Global consumer electronics market is growing rapidly backed by rapid technological advancements, says RNCOS.
Noida, UP -- (SBWIRE) -- 07/24/2014 -- According to a new research report by RNCOS, “Global Consumer Electronics Market Forecast 2018”, the global consumer electronic market is growing at a high pace owing to the increasing demand for consumer electronic products in different countries around the world. Moreover, introduction of various new technological products like Smartphones, Tablets, 3D TVs, etc., are also driving the growth of global consumer electronic market. Further, manufacturers are also introducing customized products for different countries to cater to the demand from various regions. All the above reasons coupled with growing thirst among consumers for procuring advanced technologies, will provide a boost to the consumer electronic industry in the coming years as well.
Research Analysis & Highlights
The report, “Global Consumer Electronics Market Forecast 2018”, by RNCOS, spread over 115 pages provides an in-depth research and rational analysis of the global consumer electronics market with forecasts till 2018. The report has been divided into country level and product level segments for which the current market and forecast till 2018 have been provided.
The country level section focuses on the consumer electronics market in various countries of the world like US, UK, China, India, Germany, South Korea, Japan and Taiwan. The major players of each country have also been identified. Whereas, the product level section provides forecast till 2018 of the key consumer electronics products like televisions, audio & video players, telecom equipment, etc. It has been observed that 3D TVs, Smart TVs, Smartphones and Tablets are among the few products that are witnessing high growth and hold immense potential in the future. A special emphasis on the trends prevailing in the industry along with major challenges has also been provided in the report. The report also included the key players covering their company description, product portfolio, key financials, strategic analysis and recent developments.
Some of the report’s key highlights include:
- Smartphone and tablet driving the growth of global consumer electronic market
- Smart TV gaining popularity among consumers due to technological advancement
- China is expected to exceed U.S in the global consumer electronic market
- Home electronics going green prompted by increased consumer awareness
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.