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Consumer Electronics Market: Breakthroughs That Will Shape the Future

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Global Consumer Electronics Industry

In the world consumer electronics market, the 3D TV will be the fastest-growing segment, with TV makers adding a 3D feature to their high-definition flat screen products more systematically.

Consumer Electronics Key Market Categories

The global consumer electronics industry involves the manufacture, distribution and sale of communications and entertainment devices such as digital and video cameras, telephones, stereos MP3 players, DVDs, VCRs, calculators and televisions. A great deal of manufacturing takes place in regions were labor costs are relatively low such as Asia. Company profiles are varied, ranging from large multinational firms employing more than 100,000 workers to small firms producing one product, with less than 50 employees. A major challenge faced by consumer electronics manufacturers of all sizes is securing copyright to products.

The global home audio equipment market is fuelled by technological advances, innovative products and demand for top-quality new generation audio technologies. Market expansion is particularly rapid in Asia-Pacific, the Middle East and Latin America due to rising disposable income and a huge degree of urbanization.

In the world TV and video market, TV represents the largest market share at almost 86% of the overall market. Asia-Pacific holds over 35% of the market in terms of value.

Flat panel display (FPD) demand is predicted to rebound from its recession. Greater purchasing power, recovering employment rates, rising disposable incomes and increasing (FPD) functions will continue to drive demand.

In the world games software market, console games represent almost 90% of the overall market and in regional market terms, the Americas represent 43% of the overall market. Consolidation is a major factor in the industry, allowing games software sellers to snap up greater market share. Leading products include Xbox One, Playstation 4 and the Nintendo Wii U.

In the global home entertainment software market, console software leads the market. Digital entertainment content demand is fuelled by a shift to online and mobile platforms, with homeowners watching TV and videos on-demand, play games and store music and movie collections with access from within the home and outside.

Consumer Electronics Regional Market Share

The US is the leading market region in the world consumer electronics industry, followed by China, reports RNCOS. 

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Consumer Electronics: In-depth Industry Report in Indonesia

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Volume sales of consumer electronics were declining for three consecutive years prior to 2017 due to unfavourable economic conditions in the country. In 2017, slightly positive volume growth was recorded, ...

Consumer Electronics: In-depth Industry Report in Austria

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Consumer electronics witnessed limited growth in retail value sales in Austria in 2017 but a further decline in retail volume sales due to the continuing trend towards fewer, but multi-functional devices. ...

Consumer Electronics: In-depth Industry Report in Egypt

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The presence of uncertainty in the economy has negatively influenced both industrial performance and consumer spend. In terms of supply, several brands have been phased out or lost significant share, and ...

Consumer Electronics: In-depth Industry Report in Malaysia

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Consumer electronics in Malaysia recorded a marginal decline in retail volume sales in 2017.This can be attributed to falling demand in certain categories, such as tablets, in-car entertainment, e-readers, ...

Consumer Electronics: In-depth Industry Report in Colombia

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Since the second half of 2016, Colombia experienced an accentuated slowdown of its economy framed within a more challenging macroeconomic environment, as inflation rates grew far from the expected and ...

Consumer Electronics: In-depth Industry Report in Turkey

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The downward trend in volume sales of consumer electronics remained in 2017, as a respectable proportion of consumers preferred postponing or cancelling their consumer electronics purchases mainly due ...

Consumer Electronics: In-depth Industry Report in Greece

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After consecutive declines following recession, the Greek consumer electronics witnessed a slight recovery in 2014-2015, only to decline further in 2016 and 2017, with volume sales falling 7% in 2017. ...

Consumer Electronics: In-depth Industry Report in Chile

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Consumer electronics in Chile continued to grow in retail volume sales terms in 2017 as Chileans wanted to be at the forefront of new technology. Local consumers’ demand for connected devices led to ...

Consumer Electronics: In-depth Industry Report in Argentina

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As 2016 was dominated by adjustment policies in economic matters directly after Mauricio Macri was elected president of Argentina, volume sales of consumer electronics recorded a decline.This was driven ...

Consumer Electronics: In-depth Industry Report in Morocco

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Moroccan consumers are big fans of electronic devices and retail volume sales of consumer electronics registered a significant jump in sales in 2017, to continue the growth trend over the review period. ...

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