# Multimodal UI Market

> Multimodal UI Market Research Report Information By Component (Hardware, Software and Services), By Technology (Voice Recognition, Text Input, Gesture Recognition, Visual, Others), By End User Vertical (Automotive, Healthcare, Entertainment, IT & Telecommunication, Retail, and Others) By Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast Till 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 17.62%
- **2024:** $ 20.65 Billion
- **2025:** $ 24.29 Billion
- **2035:** $ 123.11 Billion
- **Key Players:** Microsoft (US), Google (US), Apple (US), IBM (US), Amazon (US), Nuance Communications (US), Samsung Electronics (KR), Facebook (US), Alibaba Group (CN)

**Report ID:** MRFR/ICT/10710-HCR · **Pages:** 215 · **Author:** Nirmit Biswas & Aarti Dhapte · **Last Updated:** April 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/multimodal-ui-market-12231

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## Market Summary

## **Multimodal UI Market Overview**

Multimodal UI Market is projected to grow from **USD 24.29 billion** in 2025 to **USD 104.67 billion** by 2034, exhibiting a compound annual growth rate (CAGR) of **17.62%** during the forecast period (2025 - 2034). Additionally, the market size for Multimodal UI Market was valued at USD 20.65 billion in 2024.

Multimodal User Interface (UI) is an advanced way to creating user interactions with digital devices and systems that allows users to engage across several sensory channels at the same time. A multimodal UI allows users to interact in a variety of ways, including visual, aural, gestural, touch, speech, and haptic input, frequently inside the same interface or application. When it comes to dealing with technology, this approach recognizes that people have a wide range of interests and talents.

A multimodal UI, for example, may allow a user to send vocal commands to a virtual assistant while both navigating and receiving visual feedback via touch gestures on a screen. The goal is to create a more intuitive and inclusive user experience that accommodates different user contexts, abilities, and preferences, ultimately improving usability and accessibility across a wide range of devices and use, from smartphones and smart home devices to augmented and virtual reality devices and healthcare equipment.

**FIGURE 1: MULTIMODAL UI MARKET SIZE 2025-2034 (USD BILLION)**

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

### **Global Multimodal UI Market Trends**

#### **Increasing demand in human centered design**

Human-centered design is a creative approach to issue resolution that begins with a thorough grasp of the end-users' wants and contexts. It encourages the development of products that are in line with human qualities, requirements, and interests. Human-centered design, when applied to multimodal UI, can assure the development of interfaces that are not only functional but also intuitive, accessible, and enjoyable to use. Designers can approach multimodal UI creation using human-centered design by addressing the various ways people engage with technology. For example, one person may prefer voice commands for hands-free control, but another may prefer touch interactions for precision.

Designers can create more diverse and inclusive interfaces by considering these distinct preferences and limits. User research, persona development, and usability testing, all key aspects of the human-centered design process, can be utilized to better understand user demands, validate design decisions, and iteratively optimize the multimodal UI.

### **Global Multimodal UI Market Segment Insights**

#### **Global Multimodal UI Component Insight**

The global Multimodal UI market, in this report, has been segmented based on Component into hardware, software and services.

The segment- software holds the largest share of the total market share while. The increasing demand for multimodal UI solutions in areas such as automotive, healthcare, and retail is driving the growth of this segment. The software category includes [speech recognition](../../../reports/speech-recognition-market-1815) software, [natural language processing](../../../reports/natural-language-processing-market-1288) software, gesture recognition software, and other multimodal interaction technologies. These software solutions let users to interface with gadgets using a variety of modalities, including speech, gesture, and touch.

#### **Global Multimodal UI Technology Insights**

The global Multimodal UI market, in this report, has been segmented on the basis of Technology into voice recognition, text input, gesture recognition, visual, and others.

Voice recognition holds the largest share of the total share. Voice-activated gadgets provide customers with greater convenience and a more natural way to interact with technology. Speaking to a gadget feels natural and involves little effort, making it appealing to a wide spectrum of users, even people who are not tech-savvy. For people with disabilities, voice recognition is a game changer. Voice-activated gadgets are more inclusive and empowering for those with mobility challenges, vision impairments, or disorders that affect dexterity. It gives individuals the ability to control and engage with technology on their own.

