Global Consumer Electronics Market Poised for Strong Growth

The global Consumer Electronics Industry is witnessing phenomenal growth primarily on the back of rising technological innovations.

NOIDA, India (prHWY.com) March 5, 2013 - According to our new research report, "Global Consumer Electronics Market Outlook 2015", with innovative technological developments in the sector, increasing income levels and rising awareness, the global Consumer Electronics Industry is witnessing phenomenal growth over the past few years and this trend is expected to continue in the future as well. As per our analysis, the global consumer electronics market is anticipated to grow at a CAGR of over 10% during 2012-2015.

The industry is entering into the age of convergence, wherein entirely different streams of digital-based audio, video, and information technology unite and merge, removing entry hurdles across various markets and the whole industry. The union of technologies has indeed resulted into a robust demand for consumer devices, such as home appliances, entertainment products, telecom equipments, computer peripherals etc. Identifying the market's direction, the manufacturers are hastily launching new innovative products. This is also serving as a driver for the industry.

Research Analysis & Highlights

The report, "Global Consumer Electronics Market Outlook 2015" by RNCOS spread over in 95 pages provides detailed analysis of the global Consumer Electronics Industry. The report identified major consumer electronics markets among developed and developing nations and provides their current markets and future forecasts till 2015. Major key players of each country have also been listed in the report.

Besides, the report provides comprehensive market analysis and forecast till 2015 for key consumer electronics products. In order to provide a complete snapshot of the industry, we have also identified the prevailing trends and challenges that are affecting the industry. Lastly, world's major consumer electronic manufacturers are being profiled with company description, product portfolio, key financials, strategic analysis and recent developments.

Some of the report's key highlights include:

- The global consumer electronics market is expected to grow at a CAGR of more than 10% during 2012-2015.
- China expected to surpass US in terms of consumer electronics sales and become the leading country worldwide.
- India's consumer electronics market is growing at the fastest pace.
- Innovative technology products are catching attention across the globe.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM471.htm

Some of our Related Reports are:

- Global Semiconductor Market Forecast to 2015 (http://www.rncos.com/Report/IM391.htm)
- Global Consumer Electronics Market Forecast to 2013 (http://www.rncos.com/Report/IM260.htm)
- Booming Consumer Electronics Market in India (http://www.rncos.com/Report/IM157.htm)

Check Related REPORTS on: http://www.rncos.com/Computer%20&%20electronics.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: hewlett packard, siemens

Categories: Electronics

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