UK Consumer Electronics Market Reviewed in Comprehensive BMI Research Study Available at MarketPublishers.com08 Feb 2016 • by Natalie Aster
LONDON – Per capita expenditure on consumer electronics devices in the UK is at a high level, supported by the country’s affluent population and robust demand for the cutting-edge products.
However, the growth outlook is subdued as the market is mature enough; implying vendors are to a large degree reliant upon replacement sales on a mid-term horizon.
The population increase is likely to provide some growth momentum, but the major upside to the sluggish-growth outlook lies in device innovation, most notably wearable devices, although the 1st generation failed to gain consumer goods market traction.
Forecasts say the overall consumer electronics spending in the country will likely grow at 0.9% CAGR through 2019 to stand at USD 50.7 billion by 2019.
The sales of computer hardware are poised to increase at 0.9% a CAGR, from USD 27.3 billion in 2016 to stand at USD 28.8 billion by 2019. On the back of the market maturity the growth in volume terms is expected to be modest, whilst the decline in desktop expenditure will in part offset a return to growth of the tablet and notebook markets.
Comprehensive market research report “United Kingdom Consumer Electronics Report Q1 2016” drawn up by Business Monitor International (BMI) offers an all-round guide to the UK consumer electronics sector performance. The study presents a detailed SWOT analysis for the market, limelights the latest updates and key developments in the industry, reveals a slew of structural trends, provides the industry forecast, Europe’s risk/rewards index indicators for Q1 2016. The report presents a detailed market review, covering computer hardware, AV devices, mobile handsets and giving sales data plus forecasts for 2013-2019. Demographic figures and forecasts are provided for 1990-2025.
United Kingdom Consumer Electronics Report Q1 2016
Published: January, 2016
Price: US$ 1,295.00
More comprehensive studies by the publisher can be found at Business Monitor International page.