Natural language processing and machine learning advancements have greatly increased the accuracy and reliability of speech recognition systems. These technologies are capable of better understanding and interpreting a wide range of accents, dialects, and languages, making voice interaction more reliable. Voice-activated gadgets have permeated many facets of daily living, from controlling smart home devices to doing web searches and organizing appointments. Voice technology's adaptability helps to its widespread use.

#### **Global Multimodal UI End User Vertical Insight**

The global Multimodal UI market, in this report, has been segmented based on End User into automotive, healthcare, entertainment, IT & telecommunication, retail, and others.

The automotive segment holds the largest share of the total market share while. The increasing demand for advanced driver assistance systems (ADAS) and entertainment systems in automobiles is driving the expansion of this segment. In ADAS systems, multimodal UI solutions are employed to allow drivers to interface with the car via speech, gesture, and touch. These solutions also contribute to increased driving safety and convenience. Multimodal UI solutions are used in infotainment systems to allow passengers to engage with the system via speech, gesture, and touch. These ideas contribute to increased passenger pleasure and convenience.

Multimodal UI solutions are critical in ADAS systems for improving driving safety and convenience. These technologies reduce distractions and cognitive burden by allowing drivers to interface with their vehicles using speech, gesture, and touch, allowing drivers to keep their focus on the road. Drivers, for example, can use voice commands to manage navigation, modify climate settings, or make phone calls without taking their hands off the wheel or looking away from the road. Gesture controls can be utilized to perform things such as changing radio stations or answering phone calls, which improves the overall driving experience.

#### **Global Multimodal UI Regional Insights**

Based on Region, the global Multimodal UI is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Further, the major countries studied in the market report are the U.S., Canada, Germany, UK, Italy, Spain, China, Japan, India, Australia, UAE, and Brazil.

The North America Multimodal UI market is a growing region. North America has a strong technology infrastructure, including high-speed internet access and extensive smartphone use. This makes it easier to integrate multimodal user interface solutions, which frequently rely on data transfer and processing, as well as mobile device compatibility. Additionally, customers have demonstrated a significant preference for ease and user-friendly interfaces. Multimodal user interfaces, with their natural and intuitive interaction modes such as voice recognition and touch, are well suited to these preferences.

Smart speakers, cellphones, and in-car infotainment systems have all acquired great acceptability among North American customers because to multimodal UI. The regulatory environment in the region has been generally favorable of technology innovation, particularly multimodal UI. To assure the safety and accessibility of these technologies, standards and regulations have been created, providing businesses and consumers confidence in their use. The versatility of multimodal UI extends across multiple industries, from healthcare and automobile to entertainment and smart home gadgets. North American corporations have applied these technology across industries, expanding their market reach.

The Asia Pacific Multimodal UI market is having highest growth rate for global Multimodal UI industry, focused on Wearable technologies such as smartwatches and fitness trackers are becoming increasingly popular throughout Asia Pacific. These gadgets frequently employ multimodal user interfaces that allow users to interact with them via voice, gesture, and touch. Smart home products are also growing more popular in the region, and many of these gadgets feature multimodal user interfaces. In Asia Pacific, the gaming and virtual reality sectors are also expanding rapidly.

These industries are pushing the demand for multimodal user interfaces capable of providing immersive and engaging experiences. Asia Pacific governments are rapidly enacting legislation requiring firms to employ multimodal UIs to improve the safety and security of their products and services. For example, the Indian government has ordered that all new cars sold in the country include ADAS systems with multimodal user interfaces.

**FIGURE 3: GLOBAL MULTIMODAL UI MARKET SIZE BY REGION 2022 VS 2032, (USD BILLION)**

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

### **Global Multimodal UI Market- Key Market Players and Competitive Insights**

The Multimodal UI market is a highly competitive industry, as numerous companies offer highly sophisticated service and offering across the globe. The market is characterized by the presence of established and large Multimodal UI companies, as well as many smaller and emerging players. These companies are focused on developing innovative technologies and processes to improve efficiency, reduce costs, and enhance the quality of multimodal user interface. They also prioritize meeting the increasingly stringent environmental and safety regulations that govern the user interface industry.

