Analyst Insight by Chloe Wu - Personal Accessories and Eyewear Analyst
It has not been more than a year since Google Glass was first sold commercially to the public, and, despite an overall tepid reaction towards Google Glass, Luxottica is now forging ahead with yet another attempt at smart glasses.
This time, the eyewear juggernaut has teamed up with semiconductor giant Intel to produce smart eyewear. Essentially, Intel will provide engineering know-how, so that Luxottica can focus on industrial design, thereby keeping costs down and shortening the time to market.
Continue reading "Rationalising Intel’s Collaboration with Luxottica on Smart Glasses" »
Analyst Insight by Pavel Marceux - Technology, Communications and Media Analyst
The launch of the festive winter season is a major shopping occasion around the world, but it is also a major testing period for the adoption of new technologies and online platforms. The Christmas and New Year’s period of 2014 is expected to see some consumer trends entrenched, such as social shopping, geo-targeting and digital wallets, while retailers will rely more than ever on the web to attract consumers. More consumers will also buy from handheld digital devices, such as smartphones and tablets, as opposed to conventional computers. However, as the busy festive season kicks off, businesses must be ready to deal with challenges such as web traffic spikes and stronger competition.
Continue reading "Holiday Shopping: The Impact on Tech Trends" »
To gauge which devices consumers would buy if they were given US$1000 to spend on electronics, Passport Survey reached out to Euromonitor International’s global network of analysts from 80+ countries.
Electronic devices such as smartphones, tablets and laptops have become must-have items on holiday wish lists around the world. With so many gadgets in the marketplace – and new ones hitting the shelves every day – deciding which device to put at the top of the list can be a challenge. In order to understand which consumer electronic devices are the most sought after, Passport Survey reached out via Analyst Pulse survey to Euromonitor analysts in over 80 countries with a simple question: what device would you buy if you had an extra US$1000?
Continue reading "Consumer Electronics Wish List for 2015" »
Analyst Insight by Mykola Golovko - Senior Consumer Electronics Analyst
While Sony has a much more diversified product portfolio than HTC, both companies are highly dependent on demand for their smartphones for revenues and profit. Therefore, slowing growth and intensifying competition in smartphones have been particularly detrimental for both companies, and results announced on 31 October indicate that despite making headway in their turnaround efforts, Sony and HTC are still in an extremely difficult position.
Deteriorating market conditions
For both companies, the source of all difficulties is the lacklustre performance of their respective smartphone lines, particularly the high-priced models. While both companies have released very competitive line ups that received praise from critics and reviewers for design and build quality, both companies were too small to compete with the marketing budgets of Samsung and Apple. Exacerbating the problem for high-end devices was slowing growth in developed markets.
Continue reading "HTC Corp and Sony Corp Earnings Paint a Bleak Picture for Smartphones" »
Analyst Insight by Rob Walker - Contributing Analyst
What would we do without our smartphones? Over one billion will be purchased globally this year, according to our latest data. Small wonder, then, that many in the fashion industry are keen to grab a bigger piece of the “smart” action by developing their own lines of wearable technology, from smart socks to smart bras. The big question is whether smart fashion, like smartphones, has the potential to become part of the retail mainstream.
Global Sales of Smartphones 2010-2014
Source: Euromonitor International
Continue reading "Is Wearable Technology Moving into Sportswear?" »
Analyst Insight by Daphne Kasriel-Alexander - Consumer Trends Consultant
Phablet fashion goes beyond the devices themselves. People’s attachment to their smartphones, phablets and tablets is having a ripple effect on broader consumption needs, beyond electronic devices. Fashion is an interesting example. As consumers favour ever larger screens on portable devices to use in their mobile cocoons - Apple’s new phablet-sized phone sold out within 24 hours - fashion brands are responding to the gripe that these devices can’t fit neatly into consumer pockets. ‘BendGate’ when some brand new iPhone 6 models curved when squashed into front pockets as the aluminium succumbed to the pressure of the user’s movement - the subject of physics-style scrutiny in Wired magazine - only put the issue of the need for 'tech-friendly clothing' into sharper focus.
Continue reading "Phablet Trend Drives Innovation in Fashion, Pocket Sizes" »