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278 posts categorized "Consumer Electronics"

July 27, 2015

Wireless Speakers: What Consumers Want

Wee Teck LooAnalyst Insight by Wee Teck Loo - Head of Consumer Electronics Research

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Sales of smartphones are projected to exceed 1.3 billion units in 2015. The explosive sales of smartphones are also driving sales of accordant headphones and wireless speakers. 26% of the respondents paid between US$20-50 for their wireless speakers and almost the same number of respondents paid between US$75-200.  In fact, the survey showed that a significant number of respondents were willing to pay a premium, with more than 10% paying more than US$200 for their wireless speakers.

Wireless Speakers Spending

Wireless-Speaker

 

Source: Euromonitor International Analyst Survey – Analyst Pulse; May 2015

 

Note: Question shown to respondents who owned wireless speakers

Continue reading "Wireless Speakers: What Consumers Want" »

July 22, 2015

Multi-Channel: The Future for Electronics and Appliance Retail

Alexander GoranssonAnalyst Insight by Alexander Goransson - Lead Analyst

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The retail industry is rapidly evolving. The rise of internet retailing is forcing store-based retailers to quickly adapt by adopting multi-channel strategies, such as click and collect. Considering the nature of technical consumer goods (TCG), often big ticket items necessitating advice or delivery and installation, as well as after sales service, the changing retail environment will have a particular impact on consumer electronics and appliance specialist retailers.

Store-v-online

Source: Euromonitor International

Continue reading "Multi-Channel: The Future for Electronics and Appliance Retail" »

July 21, 2015

Apple Pay Enters the UK

This week, Apple Pay entered the UK after initial roll-out in the US. Though Apple holds a smaller share of the smartphone market in the UK than in the US, the UK's contactless network is more established. With this payments behavior laying the groundwork, Apple Pay will face lower barriers to adoption. Watch the video for complete insights.

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July 2, 2015

Russian Electronics Market on the Brink

Justinas lasinskasAnalyst Insight by Justinas Lasinkas - Industry Analyst

Russia showed strong growth in purchases of electronic goods over the last decade, by both private consumers and businesses. Over 2004-2014, private consumption in Russia and economic output grew fivefold and fourfold respectively, resulting in sales of electronics products surging fourfold. However, growth is shifting to decline in sales value, due to the poor performance of the ailing Russian economy.


Troubled Russian electronics sales

Russian sales of core electronics surged at 16% CAGR over 2009-2013, to reach an all-time high of US$40 billion in 2013. However, dynamic growth swiftly shifted to decline. In 2014, value sales experienced 7% slump, while 2015 decline is expected to increase to 26% in US$ dollars, as the Russian economy enters recession (see figure 1).

Continue reading "Russian Electronics Market on the Brink" »

June 26, 2015

Q&A: Augmented Reality and its Prospects

Pavel_MarceuxAnalyst Insight by Pavel Marceux - Technology, Communications and Media Manager

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Reality as we know it is becoming blurred by the introduction of new technologies, which are set to reshape the way consumers interact with devices and their surroundings. Augmented reality, an amalgamation of virtual reality and real life, is the latest technology to provide an immersion environment that can be controlled without traditional physical button-pressing techniques. Its potential applications on a business and consumer level are numerous, despite its relative infancy.

  • What are the differences between virtual (VR) and augmented reality (AR)?

  • In what industries does augmented reality offer practical applications?

  • Is augmented reality a natural fit for wearable tech?

  • What are the primary challenges to its success?

Continue reading "Q&A: Augmented Reality and its Prospects" »

June 10, 2015

WWDC 2015: Apple is Catching Up with Competition

Ryan TuttleAnalyst Insight by Ryan Tuttle - Research Associate

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Apple Inc held its annual Worldwide Developers Conference Keynote June 8, unveiling a bevy of new software updates. In this article, Euromonitor International examines the most important announcements to come out of WWDC 2015.