The competition in the Multimodal UI market is driven by various factors, including pricing, quality, delivery time, and the ability to offer customized solutions to customers. Moreover, partnerships and collaborations with other players in the industry, such as OEMs and suppliers, are crucial for companies to remain competitive in the market. Mergers and acquisitions are also common in the Multimodal UI market, as companies seek to expand their reach and capabilities. Additionally, companies are investing heavily in research and development to develop new offerings and technologies that can improve the performance, durability, and safety of stamped metal parts and components.

#### **Global Multimodal UI Market- Key Companies Include**

### **Global Multimodal UI Market- Industry developments**

March 2023 Microsoft introduced Kosmos-1 which is a multimodal large language model that can perceive general modalities, follow instructions, and perform in-context learning. The objective is to enable LLMs to see and speak by coordinating perception with those models. To be more precise, they train the KOSMOS-1 model using METALM.

### **Global Multimodal UI Market- Market Segmentation**

#### **Global Multimodal UI Market- Component Outlook**

#### **Global Multimodal UI Market- Technology Outlook**

#### **Global Multimodal UI Market- End Use Vertical Outlook**

#### **Global Multimodal UI Market- Regional Outlook**

## Market Drivers

### Expansion of IoT Devices

The expansion of Internet of Things (IoT) devices is a transformative driver in the Multimodal UI Market. As the number of connected devices continues to rise, the need for intuitive interfaces that can manage multiple input methods becomes increasingly critical. Current estimates suggest that there will be over 75 billion IoT devices by 2025, creating a vast ecosystem for multimodal interactions. This proliferation necessitates the development of user interfaces that can seamlessly integrate various modalities, such as voice, touch, and visual feedback, to enhance user experience. Moreover, as smart homes and connected environments become more prevalent, the demand for cohesive and user-friendly multimodal systems is likely to grow. This trend not only facilitates easier control of devices but also promotes greater accessibility for users of all ages and abilities, positioning the expansion of IoT devices as a key factor in the Multimodal UI Market.

### Integration of Voice Recognition

The integration of voice recognition technology is a pivotal driver in the Multimodal UI Market. As consumers increasingly seek hands-free interaction, the demand for voice-enabled interfaces has surged. According to recent data, the voice recognition segment is projected to grow at a compound annual growth rate of over 20% in the coming years. This growth is largely attributed to advancements in natural language processing and machine learning, which enhance the accuracy and responsiveness of voice commands. Consequently, businesses are investing in multimodal systems that seamlessly incorporate voice alongside other input methods, such as touch and gesture. This trend not only improves user experience but also broadens the accessibility of applications, making them more inclusive for diverse user groups. Thus, the integration of voice recognition is likely to remain a cornerstone of innovation within the Multimodal UI Market.

### Advancements in Gesture Recognition

Advancements in [gesture recognition](https://www.marketresearchfuture.com/reports/gesture-recognition-market-5244) technology are significantly influencing the Multimodal UI Market. The ability to interpret user gestures, such as swipes, pinches, and nods, allows for a more intuitive interaction with devices. Recent studies indicate that the gesture recognition market is expected to reach a valuation of several billion dollars by 2026, driven by its applications in gaming, [virtual reality](https://www.marketresearchfuture.com/reports/virtual-reality-market-916), and smart home devices. This technology enhances user engagement by providing a more immersive experience, which is particularly appealing in sectors like entertainment and education. Furthermore, as devices become more sophisticated, the demand for seamless integration of gesture controls with other modalities, such as voice and touch, is likely to increase. This convergence of technologies not only enriches user interaction but also positions gesture recognition as a vital component of the evolving Multimodal UI Market.

### Increased Focus on Security and Privacy

Increased focus on security and privacy is emerging as a significant driver in the Multimodal UI Market. As users become more aware of data breaches and privacy concerns, there is a growing demand for interfaces that prioritize secure interactions. Recent surveys indicate that nearly 70% of consumers are more likely to engage with applications that demonstrate robust security measures. This trend is prompting developers to integrate advanced authentication methods, such as biometric recognition and multi-factor authentication, into multimodal systems. By ensuring that user data is protected across various input modalities, companies can build trust and enhance user confidence. Furthermore, regulatory frameworks are evolving to address these concerns, compelling businesses to adopt compliant practices. Thus, the emphasis on security and privacy is likely to shape the future development of the Multimodal UI Market.

