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245 posts categorized "Consumer Electronics"

August 3, 2014

Will Turning Energy Consumption into a Game Help Us Adopt Greener Habits?

Damian ShoreAnalyst Insight by Damian Shore - Contributing Analyst

View Damian Shore's profile on LinkedIn

‘Gamification’ is a term that has some environmentalists excited. They hope that apps that both monitor our energy consumption and benchmark it against our peers will nudge us towards turning down the thermostat and potentially saving the planet. There is also significant potential for utilising the so-called ‘internet of things,’ such as app-controllable thermostats, in this regard. However, the issue of privacy remains a concern for some. With entry-level prices having fallen below US$100, smartphones are becoming ubiquitious in many parts of the world, particularly among young adults. Almost a billion of these devices were sold during 2013 alone, together with 185 million tablet computers. According to think-tank the Pew Research Center, 58% of American adults had a smartphone as of January 2014 – among those aged between 18 years and 29 years, this figure rose to 83%. There is also a nascent market for autonomous wearable electronics (such as smart watches, which can also use apps), with close to a million of these devices sold worldwide during 2014.

Global Volume Sales of Smartphones, Tablet Computers and Autonomous Wearable Electronics: 2008-2013

Source: Euromonitor International from trade sources/national statistics

Continue reading "Will Turning Energy Consumption into a Game Help Us Adopt Greener Habits?" »

July 31, 2014

Apple Posts Strong Earnings, But Finding New Revenue Streams Remains Crucial

MykolaGolovkoAnalyst Insight by Mykola Golovko - Consumer Electronics Analyst

View Mykola Golovko's profile on LinkedIn

The most critical component of Apple Inc’s 6% rise in quarterly revenues was the 28% increase in sales from Greater China. China was the biggest driver of iPhone sales growth for the quarter, helping the company reach 35.2 million units shipped globally. However, the company continues to see weakness in iPad sales, which totalled 13.3 million units. Sales of both iPhones and iPads are expected to be adversely effected as competitive pressure continues to mount and, as growth in smartphones is slowing, products in the pipeline become ever more important for the company’s prospects.

Global retail sales of iOS devices

Source: Euromonitor International

Continue reading "Apple Posts Strong Earnings, But Finding New Revenue Streams Remains Crucial" »

July 23, 2014

China Overtakes the US as the World's Largest Economy

China is set to overtake the US as the world's largest economy in 2014, with a significant impact on consumers and industries. Learn which industries will be the most affected and why by watching this video and downloading Euromonitor's latest whitepaper.

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July 22, 2014

The Next Big Thing in Consumer Electronics is Already Here

Weeteck_looAnalyst Insight by Wee Teck Loo - Head of Consumer Electronics

View Wee Teck Loo's profile on LinkedIn

Smartphones and tablets have dominated the headlines of consumer electronics for the past few years and will continue to be the key growth driver for both retail volume and value sales over the forecast period. At the same time, manufacturers and retailers are also on the search for the next big thing, like wearable electronics. Beyond looking at new products, there are still opportunities aplenty in “old” product categories like laptops and LCD TVs, as the latest Euromonitor International’s Consumer Electronics research can attest. 

Retail Sales of Key Electronic Products: 2013-2018

Retail sales of key electronic products

Source: Euromonitor International

Continue reading "The Next Big Thing in Consumer Electronics is Already Here" »

July 20, 2014

Fashion Speaks: The Growth Potential for Wearable Digital Electronics

Weeteck_loo MayLing_Tham

Euroasia_yvonne kok_LThumbWith Wee Tek Loo, Head of Consumer Electronics and May Ling Tham - Head of Personal Accessories and Eyewear 

Moderated by Yvonne Kok, Head of Industry Research


Wearable devices, such as the Nike Fuel Band and the Samsung Galaxy Gear are manufacturer driven products that do not yet address any major functions better than a smartphone. So far, only fitness tracking devices are driving sales in the category as they serve a practical and motivational purpose. Other devices such as the Galaxy Gear suffer from poor aesthetics and bulky design. Until Apple releases its highly anticipated watch, which has the potential to disrupt the industry in the same way that the iPhone did, many manufacturers of electronics and watches are adapting a wait-and-see approach to wearable devices.

