SOURCE: MarketResearch.com

MarketResearch.com

January 19, 2011 09:08 ET

Emerging Markets to Generate Growth in Consumer Electronics

ROCKVILLE, MD--(Marketwire - January 19, 2011) - MarketResearch.com has announced the addition of Business Insights's new report "Emerging Consumer Electronics Markets" to their collection of Consumer Electronics market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6042175

The global consumer electronics market (including OEM and retail sales) was valued at $681bn in 2009. This market is forecasted to grow at a CAGR of 5.2% to reach $877.5bn in 2014. Emerging markets are the new growth engines for the industry, as the global recession has adversely impacted consumer electronics sales in developed economies.

Rising disposable personal income (DPI) and an expanding middle class population aspiring for a better lifestyle will primarily drive demand for consumer electronics products in emerging markets. Significant governmental and private sector investments in developing ICT infrastructure will fuel demand for portable and digital electronics.

Growing Internet penetration is increasing consumer awareness about digital technologies in emerging markets, while also enabling easy access to applications and content (media and data) through cloud computing platforms.

This report allows financial planners, researchers, and marketers to:

  • Access market value and growth forecasts for key emerging consumer electronics markets, including by product segment.
  • Analyze key market drivers, resistors and trends that are shaping the consumer electronics industry in emerging markets.
  • Analyze the opportunities and challenges that will impact consumer electronics manufacturers aiming to target emerging markets.
  • Understand the impact of key regulatory and political issues on the consumer electronics industry in emerging markets. 
  • Analyze the competitive landscape in key emerging consumer electronics market.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6042175

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