三個皮匠報告
政策庫
new
付費
搜索

產業鏈ROI可能會進一步下探-行業數據

產業鏈ROI可能會進一步下探
產業鏈ROI可能會進一步下探
邏輯和此前一致，產業鏈整體下游資本開支增速的增加使得上游收入增加，而于此同時，下游應用發展緩慢，所產出的絕對收益較少。因此，考慮到業界今年相關的資本開支計劃和下游應用發展和商業化相對緩慢的節奏，產業鏈整體ROI的變化可能在2024年后進一步下探。
產業鏈 下載Excel 下載圖片 原圖定位
圖片屬性
圖片格式：PNG 圖片大?。?53KB 圖片尺寸：2303*2238
同報告圖片
 / 67
產業鏈ROI可能會進一步下探_第1頁
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
產業鏈ROI可能會進一步下探_第2頁
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
產業鏈ROI可能會進一步下探_第3頁
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
產業鏈ROI可能會進一步下探_第4頁
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
產業鏈ROI可能會進一步下探_第5頁
fCDml6XmnJ8gICAgICAgfCDnurPmlq/ovr7lhYvmjIfmlbAgfCDmoIfmma41MDDmjIfmlbAgfAp8LS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS18CnwgMTk5NS8wMyAgICB8IDc4MCAgICAgICAgICB8IDUwMCAgICAgICAgIHwKfCAxOTk1LzA2ICAgIHwgODIwICAgICAgICAgIHwgNTEwICAgICAgICAgfAp8IDE5OTUvMDkgICAgfCA4NjAgICAgICAgICAgfCA1MjAgICAgICAgICB8CnwgMTk5NS8xMiAgICB8IDkwMCAgICAgICAgICB8IDUzMCAgICAgICAgIHwKfCAxOTk2LzAzICAgIHwgOTQwICAgICAgICAgIHwgNTQwICAgICAgICAgfAp8IDE5OTYvMDYgICAgfCA5ODAgICAgICAgICAgfCA1NTAgICAgICAgICB8CnwgMTk5Ni8wOSAgICB8IDEwMjAgICAgICAgICB8IDU2MCAgICAgICAgIHwKfCAxOTk2LzEyICAgIHwgMTA2MCAgICAgICAgIHwgNTcwICAgICAgICAgfAp8IDE5OTcvMDMgICAgfCAxMTAwICAgICAgICAgfCA1ODAgICAgICAgICB8CnwgMTk5Ny8wNiAgICB8IDExNDAgICAgICAgICB8IDU5MCAgICAgICAgIHwKfCAxOTk3LzA5ICAgIHwgMTE4MCAgICAgICAgIHwgNjAwICAgICAgICAgfAp8IDE5OTcvMTIgICAgfCAxMjIwICAgICAgICAgfCA2MTAgICAgICAgICB8CnwgMTk5OC8wMyAgICB8IDEyNjAgICAgICAgICB8IDYyMCAgICAgICAgIHwKfCAxOTk4LzA2ICAgIHwgMTMwMCAgICAgICAgIHwgNjMwICAgICAgICAgfAp8IDE5OTgvMDkgICAgfCAxMzQwICAgICAgICAgfCA2NDAgICAgICAgICB8CnwgMTk5OC8xMiAgICB8IDEzODAgICAgICAgICB8IDY1MCAgICAgICAgIHwKfCAxOTk5LzAzICAgIHwgMTQyMCAgICAgICAgIHwgNjYwICAgICAgICAgfAp8IDE5OTkvMDYgICAgfCAxNDYwICAgICAgICAgfCA2NzAgICAgICAgICB8CnwgMTk5OS8wOSAgICB8IDE1MDAgICAgICAgICB8IDY4MCAgICAgICAgIHwKfCAxOTk5LzEyICAgIHwgMTU0MCAgICAgICAgIHwgNjkwICAgICAgICAgfAp8IDIwMDAvMDMgICAgfCAxNTgwICAgICAgICAgfCA3MDAgICAgICAgICB8CnwgMjAwMC8wNiAgICB8IDE2MjAgICAgICAgICB8IDcxMCAgICAgICAgIHwKfCAyMDAwLzA5ICAgIHwgMTY2MCAgICAgICAgIHwgNzIwICAgICAgICAgfAp8IDIwMDAvMTIgICAgfCAxNzAwICAgICAgICAgfCA3MzAgICAgICAgICB8CnwgMjAwMS8wMyAgICB8IDE3NDAgICAgICAgICB8IDc0MCAgICAgICAgIHwKfCAyMDAxLzA2ICAgIHwgMTc4MCAgICAgICAgIHwgNzUwICAgICAgICAgfAp8IDIwMDEvMDkgICAgfCAxODIwICAgICAgICAgfCA3NjAgICAgICAgICB8CnwgMjAwMS8xMiAgICB8IDE4NjAgICAgICAgICB8IDc3MCAgICAgICAgIHwKfCAyMDAyLzAzICAgIHwgMTkwMCAgICAgICAgIHwgNzgwICAgICAgICAgfAp8IDIwMDIvMDYgICAgfCAxOTQwICAgICAgICAgfCA3OTAgICAgICAgICB8CnwgMjAwMi8wOSAgICB8IDE5ODAgICAgICAgICB8IDgwMCAgICAgICAgIHwKfCAyMDAyLzEyICAgIHwgMjAyMCAgICAgICAgIHwgODEwICAgICAgICAgfAp8IDIwMDMvMDMgICAgfCAyMDYwICAgICAgICAgfCA4MjAgICAgICAgICB8CnwgMjAwMy8wNiAgICB8IDIxMDAgICAgICAgICB8IDgzMCAgICAgICAgIHwKfCAyMDAzLzA5ICAgIHwgMjE0MCAgICAgICAgIHwgODQwICAgICAgICAgfAp8IDIwMDMvMTIgICAgfCAyMTgwICAgICAgICAgfCA4NTAgICAgICAgICB8CnwgMjAwNC8wMyAgICB8IDIyMjAgICAgICAgICB8IDg2MCAgICAgICAgIHwKfCAyMDA0LzA2ICAgIHwgMjI2MCAgICAgICAgIHwgODcwICAgICAgICAgfAp8IDIwMDQvMDkgICAgfCAyMzAwICAgICAgICAgfCA4ODAgICAgICAgICB8CgrotYTmlpnmnaXmupDvvJrlhajnkIPkvIHkuJrlrrbljY/kvJrvvIxCbG9vbWJlcmfvvIzlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第6頁
產業鏈ROI可能會進一步下探_第7頁
產業鏈ROI可能會進一步下探_第8頁
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
產業鏈ROI可能會進一步下探_第9頁
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
產業鏈ROI可能會進一步下探_第10頁
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
產業鏈ROI可能會進一步下探_第11頁
fCDlubTku70gfCDorq3nu4MgfCDmjqjnkIYgfAp8IC0tLSB8IC0tLSB8IC0tLSB8CnwgMjAyMiB8IDQxLjYwJSB8IDU4LjQwJSB8CnwgMjAyM0UgfCA1OC43MCUgfCA0MS4zMCUgfAp8IDIwMjRFIHwgMzIuMzAlIHwgNjcuNzAlIHwKfCAyMDI1RSB8IDMxLjIwJSB8IDY4LjgwJSB8CnwgMjAyNkUgfCAyOS41MCUgfCA3MC41MCUgfAp8IDIwMjdFIHwgMjcuNDAlIHwgNzIuNjAlIHwKCui1hOaWmeadpea6kO+8mklEQ++8jOW5v+WPkeivgeWIuOWPkeWxleeglOeptuS4reW/gw==
產業鏈ROI可能會進一步下探_第12頁
產業鏈ROI可能會進一步下探_第13頁
fCDlubTku70gfCDlrrbluq3lupTnlKggfCDnjrDlrp7lrp7pqozlrqQgfAp8LS0tLS0tfC0tLS0tLS0tLS18LS0tLS0tLS0tLS0tfAp8IDIwMTkgfCA5OSUgICAgICB8IDAuNyUgICAgICAgfAp8IDIwMjAgfCA5OSUgICAgICB8IDEuMyUgICAgICAgfAp8IDIwMjEgfCA5OCUgICAgICB8IDEuOSUgICAgICAgfAp8IDIwMjIgfCA5OCUgICAgICB8IDEuOSUgICAgICAgfAp8IDIwMjMgfCA5OSUgICAgICB8IDEuNCUgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaTWV0YSDlubTmiqXjgIHlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第14頁
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
產業鏈ROI可能會進一步下探_第15頁
fCDlubTku70gfCDmiLTlsJTlubTmlLblhaXvvIjljYHkur/nvo7lhYPvvIkgfCDmg6Dmma7lubTmlLblhaXvvIjljYHkur/nvo7lhYPvvIkgfCDmiLTlsJTlubTmlLblhaVZb1kgfCDmg6Dmma7lubTmlLblhaVZb1kgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tfAp8IDE5OTAgfCAwLjEgICAgICAgICAgICAgICAgICAgICAgfCAxMiAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTEgfCAwLjIgICAgICAgICAgICAgICAgICAgICAgfCAxNCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTIgfCAwLjMgICAgICAgICAgICAgICAgICAgICAgfCAxNiAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTMgfCAwLjQgICAgICAgICAgICAgICAgICAgICAgfCAxOCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTQgfCAwLjUgICAgICAgICAgICAgICAgICAgICAgfCAyMCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTUgfCAwLjYgICAgICAgICAgICAgICAgICAgICAgfCAyMiAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTYgfCAwLjcgICAgICAgICAgICAgICAgICAgICAgfCAyNCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTcgfCAwLjggICAgICAgICAgICAgICAgICAgICAgfCAyNiAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTggfCAwLjkgICAgICAgICAgICAgICAgICAgICAgfCAyOCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDE5OTkgfCAxLjAgICAgICAgICAgICAgICAgICAgICAgfCAzMCAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAp8IDIwMDAgfCAxLjEgICAgICAgICAgICAgICAgICAgICAgfCAzMiAgICAgICAgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaQmxvb21iZXJn77yM5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第16頁
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
產業鏈ROI可能會進一步下探_第17頁
產業鏈ROI可能會進一步下探_第18頁
產業鏈ROI可能會進一步下探_第19頁
產業鏈ROI可能會進一步下探_第20頁
產業鏈ROI可能會進一步下探_第21頁
fCDml7bpl7QgICAgICAgfCDlvq7ova/okKXmlLblop7pgJ8gfCDlvq7ova/otYTmnKzlvIDmlK/lop7pgJ8gfCBNZXRh6JCl5pS25aKe6YCfIHwgTWV0Yei1hOacrOW8gOaUr+WinumAnyB8IOiwt+atjOiQpeaUtuWinumAnyB8IOiwt+atjOi1hOacrOW8gOaUr+WinumAnyB8IOS6mumprOmAiuiQpeaUtuWinumAnyB8IOS6mumprOmAiui1hOacrOW8gOaUr+WinumAnyB8IOiLueaenOiQpeaUtuWinumAnyB8IOiLueaenOi1hOacrOW8gOaUr+WinumAnyB8CnwtLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLXwKfCAyMDIx5bm0OeaciCAgIHwgMjAlICAgICAgICAgICAgfCAzMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICB8IDIwJSAgICAgICAgICB8IDMwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfAp8IDIwMjHlubQxMuaciCAgfCAxMCUgICAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8CnwgMjAyMuW5tDPmnIggICB8IDMwJSAgICAgICAgICAgIHwgNDAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgfCAyMCUgICAgICAgICAgfCAzMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwKfCAyMDIy5bm0NuaciCAgIHwgMjAlICAgICAgICAgICAgfCAzMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfAp8IDIwMjLlubQ55pyIICAgfCAxMCUgICAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8CnwgMjAyMuW5tDEy5pyIICB8IDIwJSAgICAgICAgICAgIHwgMzAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwKfCAyMDIz5bm0M+aciCAgIHwgMzAlICAgICAgICAgICAgfCA0MCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICB8IDIwJSAgICAgICAgICB8IDMwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfAp8IDIwMjPlubQ25pyIICAgfCAyMCUgICAgICAgICAgICB8IDMwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8CnwgMjAyM+W5tDnmnIggICB8IDEwJSAgICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwKfCAyMDIz5bm0MTLmnIggIHwgMjAlICAgICAgICAgICAgfCAzMCUgICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICB8IDEwJSAgICAgICAgICB8IDIwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICAgICAgIHwgMTAlICAgICAgICAgIHwgMjAlICAgICAgICAgICAgICAgfAp8IDIwMjTlubQz5pyIICAgfCAzMCUgICAgICAgICAgICB8IDQwJSAgICAgICAgICAgICAgIHwgLSAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgIHwgMjAlICAgICAgICAgIHwgMzAlICAgICAgICAgICAgICAgfCAtICAgICAgICAgICAgICB8IC0gICAgICAgICAgICAgICAgICAgfCAxMCUgICAgICAgICAgfCAyMCUgICAgICAgICAgICAgICB8CgrotYTmlpnmnaXmupDvvJpCbG9vbWJlcmfvvIzlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第22頁
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
產業鏈ROI可能會進一步下探_第23頁
fCDlubTku70gfCDluILlnLrop4TmqKHvvIjkur/lhYPvvIkgfCDlop7pgJ8gfAp8IC0tLSB8IC0tLSB8IC0tLSB8CnwgMjAxOCB8IDQwMCB8IDIwJSB8CnwgMjAxOSB8IDUwMCB8IDE2JSB8CnwgMjAyMCB8IDYwMCB8IDEyJSB8CnwgMjAyMSB8IDcwMCB8IDglIHwKfCAyMDIyRSB8IDgwMCB8IDQlIHwKfCAyMDIzRSB8IDkwMCB8IDAlIHwKfCAyMDI0RSB8IDEwMDAgfCA0JSB8CnwgMjAyNUUgfCAxMTAwIHwgOCUgfAoK6LWE5paZ5p2l5rqQ77yaSURD77yM5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第24頁
fCDlubTku70gfCAxMDBHIHwgMjAwRyB8IDQwMEcgfCA4MDBHIHwKfC0tLS0tLXwtLS0tLS18LS0tLS0tfC0tLS0tLXwtLS0tLS18CnwgMjAyMCB8IDYwJSAgfCAzMCUgIHwgMTAlICB8IDAlICAgfAp8IDIwMjEgfCA1MCUgIHwgMzAlICB8IDIwJSAgfCAwJSAgIHwKfCAyMDIyIHwgNDAlICB8IDMwJSAgfCAyNSUgIHwgNSUgICB8CnwgMjAyM0V8IDMwJSAgfCAzMCUgIHwgMzAlICB8IDEwJSAgfAp8IDIwMjRFfCAyNSUgIHwgMjUlICB8IDM1JSAgfCAxNSUgIHwKCui1hOaWmeadpea6kO+8mklEQ++8jOW5v+WPkeivgeWIuOWPkeWxleeglOeptuS4reW/gw==
產業鏈ROI可能會進一步下探_第25頁
產業鏈ROI可能會進一步下探_第26頁
fCDlubTku70gfCDkupLogZTnvZHnm7jlhbPnmoTpo47pmanmipXotYTmgLvpop3vvIjnmb7kuIfnvo7lhYPvvIkgfCDpo47pmanmipXotYTmgLvpop3vvIjnmb7kuIfnvo7lhYPvvIkgfCDkupLogZTnvZHnm7jlhbPmipXotYTljaDmr5QgfAp8IC0tLSB8IC0tLSB8IC0tLSB8IC0tLSB8CnwgMTk5NSB8IDEwMDAgfCAxMDAwIHwgMTAlIHwKfCAxOTk2IHwgMTUwMCB8IDE1MDAgfCAxMCUgfAp8IDE5OTcgfCAyMDAwIHwgMjAwMCB8IDEwJSB8CnwgMTk5OCB8IDI1MDAgfCAyNTAwIHwgMTAlIHwKfCAxOTk5IHwgMzAwMCB8IDMwMDAgfCAxMCUgfAp8IDIwMDAgfCAzNTAwIHwgMzUwMCB8IDEwJSB8CnwgMjAwMSB8IDQwMDAgfCA0MDAwIHwgMTAlIHwKfCAyMDAyIHwgNDUwMCB8IDQ1MDAgfCAxMCUgfAp8IDIwMDMgfCA1MDAwIHwgNTAwMCB8IDEwJSB8CnwgMjAwNCB8IDU1MDAgfCA1NTAwIHwgMTAlIHwKfCAyMDA1IHwgNjAwMCB8IDYwMDAgfCAxMCUgfAp8IDIwMDYgfCA2NTAwIHwgNjUwMCB8IDEwJSB8CnwgMjAwNyB8IDcwMDAgfCA3MDAwIHwgMTAlIHwKfCAyMDA4IHwgNzUwMCB8IDc1MDAgfCAxMCUgfAp8IDIwMDkgfCA4MDAwIHwgODAwMCB8IDEwJSB8CnwgMjAxMCB8IDg1MDAgfCA4NTAwIHwgMTAlIHwKfCAyMDExIHwgOTAwMCB8IDkwMDAgfCAxMCUgfAp8IDIwMTIgfCA5NTAwIHwgOTUwMCB8IDEwJSB8CnwgMjAxMyB8IDEwMDAwIHwgMTAwMDAgfCAxMCUgfAp8IDIwMTQgfCAxMDUwMCB8IDEwNTAwIHwgMTAlIHwKfCAyMDE1IHwgMTEwMDAgfCAxMTAwMCB8IDEwJSB8CgrotYTmlpnmnaXmupDvvJrlm73pmYXpo47pmanmipXotYTljY/kvJogTlZDQeOAijIwMTQg5bm05bm05bqm5oC757uT44CL77yM5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第27頁