WWDC

Source: Apple Inc 

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June 7, 2015

Virtual Reality’s Next Leap – The Oculus Rift Launch

Matt-HudakAnalyst Insight by Matt Hudak - Toys and Games Analyst

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On 6 May 2015, Oculus VR announced its plans to release a consumer version of its virtual reality (VR) headset sometime in the first quarter of 2016. This announcement was largely followed by a great deal of excitement by VR enthusiasts, who are currently waiting for the pre-orders to begin toward the end of 2015. However, the new device is expected to cost somewhere near US$400 at launch and the company has announced that it will require a powerful and relatively expensive PC to play content, bringing the total cost up to US$1,500 for some consumers, according to the company. Due to this prohibitive price point for entry along with other factors, the Oculus Rift may face some challenges in expanding beyond the enthusiast market.

Oculus

Continue reading "Virtual Reality’s Next Leap – The Oculus Rift Launch" »

June 6, 2015

Wearables: The Battle Goes Beyond Android and Apple

Weeteck_looAnalyst Insight by Loo Wee Tek - Head of Consumer Electronics Research

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Sales of wearable electronics are projected to grow from US$8 billion in 2015 to US$20 billion in 2016. Naturally, companies like Samsung, Apple and non-tech companies like Ralph Lauren and Swatch are jostling for a piece of the pie. For smartphones and tablets, despite the mind-boggling array of brands available to consumers, the operating system (OS) is dominated by Apple’s iOS and Google’s Android, and for computers, Microsoft’s Windows.

One more - DuWear

For passive wearable electronics like Jawbone’s Up3 (fitness trackers), the choice of OS does not matter, as any meaningful data is synchronised and displayed on the wearer’s smartphone.  For autonomous wearable electronics, the OS market is exploding, with Baidu’s DuWear the latest entrant, joining Google, Samsung, LG , Pebble and Apple and many others running their proprietary OS for autonomous wearable electronics. Baidu (the dominant search engine in China) is trying to push its DuWear much like Google did with its Android Wear and offering the software to different manufacturers. In a bid to boost the popularity of its new OS, Baidu made it even easier for consumers, who can now download and flash onto products from different manufacturers like Motorola, LG and Sony. 

Continue reading "Wearables: The Battle Goes Beyond Android and Apple" »

May 17, 2015

What Other Companies Can Learn from XiaoMi

Weeteck_looAnalyst Insight by Wee Teck Loo - Head of Consumer Electronics

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XiaoMi launched its first smartphone designed for the Indian market in April. The new model, Mi 4i, like all XiaoMi products, is equipped with high-end specifications at an attractive price. In the same month, Samsung reported a 30% decline in y-o-y operating profits for the first quarter of 2015.  Samsung’s mobile division operating profits nosedived 57% in 2015 compared to the same quarter in 2014.

Mi-4i

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May 12, 2015

Brazil's Business Environment: Consumption in Economic Slowdown

250_brazilBusiness-v1.0On the surface, Brazil looks like an attractive market. It is the seventh largest global economy and has a population of 200 million, with high consumer expenditure and high demand for commodities.
But Brazilians are spending less, industrial confidence is deteriorating, and inflation is rising, meaning a future of slow growth and economic recovery.

Consumer goods companies operating in Brazil need to adapt their strategy to integrate the global market place. What are the reasons behind this slowdown and how can organisations work it to their advantage? 

Download our white paper today to learn:

› How Brazil’s rapid currency depreciation has affected its economy and consumers 

› Which consumer industries are slowing down and which have new opportunities

› Why the middle class is changing Brazil’s economic landscape

Download-Now

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Recent Posts

Wireless Speakers: What Consumers Want

Multi-Channel: The Future for Electronics and Appliance Retail

Apple Pay Enters the UK

Russian Electronics Market on the Brink

Q&A: Augmented Reality and its Prospects

WWDC 2015: Apple is Catching Up with Competition

Virtual Reality’s Next Leap – The Oculus Rift Launch

Wearables: The Battle Goes Beyond Android and Apple

What Other Companies Can Learn from XiaoMi

Brazil's Business Environment: Consumption in Economic Slowdown