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From the News Desk
Wednesday, 2. April 2008
Consumer Electronics Market to Continue Expansion Through 2011: Report
The worldwide market for consumer electronics products continues to be strong and will continue to expand through 2011, reports high-tech market research firm, In-Stat. The report, "Consumer Electronics Rollup 2008: DTV Set to Lead CE Products Market Growth" is a part of In-Stat's Multimedia Entertainment Equipment Service.
The report found that the shipments of personal computers and peripherals, traditional consumer electronics products, and communications products will grow from 2.7 billion units in 2007 to 3.1 billion units in 2011.
"Traditional consumer electronics devices continue to be led by the conversion from analog to digital television (DTV)," says Brian O'Rourke, In-Stat analyst. "PCs will maintain their strong growth pattern with a compound annual growth rate of 9.7% through 2011, with growth being driven by increased sales in Africa, the Middle East, South America, and Asia/Pacific regions.
Other findings include:
The report found that the shipments of personal computers and peripherals, traditional consumer electronics products, and communications products will grow from 2.7 billion units in 2007 to 3.1 billion units in 2011.
"Traditional consumer electronics devices continue to be led by the conversion from analog to digital television (DTV)," says Brian O'Rourke, In-Stat analyst. "PCs will maintain their strong growth pattern with a compound annual growth rate of 9.7% through 2011, with growth being driven by increased sales in Africa, the Middle East, South America, and Asia/Pacific regions.
Other findings include:
- India and China are driving the mobile phone handset segment, as low-cost handsets have been developed to meet the market requirements in less developed countries
- Asia/Pacific and Rest of World (including Africa, the Middle East, and South America) regions will lead in overall annual growth rates
- PCs shipments will be driven by a continued transition from desktop to mobile units