### Growing Demand for Personalized User Experiences

The growing demand for personalized user experiences is a crucial driver in the Multimodal UI Market. As consumers become more accustomed to tailored content and services, businesses are compelled to adopt multimodal interfaces that can adapt to individual preferences. Data suggests that companies leveraging personalized experiences can see customer engagement rates increase by up to 50%. This trend is particularly evident in sectors such as e-commerce and digital media, where user satisfaction directly correlates with retention and conversion rates. By utilizing data analytics and machine learning, organizations can create interfaces that respond to user behavior across various modalities, including visual, auditory, and tactile inputs. This shift towards personalization not only enhances user satisfaction but also fosters brand loyalty, making it a key focus area for stakeholders in the Multimodal UI Market.

## Future Outlook

The Multimodal UI Market is projected to grow at 17.62% CAGR from 2025 to 2035, driven by advancements in AI, increased user engagement, and the demand for seamless interactions.

**New opportunities:**

- Integration of AI-driven voice recognition systems in consumer electronics. Development of cross-platform multimodal applications for enhanced user experience. Expansion of multimodal interfaces in automotive navigation systems.

By 2035, the Multimodal UI Market is expected to be robust, reflecting substantial growth and innovation.

## Segment Insights

### By Component: Software (Largest) vs. Hardware (Fastest-Growing)

In the Multimodal UI Market, the Component segment is primarily divided into Software, Hardware, and Services. Among these, Software holds the largest market share, driven by its essential role in enabling seamless interactions across various user interfaces. Meanwhile, Hardware is emerging as the fastest-growing segment, reflecting the increasing demand for advanced and integrated technological solutions in user experience design. The growth of the Software segment is attributed to the rapid evolution of user interface technologies along with the rising adoption of AI and [machine learning](https://www.marketresearchfuture.com/reports/machine-learning-market-2494). Conversely, the Hardware segment is gaining traction due to the proliferation of IoT devices and smart technologies, which require robust hardware capabilities to support enhanced multimodal interactions.

Services: Integration (Dominant) vs. Customization (Emerging)

In the Multimodal UI Market, the Services component plays a crucial role in ensuring usability and functionality. Integration services are currently dominant, as companies seek to combine various technological elements into cohesive systems to enhance user experience. This dominant position is bolstered by the growing complexity of multimodal systems that require seamless connectivity across different platforms. On the other hand, customization services are emerging rapidly as businesses are increasingly looking to personalize user interfaces to meet specific user needs and preferences. These tailored solutions allow firms to stand out in a competitive market, catering to unique user experiences while also promoting client retention and satisfaction.

### By Technology: Voice Recognition (Largest) vs. Gesture Recognition (Fastest-Growing)

The Multimodal UI Market exhibits a varied distribution of market share among its technology segment values. Voice Recognition currently stands as the largest contributor, driven by the growing adoption of voice-activated devices and applications across various sectors. This technology is increasingly integrated into smart home systems, smartphones, and customer service solutions, promoting its widespread usage. On the other hand, Gesture Recognition is recognized as the fastest-growing segment within the Multimodal UI Market. The rise in consumer electronics, especially in the context of virtual reality and gaming applications, is propelling this technology forward. As users seek more immersive experiences, the demand for intuitive interfaces, like gesture-based controls, continues to surge, highlighting its potential for future growth.

Technology: Voice Recognition (Dominant) vs. Gesture Recognition (Emerging)

Voice Recognition technology dominates the Multimodal UI Market due to its extensive application across various devices, including smartphones and smart speakers. Its flexibility in understanding different accents and languages enhances user experience, making it a preferred choice for consumers and businesses alike. Contrastingly, Gesture Recognition is emerging rapidly, thanks to advancements in camera technology and machine learning. This segment is particularly appealing in sectors such as gaming and virtual reality, where users demand seamless interaction with devices. The ability to detect hand movements and gestures creates a tactile experience, attracting users seeking innovative interface solutions, thus positioning Gesture Recognition as a key player in the evolving market.

