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The global electronic products market is projected to grow at a CAGR of 12.7% during the forecast period (2023-2030). The increasing use of smart TVs, smart wearables, smartphones, and tablets integrated with AI technology is driving the growth of the electronic products market. The expanding adoption of AI capabilities that transform home appliances and electronic products into smart machines that can control and optimize their own functions is a key factor supporting the growth of the global market. According to the U.S. International Trade Commission (USITC), imports of electrical products from China, Taiwan, Thailand, and South Korea increased in 2021. Among these, the largest increase was in laptops and processors, which saw a rise of $10.6 billion (26.4%). Voice-activated electronic technology has become increasingly popular in recent years, with products such as smart speakers and virtual assistants rapidly gaining user popularity. For example, Simbo.ai announced its flagship product, SimboAlpha, a cloud-based API (Application Programming Interface) platform, in March 2021, enabling healthcare professionals to utilize voice-based electronic medical records (EMR).