What is the Next Revenue Generator for Consumer Electronics Companies?
Smartphones and tablets have been the main growth drivers in consumer electronics for quite some time, but saturation in both emerging and mature markets is causing a slowdown in sales of these devices. Manufacturers are looking to new growth opportunities, and wearable electronics are the primary choice for most electronics companies. However, these devices will eventually drop in price due to market saturation, thus companies will have to turn to a more profitable revenue stream.
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