German consumers have made strong shifts in the use of technology during the COVID-19 pandemic in 2020 and 2021, leading to growth in consumer electronics. Although they might have been late in adopting the use of some devices, they are traditionally appreciative of any innovations that contribute to making their lives easier, and many changes...
Consumer Electronics Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025 Summary Global Consumer Electronics industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile...
Buoyed by a more stable economic environment, which will boost consumer confidence, the rate of growth in retail constant value sales of consumer electronics will accelerate during 2021, with robust demand for smartphones and portable computers in particular. Demand for laptops has been boosted by the work from home trend. Consumer...
Following a strong upturn in demand for a number of consumer electronics in 2020 due to the home seclusion trend as a result of the pandemic, including computers for remote working and studying, and televisions and e-readers for home entertainment, growth is expected to be more subdued in 2021 for consumer electronics in general. Consumer...
Retail current value sales of consumer electronics are set to expand for the first time in three years during 2021, as the economic shock of the pandemic begins to fade and daily life normalises, boosting consumer confidence. Wearable electronics will be the top performer, mainly due to the growing popularity of smart wearables like the Apple...
The Magneto Resistive RAM (MRAM) market is expected to register a CAGR of 62.12% over the forecast period 2021-2026. Increasing adoption of digitalization across the industry, technological advancement of computing technologies, Internet of Things (IoT) and rapid development of smart robots across the world, and rising investment in electronic...
In 2021, consumer electronics will continue its upward growth trajectory despite the tough operating environment. In Q2, several Australian states went into lockdown with consumers forced to work from home and spend more time indoors to minimise the virus spread. Store closures remained at a minimum, but many consumers were reluctant to visit...
Even though the COVID-19 pandemic is not yet over, 2021 will see consumer electronics current value sales expand in Chile amidst the economic recovery of the country. Benefiting from a strong vaccination roll out campaign and the later entry into the country of the Delta variant, Chile has been highly rated in its handling of the COVID-19...
Consumer electronics in the UK is expected to see a slight decline in demand in 2021, after the modest growth recorded in 2020, with consumers having more options for out-of-home entertainment and travelling, especially later in 2021. Although there has been some easing of the pandemic-related restrictions and businesses have been reopening,...
Generally, the COVID-19 pandemic continues to have a negative impact on consumer electronics in Brazil in 2021, with a return to only marginal growth expected in the year overall. The economic impact of the pandemic has negatively affected lower-income consumers in the country, who have suffered sharp wage reductions or lost their jobs, completely...