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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.).
Colombia is the fourth largest economy in Latin America in terms of nominal GDP, and the third largest in the region by population, with 49.8mn people as of December 2018. Over the period 2013-2018, the wholesale, retail & repair sector performed ...
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Mexico is the second largest economy in Latin America in terms of nominal GDP, and thereby a key consumer market in the region, with a population of over 123.4mn people as of December 2017. Over the period 2012-2017, the retail trade sector performed ...
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Indonesia’s retail sector plays an important role in the country’s economy. It generated 10% of the gross domestic product (GDP) and provided employment to nearly a fifth of the country’s workforce in 2018. Household consumption has ...
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The consumer electronics and household appliance manufacturing subsectors play a key role in Poland’s economy. Their combined GVA in 2017 was equal to 1.1% of GDP and 6.2% of manufacturing GVA. Between them, the two subsectors employed 165,083 ...
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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% ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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