Wireless charging Market 2023 Top Players Qualcomm, Integrated Device Technology, PowerbyProxi, Samsung, Broadcom, WiTricity Corporation

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Sep 04, 2020 (PRNews Times via COMTEX) —
The global wireless charging market is segmented on the basis of components, applications, and technology. Wireless charging technology is increasingly finding popularity among consumers. High demand for smartphones is one of the major driving factors for this market. Other than smartphones, wireless computing devices are also driving the demand for wireless charging. With the increased adoption of wireless charging technology, newer challenges have been introduced in the market. Lower efficiency when compared with wired chargers, compatibility issues, different technologies, the absence of firm market standards, additional costs related to technology and continual technological changes are some of the major challenges that are profoundly pulling back the wireless charging market.

The report also includes a thorough overview of the competitive landscape and regulatory framework of the Global Wireless charging Market

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