fCDml6XmnJ8gICAgICAgfCDotKLlubQgICAgICAgfCDmr5TkvosgfAp8LS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLXwtLS0tLS18CnwgMjAxNC0wMy0zMSB8IDIwMTXotKLlubQgICB8IDI1JSAgfAp8IDIwMTUtMDMtMzEgfCAyMDE26LSi5bm0ICAgfCA3NSUgIHwKfCAyMDE0LTEyLTMxIHwg5re35ZCI5bm05bqmMjAxNSB8ICAgICAgfAp8IDIwMTUtMTItMzEgfCAgICAgICAgICAgIHwgICAgICB8CgrotYTmlpnmnaXmupDvvJpCbG9vbWJlcmfvvIzlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第28頁
產業鏈ROI可能會進一步下探_第29頁
產業鏈ROI可能會進一步下探_第30頁
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
產業鏈ROI可能會進一步下探_第31頁
產業鏈ROI可能會進一步下探_第32頁
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
產業鏈ROI可能會進一步下探_第33頁
產業鏈ROI可能會進一步下探_第34頁
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
產業鏈ROI可能會進一步下探_第35頁
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
產業鏈ROI可能會進一步下探_第36頁
fCDml7bpl7QgfCBGYWNlYm9va+aciOa0u+i3g+eUqOaIt++8iOeZvuS4h++8iSB8CnwtLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS18CnwgUTEgJzA5IHwgNTAwICAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMiAnMDkgfCA2MDAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEzICcwOSB8IDcwMCAgICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTQgJzA5IHwgODAwICAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMSAnMTAgfCA5MDAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEyICcxMCB8IDEsMDAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTMgJzEwIHwgMSwxMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRNCAnMTAgfCAxLDIwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFExICcxMSB8IDEsMzAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTIgJzExIHwgMSw0MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMyAnMTEgfCAxLDUwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFE0ICcxMSB8IDEsNjAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTEgJzEyIHwgMSw3MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMiAnMTIgfCAxLDgwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEzICcxMiB8IDEsOTAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTQgJzEyIHwgMiwwMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMSAnMTMgfCAyLDEwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEyICcxMyB8IDIsMjAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTMgJzEzIHwgMiwzMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRNCAnMTMgfCAyLDQwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFExICcxNCB8IDIsNTAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTIgJzE0IHwgMiw2MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMyAnMTQgfCAyLDcwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFE0ICcxNCB8IDIsODAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTEgJzE1IHwgMiw5MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMiAnMTUgfCAzLDAwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEzICcxNSB8IDMsMTAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTQgJzE1IHwgMywyMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMSAnMTYgfCAzLDMwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEyICcxNiB8IDMsNDAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTMgJzE2IHwgMyw1MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRNCAnMTYgfCAzLDYwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFExICcxNyB8IDMsNzAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTIgJzE3IHwgMyw4MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMyAnMTcgfCAzLDkwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFE0ICcxNyB8IDQsMDAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTEgJzE4IHwgNCwxMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMiAnMTggfCA0LDIwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEzICcxOCB8IDQsMzAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTQgJzE4IHwgNCw0MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMSAnMTkgfCA0LDUwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEyICcxOSB8IDQsNjAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTMgJzE5IHwgNCw3MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRNCAnMTkgfCA0LDgwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFExICcyMCB8IDQsOTAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTIgJzIwIHwgNSwwMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMyAnMjAgfCA1LDEwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFE0ICcyMCB8IDUsMjAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTEgJzIxIHwgNSwzMDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMiAnMjEgfCA1LDQwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEzICcyMSB8IDUsNTAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTQgJzIxIHwgNSw2MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRMSAnMjIgfCA1LDcwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFEyICcyMiB8IDUsODAwICAgICAgICAgICAgICAgICAgICAgICB8CnwgUTMgJzIyIHwgNSw5MDAgICAgICAgICAgICAgICAgICAgICAgIHwKfCBRNCAnMjIgfCA2LDAwMCAgICAgICAgICAgICAgICAgICAgICAgfAp8IFExICcyMyB8IDYsMTAwICAgICAgICAgICAgICAgICAgICAgICB8CgrotYTmlpnmnaXmupDvvJpTdGF0aXN0Ye+8jOW5v+WPkeivgeWIuOWPkeWxleeglOeptuS4reW/gw==
產業鏈ROI可能會進一步下探_第37頁
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
產業鏈ROI可能會進一步下探_第38頁
產業鏈ROI可能會進一步下探_第39頁
