Global Consumer Electronics Market Poised to Grow Magnificently

Global consumer electronics market is projected to grow at a CAGR of around 3% during 2015-2020, says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 06/02/2015 -- Global nanotechnology market is exhibiting a stupendous growth over the past few years, owing the innovative technical developments in the sector across the globe. The industry is entering into the age of convergence wherein entirely different streams of digital-based audio, video and information technology unite and merge, removing entry hurdles across various markets and the whole industry. The union of technologies has indeed resulted into a robust demand for consumer devices such as home appliances, entertainment products, telecom equipments, computer peripherals, etc. Besides that, R&D initiatives by emerging economies, such as China and India will bolster such growth further in the years to come. Considering the above factors, the global consumer electronics market is anticipated to grow at a CAGR of around 3% during the forecast period 2015-2020.

Research Analysis & Highlights

The report "Global Consumer Electronics Market Outlook 2020", by RNCOS spread over 115 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the consumer electronics market on globe. Our research includes analysis of consumer electronics by type (which includes TV, audio/ video devices, High Definition consumer Electronics, Telecom Equipment, computer, Home Appliances, Wearable Gadgets, Automotive Consumer electronics, Cameras), which is further bifurcated into types with future projections till 2020.

Besides that, the report provides a country level analysis of consumer electronics market including analysis of 10 major countries. We have taken countries such as US, UK, Germany, India, China etc. Additionally, the report analyzed the global consumer electronics market size and industry trends to present a comprehensive overview of the market.

Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. We have included the key players' such as Samsung Electronics Co. Ltd., LG Electronics Inc., Apple Inc., and many others, and included their business overview, product portfolio, key financials, strength weakness analysis and recent developments to provide a brief idea of the competitive landscape. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.

Some of the report's key highlights include:

- Smart Home Concept is the New Focus for the Manufacturers
- Curved Display are Impelling the Consumer Electronics Market
- Connected Cars is the Next Focus for Automakers & Consumers
- Asia pacific is Propelling the Consumer Electronics Industry

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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.