Global Consumer Electronics Sales Defying Economic Cycles
SCOTTSDALE, Ariz., March 12, 2007 -
A succession of attractive new products, along with falling prices and increased capabilities, has helped make the consumer electronics (CE) market seemingly impervious to economic ups and downs around the world, reports In-Stat (http://www.in-stat.com). Strong CE sales are expected to continue for several years, with total shipments increasing from 2.1 billion units in 2006 to 3 billion units in 2010, the high-tech market research firm says.
“The combination of new, popular devices and consistently lower prices leads to increased consumer purchases,” says Brian O’Rourke, In-Stat analyst. “Currently driving the market are devices such as digital televisions, DVD recorders, cellular phones and portable digital audio players (MP3).”
Recent research by In-Stat found the following:
In the next few years, blue laser players and recorders are expected to have a significant impact on the market.
Europe, Asia/Pacific and Rest of World regions will lead in annual growth rates through 2010.
The portable digital audio player will show significant worldwide growth of 41.8% annually, with the growth spread throughout all regions.
Recent In-Stat research, Consumer Electronics Rollup 2007: DTV and MP3 Drive Market, Blue Laser Devices on the Way (#IN0703872ME), covers the worldwide market for 16 select advanced consumer devices, including some, such as PCs and mobile phones that, while not always considered consumer devices, represent a significant fraction of total consumer device sales. It provides detailed annual forecast breakdowns for all of these devices, broken down into five regions: North America, Europe, Japan, Asia/Pacific, and Rest of World (ROW). The history of these shipments back to 2004 is included, as well as analysis of the market for each device.
This research is part of In-Stat’s Multimedia Entertainment Equipment Service, which identifies and forecasts key multimedia system-level entertainment markets. Consumer perspectives, ownership, buying behavior, interests, and product demands are examined. Manufacturer perspectives, competitors, business models, market shares of key suppliers, industry agendas, shipments of consumer entertainment equipment are analyzed, and the interactions and dependencies between interrelated markets are identified. Underlying product technologies, features and platforms are included, including the semiconductor content and bill of materials.
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In-Stat’s market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems. Our insights are derived from a deep understanding of technology impacts, nearly 30 years of history in research and consulting, and direct relationships with leading players in each of our core markets. In-Stat provides its research through reports, annual subscriptions, consulting and advisory services to inform critical decisions. Technology vendors, equipment manufacturers, service providers and media companies worldwide rely on In-Stat to support critical business, product and technology decisions.
