China’s demand for Consumer Electronics has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
In terms of revenue, the global USB Devices market was valued at US$ 30869.1 million in 2019 and it is projected to reach US$ 59266.8 million by 2027; it is expected to grow at a CAGR of 8.7% during the forecast period from 2020 to 2027. Universal serial bus (USB) or USB key or USB stick devices store data in flash memory with a USB-integrated...
The passive electronic components market is expected to register a CAGR of approximately 4.2% during the forecast period (2020 - 2025). The increasing adoption of digitalization and coupled with increased connectivity and mobility demand is further increasing the complexity of electronics. This is accelerating the demand for passive components...
The consumer electronics market in Brazil was adversely impacted by COVID-19, as consumers prioritised spending elsewhere, or delayed replacement purchases. This pandemic compounded the economic difficulties the country already faced following the economic crisis of 2015-2019, from which it was struggling to recover. As a result, the majority...
The increasing utilization of smart electronics displays, such as smartphones, tablets, and laptops has formed a predominant share of these products in the multi-touch technology market. The growing focus on multi-user displays, such as vertical screens and multi-touch tablets are enabling the growth of the market. These devices help multiple...
Sales of in-home consumer electronics in Latin America continue to decline, with the Coronavirus (COVID-19) pandemic only worsening industry performance in 2020. The market is dominated by TVs, which, with already very high penetration rates, are currently in decline across the continent. However, TVs contains one area of major potential for...
Dearly departed: Revenue has continued to fall amid increasing competition from online retailers Abstract Department Stores in Australia Department stores retail fabrics, soft goods, clothing, chinaware, glassware, housewares, perfumes, cosmetics, toiletries, furniture and household appliances. Goods...
The outbreak of COVID-19 in Norway is expected to lead to a decline in volume growth of 10% for consumer electronics, compared to a decline of 2% recorded in 2019. The areas set to be impacted the most are portable players, home audio and cinema and in-car entertainment; all of which are predicted to record a double-digit decline in volume...
Apple achieved its highest ever sales in 2020, despite the challenging global economic situation. Apple has been shifting its business to be less dependent on iPhones, and revenues from Services and Wearables received a boost due to the Coronavirus (COVID-19) pandemic. Apple Inc in Consumer Electronics (World) Company Profile offers...
The COVID-19 outbreak has negatively impacted computers, digital camcorders, and wearables over the short term due to stock shortages issue. Meanwhile, e-commerce has gained distribution share due to consumers’ safety concerns and increased working from home. The impact of COVID-19 was evident in many product categories in 2020, encompassing...