fCDlubTku70gfCDmi6XmnInnlLXohJHnmoTljaDmr5QgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tLS18CnwgMTk4NCB8IDglICAgICAgICAgICAgfAp8IDE5ODkgfCAxNSUgICAgICAgICAgIHwKfCAxOTkzIHwgMjMlICAgICAgICAgICB8CnwgMTk5NyB8IDM3JSAgICAgICAgICAgfAp8IDIwMDAgfCA1MSUgICAgICAgICAgIHwKfCAyMDAxIHwgNTYlICAgICAgICAgICB8CnwgMjAwMyB8IDYyJSAgICAgICAgICAgfAp8IDIwMDcgfCA3MCUgICAgICAgICAgIHwKfCAyMDA5IHwgNzQlICAgICAgICAgICB8CnwgMjAxMCB8IDc3JSAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaU3RhdGlzdGHvvIzlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第40頁
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
產業鏈ROI可能會進一步下探_第41頁
fCDln7rnoYDorr7mlr3nq68gfCDku6PnoIEgfAp8IC0tLSB8IC0tLSB8Cnwg6Iux5Lyf6L6+IHwgTlZEQSBVUyBFcXVpdHkgfAp8IOWNmumAmiB8IEFWR08gVVMgRXF1aXR5IHwKfCDnvo7lm73otoXlqIHljYrlr7zkvZPlhazlj7ggfCBBTUQgVVMgRXF1aXR5IHwKfCDmhafkuo4gfCBIUEUgVVMgRXF1aXR5IHwKfCDoi7HnibnlsJQgfCBJTlRDIFVTIEVxdWl0eSB8Cnwg576O5Zu96LaF5b6u55S16ISR6IKh5Lu95pyJ6ZmQ5YWs5Y+4IHwgU01DIFVTIEVxdWl0eSB8Cnwg5oi05bCUIHwgREVMTCBVUyBFcXVpdHkgfAp8IOaDoOaZriB8IEhQUSBVUyBFcXVpdHkgfAp8IOiBlOaDsyB8IDk5MiBISyBFcXVpdHkgfAp8IOa1qua9ruS/oeaBryB8IDAwMDk3NyBDSCBFcXVpdHkgfAoKfCDova/ku7bnq68gfCDku6PnoIEgfAp8IC0tLSB8IC0tLSB8Cnwg5b6u6L2vIHwgTVNGVCBVUyBFcXVpdHkgfAp8IOiwt+atjCB8IEdPT0dMIFVTIEVxdWl0eSB8Cnwg5Lqa6ams6YCKIHwgQU1aTiBVUyBFcXVpdHkgfAp8IOiLueaenCB8IEFBUEwgVVMgRXF1aXR5IHwKfCBNZXRhIHwgTUVUQSBVUyBFcXVpdHkgfAoK6LWE5paZ5p2l5rqQ77ya5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第42頁
產業鏈ROI可能會進一步下探_第43頁
fCDlubTku70gfCDnjrDlrp7lrp7pqozlrqTmlLblhaXvvIjljYHkur/nvo7lhYPvvIkgfCDnjrDlrp7lrp7pqozlrqRZb1kgfAp8IC0tLSB8IC0tLSB8IC0tLSB8CnwgMjAxOSB8IDAuNSB8IC0gfAp8IDIwMjAgfCAxLjEgfCAtIHwKfCAyMDIxIHwgMi4zIHwgLSB8CnwgMjAyMiB8IDIuMiB8IC0gfAp8IDIwMjMgfCAxLjkgfCAtIHwKCui1hOaWmeadpea6kO+8mk1ldGHlubTmiqXjgIHlub/lj5Hor4HliLjlj5HlsZXnoJTnqbbkuK3lv4M=
產業鏈ROI可能會進一步下探_第44頁
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
產業鏈ROI可能會進一步下探_第45頁
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
產業鏈ROI可能會進一步下探_第46頁
產業鏈ROI可能會進一步下探_第47頁
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
產業鏈ROI可能會進一步下探_第48頁
產業鏈ROI可能會進一步下探_第49頁
fCDlubTku70gfCDnjrDlrp7lrp7pqozlrqTokKXkuJrliKnmtqbvvIjkuo/mjZ/vvIkgfCBZb1kgfAp8IC0tLSB8IC0tLSB8IC0tLSB8CnwgMjAxOSB8IC00LjUgfCAtIHwKfCAyMDIwIHwgLTYuNiB8IDQ3JSB8CnwgMjAyMSB8IC0xMC4yIHwgNTQlIHwKfCAyMDIyIHwgLTEzLjcgfCAzNSUgfAp8IDIwMjMgfCAtMTYuMSB8IDE4JSB8CgrotYTmlpnmnaXmupDvvJpNZXRh5bm05oql77yM5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第50頁
產業鏈ROI可能會進一步下探_第51頁
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
產業鏈ROI可能會進一步下探_第52頁
產業鏈ROI可能會進一步下探_第53頁
