World Consumer Electronics Market Witnesses Steady Sales Growth, According to IDATE Research Study Available at MarketPublishers.com
21 Mar 2017 • by Natalie Aster
LONDON – Worldwide, the market for consumer electronics (CE) observes stable growth in the volume of devices sold.
In 2016 the CE market saw eleven technology and industry trends that affected entertainment behaviours and other consumption habbits. Amid these trends one can name the influence of OTT video on CE, the prospects of mixed reality, pioneering multi-screen gaming, smartwatches market remaining in its infancy, voice interaction in CE, among others.
Mobile devices account for a remarkable market share of the total CE market. Over 2.5 billion connectable devices were sold in 2016.
Across Europe and North America, around all TVs sold the major chunk belongs to smart TVs. 27% of TV households will likely possess an UHD TV in 2020.
The overall STB segment is seeing sluggish growth. The sales of digital STBs are being propelled by the rise of the APAC market. The cable STB segment is anticipated to see very sluggish growth in the offing.
Connectable STBs is still the smallest segment as of 2016; the terrestrial STB segment observes steady growth, but the market remains a minor one. The IPTV STB segment is poised to witness an AAGR of 6% through to 2020.
Topical research study “The World Consumer Electronics Market: CE Devices in a New Visual Age” created by IDATE provides an all-round, unprejudiced analysis of the marketplace, focusing on video devices and investigating the main technological and industrial trends in the smart TV, computer, portable media device (PMD), digital media boxe (DMB) and set-top box (STB) segments. The publication also casts light on key indicators, market size and in-depth forecast figures till 2020 for CE and connected CE, with detailed highlights into sales of UHD TV-sets by volume and value, in tandem with prospective through to 2020.
More topical market research reports by the publisher can be found at IDATE page.