The Consumer Electronics industry provides mass-consumption electronic equipment with a relatively low degree of customisation that is marketed on a global scale. In an increasingly connected world, this industry’s main task is to meet the ever more sophisticated demands of digital consumers for electronic devices for both entertainment and professional use. As a highly R&D- and capital-intensive industry, it is also one of the main drivers of technological advances, digital inclusion and economic growth.
The Consumer Electronics industry comprises the manufacturing of electronic devices intended for everyday use by end consumers. They are most commonly used for entertainment (TV sets, video players, video games, audio equipment, etc.), communications (telephones, mobile phones, etc.) and home-office activities (desktop computers, laptops, storage devices, printers, small electrical appliances, batteries, etc.).
India’s IT industry consists of IT services and Hardware and Business Process Management (BPM). Ecommerce has been part of the BPM segment of this industry since FY2013. The IT-BPM sector is largely export-driven. Software accounted for 74.5% ...View more details
In Q3 2018, total retail sales of consumer goods in China rose by 3.8% y/y to RMB 9,428bn, following a 3.7% y/y increase in Q2. Higher retail sales were fuelled by rising incomes and higher consumption expenditure per capita, which rose by 7.9% y/ y ...View more details
China communications equipment sector’s revenue in the first three quarters of 2018 rose by 11% y/y, driven by increased sales of mobile communication station equipment, according to a report released by the Ministry of Industry and Information ...View more details
The revenue of China’s communication equipment sector in the first half of 2018 rose by 10.9% y/y, boosted by increased sales of mobile communication station equipment, according to a report released by the Ministry of Industry and Information ...View more details
In the first quarter of 2018, the gross value added of communications equipment manufacturing increased by 14.2% y/y, higher than the 12.5% y/y average growth of the overall electronic manufacturing sector, according to a report released by the ...View more details
In Q4 2017, China produced 441.8mn mobile handsets, of which 351.4mn smartphones, recording y/y declines of 17.2% and 22.5%, respectively. The sales of mobile handsets also dropped in the same period by 17.2% y/y to 512.5mn units. Despite the lower ...View more details
India was once wholly dependent on domestic production to meet its consumer electronics demand. However, after the Indian economy was liberalised in 1991, multinational brands from countries like South Korea, Japan, and Taiwan flooded the ...View more details
The development of electrical and electronics manufacturing has been key to Malaysia’s transition from an agricultural to a manufacturing-based economy, and the consumer electronics sector has been an important driver of that ...View more details
In 2016, the Polish information technology (IT) sector was responsible for somewhere between 1.4% and 3.2% of the country's GDP – depending on data source and the definition of the IT market – while the entire information and ...View more details
The communications equipment sector has enjoyed marginal success in Q3 2017 in the face of high market saturation and domestic economic uncertainty. Inventory increased in a preparation for a record-selling Q4 due to the Chinese Single’s Day ...View more details