on the basis of end user:
Household
Retail
Consumers
Others
Global Desktop Calculator Market: Competition Landscape
Key Development
In February 2017, Canon USA Inc. launched new series of Business and tax calculators in order to enhance product offerings and improve overall customer experience.
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Key Players
The prominent players in Global Desktop Calculators are: Lyreco, Casio Computer Co. Ltd., Texas Instruments, Canon USA Inc., Citizen Systems, Sunway Electronics Company, Ultmost Technology group, Hewlett Packard Development Company, Orpat Group, Flair Calculators, Liquidware Labs, Inc., Sharp Electronics Corporation, Claro Calculators, Desmos and others.
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