Market outlook of the consumer
electronics market in China
Consumer electronics include all
electronic devices that are intended for daily use and includes devices like
smartphones, tablets, PCs, gaming consoles, TVs and cameras. The market
research analyst has estimated factors like the augmented sale of smartphones
and gaming consoles in this region to bolster market growth during the forecast
period, resulting in its healthy CAGR of around 10% by 2019.
Upliftment of the ban on gaming
consoles is the key driver for the growth of this market. Upliftment of the ban
in 2014 has allowed foreign enterprises to manufacture consoles in Shanghai's
free economic zone. Since China has the worlds third largest video games
market, companies like Sony and Microsoft are adopting aggressive marketing
strategies to capture this market during the next four years.
Product-based segmentation of
the consumer electronics market in China
- Gaming consoles
- Cameras
- Tablets
- TV
- PC
- Smartphones
In this market research report,
analysts have estimated the smartphones segment to account for more than 71% of
the total market share by 2019. The government of Chinas recent decision to
issue 4G license to major telecom providers like China mobile, China telecom
and China Unicom is expected to foster growth in this segment during the
forecast period.
Competitive landscape and key
vendors
This market is highly competitive
and fragmented due to the presence of numerous large and small vendors.
Competition among these vendors is expected to intensify during the forecast
period as recent technological innovations will result in the rapid advancement
of the consumer electronics market.
Key vendors analyzed in this
market are -
- Apple
- Lenovo
- Samsung
- Xiaomi
- Microsoft
- Canon
Other prominent vendors are
Gionee, HTC, Oneplus, Sony, ZTE, Amazon, Blackberry, Google, Microsoft,
Motorola Mobility, Fujitsu, Haier, Hisense, Samsung, Toshiba, Faro
Technologies, Fujifilm Corp, Go pro, Intel Corporation, and Kodak.
Growth drivers, challenges, and
upcoming trends: Consumer electronics
The market research analysts have
estimated upcoming trends, such as the augmented popularity of E-commerce
portals, to spur market growth during the forecast period. The advent of
E-commerce portals is expected to have a positive impact on consumers as it
gives them a platform to compare the prices of smartphones or tablets. These
portals also aid in comparing the specifications of electronic devices and
allow consumers to buy and sell their electronic devices online.
This report provides a number of
factors contributing to the adoption, limitations, and opportunities of the
consumer electronics market in China. It also offers an analysis of each factor
and an estimation of the extent to which the factors are likely to impact the
overall market growth.
Key questions answered in the
report include
- What will the market size and the growth rate be in 2019
- What are the key factors driving the consumer electronics market in China
- What are the key market trends impacting the growth of the consumer electronics market in China
- What are the challenges to market growth
- Who are the key vendors in the consumer electronics market in China
- What are the market opportunities and threats faced by the vendors in the consumer electronics market in China
- What are the key outcomes of the five forces analysis of the consumer electronics market in China
Spanning over 154
pages and 73 Exhibit “Consumer
Electronics Market in China 2015 - 2019” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
Overview, Market Landscape, Country overview, Market segmentation by product,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Recommendation and insight, Key
vendor analysis, Appendix.
Find more information Visit at: http://mrr.cm/ozg
Find all Consumer
Electronics report at : http://www.marketresearchreports.com/consumer-electronics
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