According to a new technical market research report, Global Electronics: High Growth Products and New Markets- IFT063 from BCC Research, the world market for electronic products was worth some $1.8 trillion in 2006, a figure that is expected to increase to $2.0 trillion in 2007 and $3.2 trillion in 2012, a compound annual growth rate (CAGR) of 9.5% over the next 5 years.