### By End Use Vertical: Healthcare (Largest) vs. Automotive (Fastest-Growing)

In the Multimodal UI Market, the distribution of market share among various end use verticals indicates that Healthcare stands out as the largest segment, reflecting its critical role in facilitating efficient and intuitive user interfaces for medical devices and patient management systems. Following closely is the Automotive sector, which, driven by advancements in smart vehicle technology and user experience demands, is quickly gaining traction and expanding its share within the market.

Healthcare: Dominant vs. Automotive: Emerging

The Healthcare sector persists as a dominant force in the Multimodal UI Market, leveraging innovative technologies to enhance patient interaction and streamline healthcare processes. Its interfaces are designed to provide intuitive navigation, ensuring that medical staff can efficiently access and record information. Meanwhile, the Automotive segment is recognized as an emerging player, propelled by the shift towards smarter vehicles equipped with advanced infotainment systems and driver assistance technologies. This sector's growth is fueled by consumer demand for enhanced safety features and seamless connectivity, pushing manufacturers to adopt sophisticated multimodal interfaces that cater to the evolving needs of drivers and passengers.

## Regional Market Share Analysis

### North America : Innovation and Technology Hub

North America is the largest market for Multimodal UI Market, holding approximately 45% of the global share. The region's growth is driven by rapid technological advancements, increasing demand for user-friendly interfaces, and supportive regulatory frameworks. The presence of major tech companies and a strong focus on research and development further catalyze market expansion. Additionally, the rise in AI and machine learning applications is significantly boosting demand for multimodal solutions. The United States is the leading country in this region, with significant contributions from companies like Microsoft, Google, and Apple. The competitive landscape is characterized by continuous innovation and strategic partnerships among key players. Canada also plays a vital role, with a growing emphasis on integrating multimodal interfaces in various sectors, including healthcare and education. This dynamic environment fosters a robust ecosystem for multimodal UI technologies.

### Europe : Emerging Market with Potential

Europe is witnessing a significant rise in the adoption of Multimodal UI Market technologies, holding around 30% of the global market share. The growth is fueled by increasing digitalization across various sectors, regulatory support for innovation, and a strong emphasis on user experience. Countries like Germany and the UK are at the forefront, driving demand through investments in smart technologies and AI integration. The European Union's initiatives to promote digital transformation further enhance market prospects. Germany leads the European market, followed closely by the UK and France. The competitive landscape is marked by a mix of established players and innovative startups, fostering a vibrant ecosystem. Key companies such as IBM and Samsung Electronics are actively involved in developing advanced multimodal solutions. The region's focus on privacy and data protection also shapes the development of user interfaces, ensuring compliance with stringent regulations.

### Asia-Pacific : Rapid Growth and Adoption

Asia-Pacific is emerging as a powerhouse in the Multimodal UI Market, accounting for approximately 20% of the global share. The region's growth is driven by increasing smartphone penetration, rising internet usage, and a growing demand for advanced user interfaces in various applications. Countries like China and India are leading this trend, supported by favorable government policies and investments in technology infrastructure. The rapid urbanization and tech-savvy population further accelerate market growth. China is the largest market in the region, with significant contributions from companies like Alibaba and Samsung. India is also witnessing rapid adoption, particularly in sectors like e-commerce and education. The competitive landscape is characterized by a mix of local and international players, fostering innovation and collaboration. The presence of major tech firms and a focus on enhancing user experience are key factors driving the market forward.

### Middle East and Africa : Emerging Market with Challenges

The Middle East and Africa region is gradually adopting Multimodal UI Market technologies, holding about 5% of the global market share. The growth is primarily driven by increasing smartphone usage, digital transformation initiatives, and a rising demand for enhanced user experiences. However, challenges such as infrastructure limitations and varying regulatory environments can hinder rapid growth. Countries like South Africa and the UAE are leading the way, focusing on technology adoption in various sectors. South Africa is the largest market in this region, with a growing emphasis on integrating multimodal interfaces in sectors like finance and education. The UAE is also making strides, supported by government initiatives to promote digital innovation. The competitive landscape is evolving, with both local startups and international players vying for market share. The region's unique challenges present opportunities for innovative solutions tailored to local needs.

