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231 posts categorized "Consumer Electronics"

May 29, 2014

Apple’s US$3 Billion Bet on Headphones and Music Streaming

Weeteck_looAnalyst Insight by Loo Wee Tek - Head of Consumer Electronics

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Apple Inc (Apple) officially announced an agreement to acquire Beats Music and Beats Electronics for a total of US$3 billion. Beat Music is the company that offers subscription-based streaming music service much like a smaller Spotify whereas Beats Electronics sells the wildly popular Beats headphones and other accessories.  

 beats-small.jpg

 

 

 

Source: Beats Electronics

Continue reading "Apple’s US$3 Billion Bet on Headphones and Music Streaming" »

May 28, 2014

Speculation Surrounding Apple and Nokia's 2014 Product Launches

 

Samsung, LG and HTC have all released new smartphones in 2014 but Apple and Nokia have remained silent on any product releases for 2014 so far. The latest iPhone is expected to be released in the fall of 2014 with a larger screen and a compliment of wearable devices to combat products such as the Galaxy Gear from Samsung. This is an important release for Apple as North American consumers are leaning towards low cost Android phones. It is unlikely that Nokia will release a new phone in 2014 after the company’s purchase by Microsoft but should begin a new approach to hardware and software in order for future Windows-based phones to gain wider acceptance.

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May 24, 2014

Income Inequality Fragments the Global Telecommunications Market

Pavel_MarceuxWith Pavel Marceux - Contributing Technology, Communications and Media Analyst

Income inequality, which is the gap between earnings of the rich and poor, creates a major digital divide between consumer groups worldwide. Telecommunications companies tend to develop infrastructure in areas that can afford services and price these services accordingly, alienating low-income consumers and fragmenting the telecoms markets.  One solution to this digital divide is internet enabled mobile devices, which are generally cheaper in both price point and internet subscription. 

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May 15, 2014

Wearable Tech: Digital Consumers Still Need Convincing

Pavel_MarceuxAnalyst Insight by Pavel Marceux - Contributing Technology, Communications and Media Analyst

View Pavel Marceux's profile on LinkedIn

In a global digital landscape driven by surging consumer communications expenditure, there are few segments that can still offer the creative opportunities like the wearable tech market. Though attracting much hype over the past year, wearable smart technologies are yet to become necessary accessories even among wealthy developed-market consumers. Design flaws, cost concerns and narrow niches have held back the segment from entering the mainstream market, despite the recent rapid success of other telecom-focused products such as music players, smartphones and tablets. However, the lack of a clear brand leader and a product yet to capture the public’s imagination offers opportunities to capture what can potentially become a giant global market for wearable tech.

Global Telecom Equipment Expenditure and Smartphone Retail Value: 2008-2017

Source: Euromonitor International from national statistics/Eurostat/UN/OECD/trade sources

Note: Figures are in constant 2013 terms; data for 2014-2017 is forecast 

Continue reading "Wearable Tech: Digital Consumers Still Need Convincing" »

May 11, 2014

Smartphones og Tablets Oplever Stor Vækst i Danmark

Tablets og smartphones er nærmest blevet hvermandseje i Danmark, og de bruges af både yngre og ældre generationer samt i erhvervslivet og til personlig brug. Salget af tablets har været imponerende i Danmark, med en vækst i 2012 på 56% og i 2013 på 45%. Vi vil se en mindre positiv vækst i den nærmeste fremtid, og det skyldes at mange forbrugere endnu ikke vil erstatte deres nuværende smartsphone eller tablet, selvom priserne på disse falder.

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Smartphones and Tablets Recording Strong Growth in Denmark

 

Tablet and smartphones, permeating the daily lives of consumers in Denmark, are used by both younger and older generations for business and personal use. Sales of personal consumer electronics have been impressive in the country with tablet sales rising by 56 and 45 percent in 2012 and 2013 respectively. A slowdown is expected soon due as consumers keep their current phones and tablets even as unit prices for these electronics fall.

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May 8, 2014

Household Robotics Entering the Consumer Market Mainstream

Pavel_MarceuxAnalyst Insight by Pavel Marceux - Technology, Communications and Media Contributing Analyst

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Long heralded as the next phase of digital evolution, robotics is becoming less science fiction and more about routine consumer appliances, as developers begin to market price-conscious, artificial-intelligence goods to households. As ownership of household durables continues to rise globally, consumers are increasingly looking for more high-tech appliances, offering opportunities for robotic products. However, their higher price bracket and low marketing exposure pose barriers to uptake.

Global Possession of Selected Household Durables: 2008-2013

Source: Euromonitor International from trade sources/national statistics

Continue reading "Household Robotics Entering the Consumer Market Mainstream" »

May 3, 2014

Up for the Cup: How Will the World Cup Impact Consumption Habits?

Daphne KasrielAnalyst Insight by Daphne Kasriel-Alexander - Consumers Editor

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For football fans, normal life will be put on hold for a few weeks this summer as the triumph and tragedy of the World Cup is played out. While some will make the journey to Brazil, for many more, it will be a time for wearing the colours, drinking and socialising, as well as tweeting and posting.

Key Trends

  • The usual suspects;
  • Anti-football consumption;
  • Tourism boon or curse?
  • I hate football: Get me out of here!
  • Digital TV push in emerging markets;
  • Social media now integral to the World Cup experience;
  • Money for old rope?
  • Building brand Brazil.

Commercial Opportunities

  • Alcoholic, soft and energy drinks;
  • Takeaway food, snacks and fresh meat;
  • Flat-screen HD TVs and digital set-up boxes;
  • Brazil-themed or related products;
  • Smartphone sales may receive a boost, while social media use is likely to surge.

Continue reading "Up for the Cup: How Will the World Cup Impact Consumption Habits?" »

Strategy Briefing: Mobile Cocooning: How Growing Reliance on Smart Devices is Influencing Consumer Behaviour

GinaWestbrookAnalyst Insight by Gina Westbrook - Editorial Director

How Reliance on Smart Devices is Influencing Consumer Behaviour

Recent years have seen an explosion in mobile web use. Increasingly powerful devices and apps are capable of fulfilling a multitude of tasks, from entertainment, communication and navigation to shopping, education and health monitoring. As a result consumers are becoming ever more immersed in their own digital worlds, anywhere and anytime. Our new global report analyses the current and future impact of the new mobile-centric lifestyle on consumer behaviour and markets.

Use of Apps: Home and Away 2013

  Cocooning


Source: Euromonitor International’s Analyst Pulse survey of July 2013/Strategy Briefing

Continue reading "Strategy Briefing: Mobile Cocooning: How Growing Reliance on Smart Devices is Influencing Consumer Behaviour" »

May 2, 2014

Wearable Electronics to Go Mainstream in 2016

Wearable Electronics

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2014 will be an active year in terms of product launches in wearable electronics, but it won't be until 2016 that these products will see mainstream success on a global scale. Through 2014 demand for wearable electronics will be dependent on the US and a select few developed markets. But over 2015-2018 we expect to see significant volume sales growth globally as well as a shift from passive wearable electronics to autonomous ones.

Continue reading "Wearable Electronics to Go Mainstream in 2016" »

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