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Growth of 5.8% forecast for the United States consumer electronics market between 2012-13
United States Consumer Electronics Report Q4 2013 - a new market research report on 2014-03-24 07:29:01
We project US consumer electronics spending will grow by about 5.8% in US dollar terms in 2013, to reach a total value of US$247.2bn. Although the market is mature, with high penetration rates in a number of device categories, opportunities remain. Growth areas include large-size HD TV sets, smartphones, Microsoft Windows 8 tablets and convertibles/hybrids, Ultrabooks, and smart TV sets.
We have downwardly revised our forecasts following negative growth in several key product categories during H113 - and questions remain about the sustainability of consumption in the absence of strong wage growth.
Headline Expenditure Projections
Computer hardware sales: US$131.7bn in 2012 to US$137.9bn in 2013, +4.7% in US dollar terms. Forecast downwardly revised as shipments of desktops and notebooks decline and consumers shift spending to lower-cost tablets.
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