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
產業鏈ROI可能會進一步下探_第54頁
fCDml6XmnJ8gICAgICAgfCBHRFDlop7plb/njocgfCDogZTpgqbln7rph5HliKnnjocgfCDlpLHkuJrnjocgfAp8LS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS18LS0tLS0tLS18CnwgMTk5My0wMS0zMSB8IDIuNDAgICAgICAgfCA2LjAwMDAgICAgICAgIHwgNy4wMCAgIHwKfCAxOTk0LTAxLTMxIHwgNC4wMCAgICAgICB8IDUuNTAwMCAgICAgICAgfCA2LjAwICAgfAp8IDE5OTUtMDEtMzEgfCA0LjUwICAgICAgIHwgNS4yNTAwICAgICAgICB8IDUuNTAgICB8CnwgMTk5Ni0wMS0zMSB8IDQuMDAgICAgICAgfCA1LjI1MDAgICAgICAgIHwgNS41MCAgIHwKfCAxOTk3LTAxLTMxIHwgNC41MCAgICAgICB8IDUuMjUwMCAgICAgICAgfCA1LjUwICAgfAp8IDE5OTgtMDEtMzEgfCA0LjUwICAgICAgIHwgNC43NTAwICAgICAgICB8IDQuNTAgICB8CnwgMTk5OS0wMS0zMSB8IDQuMDAgICAgICAgfCA0Ljc1MDAgICAgICAgIHwgNC41MCAgIHwKfCAyMDAwLTAxLTMxIHwgNC41MCAgICAgICB8IDQuNzUwMCAgICAgICAgfCA0LjAwICAgfAp8IDIwMDEtMDEtMzEgfCAxLjAwICAgICAgIHwgNC43NTAwICAgICAgICB8IDQuNTAgICB8CnwgMjAwMi0wMS0zMSB8IDIuMDAgICAgICAgfCAxLjI1MDAgICAgICAgIHwgNS41MCAgIHwKfCAyMDAzLTAxLTMxIHwgMi41MCAgICAgICB8IDEuMDAwMCAgICAgICAgfCA2LjAwICAgfAp8IDIwMDQtMDEtMzEgfCA0LjAwICAgICAgIHwgMi4yNTAwICAgICAgICB8IDUuNTAgICB8CgrotYTmlpnmnaXmupDvvJpXaW5k77yM5bm/5Y+R6K+B5Yi45Y+R5bGV56CU56m25Lit5b+D
產業鏈ROI可能會進一步下探_第55頁
產業鏈ROI可能會進一步下探_第56頁
產業鏈ROI可能會進一步下探_第57頁
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
產業鏈ROI可能會進一步下探_第58頁
產業鏈ROI可能會進一步下探_第59頁
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
產業鏈ROI可能會進一步下探_第60頁
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
產業鏈ROI可能會進一步下探_第61頁
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
產業鏈ROI可能會進一步下探_第62頁
產業鏈ROI可能會進一步下探_第63頁
產業鏈ROI可能會進一步下探_第64頁
產業鏈ROI可能會進一步下探_第65頁
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
產業鏈ROI可能會進一步下探_第66頁
產業鏈ROI可能會進一步下探_第67頁
fCDml7bpl7QgICB8IDEuNU1icHPnmoTkuIvovb3nvZHpgJ/miYDlr7nlupTnmoTmr4/mnIjku7fmoLwgfAp8LS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfAp8IDIwMDDlubQgfCA3OS45Nee+juWFgy/mnIggICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDAz5bm0IHwgNDkuOTXnvo7lhYMv5pyIICAgICAgICAgICAgICAgICAgICAgICB8CnwgMjAwNeW5tCB8IDM5Ljk1576O5YWDL+aciCAgICAgICAgICAgICAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaQVQmVOWumOe9ke+8jOW5v+WPkeivgeWIuOWPkeWxleeglOeptuS4reW/gw==
產業鏈ROI可能會進一步下探_第68頁
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
所屬報告： 計算機行業：以產業鏈ROI的角度如何看新技術發展過程中的兩面性-240722（54頁）.pdf
打包全文圖表

相關數據

最新數據
聯系我們
  • 0731-84720580
  • sgpjbg002
  • 工作日 9:30 - 18:00
關于我們
侵權處理
關于我們

三個皮匠報告專業的行業報告下載站，每日更新，歡迎大家關注！

copyright@2008-2013 長沙景略智創信息技術有限公司版權所有
網站備案/許可證號：湘B2-20190120

客服
商務合作
小程序
服務號
折疊
午夜网日韩中文字幕,日韩Av中文字幕久久,亚洲中文字幕在线一区二区,最新中文字幕在线视频网站