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Australia Consumer Electronics Report Q1 2014

Australian consumer electronics market to expand by 3% in 2013


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2014-01-09 05:58:02 - Australia Consumer Electronics Report Q1 2014 - a new market research report on companiesandmarkets.com

In 2013, analysts forecast that Australian demand for consumer electronics will grow by around 3%, as weaker economic growth is forecast to hit the market over the short-to-medium term. In 2013, the weakness in the job market will frustrate the government´s efforts to lift the economy using policies that encourage household spending. Vendors will look to emerging product categories such as ultrabooks, Windows 8 tablets and phones, ultra-HD, smart and 3D TV sets, and LTE smartphones as areas of growth.

Longer-term consumer electronics market drivers include rising incomes, technology innovation such as 4G LTE mobile networks and 3D TV, product innovation such as OLED and ultra-HD TV sets, and government ICT programmes. Smart and ultra-large 3D TV sets, Windows 8 smartphones,

 

 

ultrabooks and tablets are expected to be consumer electronics growth areas in 2013, while iPhones and Windows Phone 8s are increasingly popular with larger organisations.

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