Albany, New York, March 09, 2017: Market Research Hub’s Report The world consumer electronics market is projected to grow at a CAGR of over 15% to nearly US$ 3 trillion in revenues by 2020. Unsurprisingly, Asia Pacific will continue to be the hotbed of future demand, as many consumers in these countries move to buy their first smartphone or HD TV. Unlike in developed markets of the West, where new consumer electronics sales are fueled on the back of innovation, success in Asia Pacific will be based on a large part on offering the maximum features at the lowest cost. An estimate of the opportunities in the Asia Pacific consumer electronics market can be made from the fact that in India, the second largest smartphone market in the world, the smartphone penetration is below 30%.

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This study gives a clear overview of the Consumer Electronics sector and identifies the main technological and industrial trends:

• TV technology innovations
• smartwatches, a market still in its infancy
• impact of OTT video
• smart toys perspectives
• virtual reality, still an emerging market
• mixed reality potential
• the smart home renewal
• video games, pioneering multiscreen usage
• voice interaction
• the necessary transformation of personal computers
• The age of contactless payment.

It also delivers key indicators, market sizing and forecasts to 2020 for the following segments: TV and UHD TV, STB (cable, satellite, terrestrial, IPTV), digital media boxes (DMA, DMR, PVR, DVR, Blu-Ray, home consoles), portable media devices (tablets, smartphones, and handheld consoles), personal computers (desktop and laptop). 

Database Indicators:

Market segments

- Digital media boxes

- Home video game consoles

- Blu-ray player/recorders

- digital media adapters, also known as multimedia gateways, which allow users to read audio and video content and images from other storage sources and display/play them on the TV screen. Digital media recorders are DMAs capable of recording programmers off the TV. They may come with a built-in hard drive, but the current trend tends to be DMRs without a hard drive.

Computers

- Desktop computers

- Laptop computers. This sub-segment includes netbooks and notebooks

Televisions

- The television segment includes LCD screens: LED, plasma and OLED. These sub-segments are not displayed separately in the database.

STBs

The set-top box segment includes four sub-segments:

- Cable STB

- Satellite STB

- Terrestrial TV STB

- IPTV STB

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Portable media devices:

- Smartphones

- Handheld video game consoles

- Media tablets (touch tablets and e-readers)

Indicators by devices

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