"Consumer electronics: industry growth is limited by a lack of revolutionary products and a consumer focused on "value-seeking" and prioritization of essential spending"

12/1/2013 - Report
ic_blogtagEconomic OutlookUnited StatesInformation & Communication TechnologiesEmploymentManufacturingSector Risk
Demand for smartphones and tablets is expected to remain strong while PC and notebook sales will remain challenged thanks due to subsitution by lower-priced tablets.

Continued declines in avergae selling prices of flat-panel TV's will more than offset the gradual trend to upgrade to larger, more expensive screens.

Price remains the most critical competitive factor. Overall, the US consumer electronics market is mature, with most product categories at or near saturation.

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Consumer electronics: industry growth is limited by a lack of revolutionary products and a consumer focused on value-seeking and prioritization of essential spending - Report