## Competitive Benchmarking

The Multimodal UI Market is a highly competitive industry, as numerous companies offer highly sophisticated service and offering across the globe. The market is characterized by the presence of established and large Multimodal UI Market companies, as well as many smaller and emerging players. These companies are focused on developing innovative technologies and processes to improve efficiency, reduce costs, and enhance the quality of multimodal user interface. They also prioritize meeting the increasingly stringent environmental and safety regulations that govern the user interface industry. The competition in the Multimodal UI Market is driven by various factors, including pricing, quality, delivery time, and the ability to offer customized solutions to customers. Moreover, partnerships and collaborations with other players in the industry, such as OEMs and suppliers, are crucial for companies to remain competitive in the market. Mergers and acquisitions are also common in the Multimodal UI Market, as companies seek to expand their reach and capabilities. Additionally, companies are investing heavily in research and development to develop new offerings and technologies that can improve the performance, durability, and safety of stamped metal parts and components.

## Recent News & Developments

March 2023 Microsoft introduced Kosmos-1 which is a multimodal large language model that can perceive general modalities, follow instructions, and perform in-context learning. The objective is to enable LLMs to see and speak by coordinating perception with those models. To be more precise, they train the KOSMOS-1 model using METALM.

## Report Scope

| MARKET SIZE 2024 | 20.65(USD Billion) |
| --- | --- |
| MARKET SIZE 2025 | 24.29(USD Billion) |
| MARKET SIZE 2035 | 123.11(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 17.62% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Microsoft (US), Google (US), Apple (US), IBM (US), Amazon (US), Nuance Communications (US), Samsung Electronics (KR), Facebook (US), Alibaba Group (CN) |
| Segments Covered | Component, Technology, End User Vertical, Region |
| Key Market Opportunities | Integration of artificial intelligence enhances user experience in the Multimodal UI Market. |
| Key Market Dynamics | Rising demand for seamless user experiences drives innovation in Multimodal User Interface technologies and applications. |
| Countries Covered | North America, Europe, APAC, South America, MEA |

## Frequently Asked Questions

**Q: What is the current valuation of the Multimodal UI Market as of 2024?**
A: The Multimodal UI Market was valued at 20.65 USD Billion in 2024.

**Q: What is the projected market size for the Multimodal UI Market in 2035?**
A: The market is projected to reach 123.11 USD Billion by 2035.

**Q: What is the expected CAGR for the Multimodal UI Market during the forecast period 2025 - 2035?**
A: The expected CAGR for the Multimodal UI Market during 2025 - 2035 is 17.62%.

**Q: Which companies are considered key players in the Multimodal UI Market?**
A: Key players include Microsoft, Google, Apple, IBM, Amazon, Nuance Communications, Samsung Electronics, Facebook, and Alibaba Group.

**Q: What are the main components of the Multimodal UI Market?**
A: The main components are Hardware, Software, and Services, with valuations ranging from 5.0 to 60.0 USD Billion.

**Q: Which technology segments are driving the Multimodal UI Market?**
A: Driving technology segments include Voice Recognition, Text Input, Gesture Recognition, and Visual, with valuations from 2.5 to 30.0 USD Billion.

**Q: What end-use verticals are contributing to the Multimodal UI Market?**
A: Contributing end-use verticals include Automotive, Healthcare, Entertainment, IT & Telecommunication, and Retail, with valuations from 2.15 to 30.0 USD Billion.

**Q: How does the market valuation of Software compare to Hardware in the Multimodal UI Market?**
A: In the Multimodal UI Market, Software is projected to reach 60.0 USD Billion, significantly higher than Hardware's 30.0 USD Billion.

**Q: What is the potential growth of the Voice Recognition segment in the Multimodal UI Market?**
A: The Voice Recognition segment is expected to grow from 4.5 to 27.5 USD Billion during the forecast period.

**Q: How does the Multimodal UI Market's growth compare to other technology markets?**
A: The Multimodal UI Market's growth, with a projected CAGR of 17.62%, suggests a robust expansion compared to many other technology markets.


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