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July 1, 2014

Competition Rises in Polish M-Commerce Sector

 

Competition in the consumer finance industry in Poland is at a new high as banks partner with mobile phone subscribers to bolster mobile commerce offerings. In early 2014, mobile operator Plus, TV operator Cyfrowy Polsat and Invest Bank created Plus Bank, which has 300 thousand clients and the opportunity to expand given both Plus and Cyfrowy Polsat's enormous user base. In addition to this, Alior bank and T-mobile Polska also partnered in the beginning of 2014 to strengthen Alior's m-commerce business. According to Euromontor, m-commerce is expected to reach PLN40 billion by 2019, and more mergers of banks and mobile operators are expected in the future.

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June 26, 2014

How Technology Drives Global Tourism

image from http://s3.amazonaws.com/hires.aviary.com/k/mr6i2hifk4wxt1dp/14052314/ad4f58b0-530a-4cd0-a12e-569f97c066b3.pngWith Pavel Marceaux, Technology, Communications and Media Analyst

37.5 percent of the global population was using the internet in 2013 and these consumers use digital services for hotel booking, flight booking, travel reviews and travel discounts. Websites such as Tripadvisor, Expedia and Kayak are valued in the billions of dollars, and the tourism industry will only benefit as the global population of internet users  reaches 46.1 percent in 2018.

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June 24, 2014

Improving Prospects for Televisions on the Horizon

MykolaGolovkoAnalyst Insight by Mykola Golovko - Senior Consumer Electronics Analyst

View Mykola Golovko's profile on LinkedIn

The 2008/2009 recession led to a decline in demand across a wide range of consumer products. Capital flow restrictions were particularly damaging to products reliant on consumer financing, such as cars. Consumer electronics were largely spared a drastic decline in demand and many product categories such as smartphones continued growing. Even televisions saw very few declines in the midst of the recession and in some markets sales even grew rather dynamically. While the drivers of this growth differed, the glut in sales over 2008-2010 makes for a more favourable environment for digital televisions over 2014-2016 as the sets purchased during the recession approach the end of their service life.

Volume Sales of Digital Televisions During the Recession

TVD1

Source: Euromonitor International

Continue reading "Improving Prospects for Televisions on the Horizon" »

June 22, 2014

E3 Sets the Key Trends for the Video Games Industry Once Again

Rob-PorterAnalyst Insight by Robert Porter - Toys and Games Analyst

View Robert Porter's profile on LinkedIn

Euromonitor International attended the largest annual video gaming conference in the world, E3, held in Los Angeles, California, over 10-12 June. It highlighted some of the major macro drivers affecting the video games industry globally, such as technological innovations, new game releases and features as well as the strategic focus of key players in the industry. Major console companies such as SonyNintendo and Microsoft all had large exhibition areas to promote their latest and most powerful consoles as well as allow consumers to gain an insight into what is in store for the future from these three gaming giants. However, whether it is the power of these consoles that may change everything, other dynamics such as free-to-play games or the growing trend of mobile gaming remains to be seen.

E3.gif 

 

Continue reading "E3 Sets the Key Trends for the Video Games Industry Once Again" »

June 19, 2014

Amazon’s Fire Phone Won’t Set the Smartphone Market Ablaze

Weeteck_looAnalyst Insight by Wee Teck Loo - Head of Consumer Electronics

View Wee Teck Loo's profile on LinkedIn

Amazon announced its Fire Phone hoping to replicate the success it had in tablets. Amazon proved to be a formidable competitor in the US tablet market with a 25% share in 2013, surpassing established global brands Samsung (15%).

The phone boasts innovative camera capabilities, a dynamic perspective interface (3D viewing via positive parallax), and critically a deep integration of Amazon’s online products and services. In its quest to stand out from its competitors, Amazon forgot the most important success factor that made the online giant’s products popular in the US: competitive pricing. The Fire Phone pricings as indicated at the launch event is on par with flagship models from Samsung and Apple.

Consumers use tablets for media consumption which explains the success of Amazon’s Kindle Fire, but smartphones are still primarily communication devices with media-consumption functionality. Not a lot of consumers will want to pay premium prices for a highly customised smartphone that locks them into a restrictive and limited ecosystem (as compared to Android’s market place and iOS’s app store) without significant savings.

Continue reading "Amazon’s Fire Phone Won’t Set the Smartphone Market Ablaze" »

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