The growing preference for high-end handsets and an increasing desire to experiment with new technological platforms, has led to widespread popularity of smartphones and tablets worldwide. Moreover, the increasing purchasing power of consumers is also prompting them to purchase high-end gadgets irrespective of the price levels of such products. Further, manufacturers are also reigning in the high demand for such products by introducing more compact and portable versions of these products in various countries.
According to our report, despite of fluctuating economic conditions, GDP and consumer preferences, the high end gadgets like smartphones and tablets have gained high momentum in past few years. The ease of use provided by these products is making consumers to switch over from traditional phones and computers to technologically smarter versions. In lieu of this, more and more companies are redesigning smartphones and tablets and are introducing them at affordable prices. They are also adopting unique strategies to provoke impulsive buying among consumers like extensive marketing campaigns etc. Thus, smartphone and tablets are expected to continue driving the revenues of the global consumer electronics industry in the future also.
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.
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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.