"United States Consumer Electronics Report Q3 2016" Published

From: Fast Market Research, Inc.
Published: Fri Jul 22 2016

We continue to maintain a positive outlook fo r the US consumer electronics market in our Q 3 16 report update. We believe that the US consumer electronics market will remain the global leader in terms of market size and adoption of latest technologies over the course of 2016 to 2020 . In 2016 we will see the overall market size expand by 2 .0 % , with the market reaching an es timated total value of USD320.1 bn. We forecast a consumer electronics market 2016-2020 CAGR of 1.6% , wi th total spending reaching USD34 0.1bn by end of 2020. High device penetration rates, strong demand for the latest devices an d short replacement cycles make the US the most market lucrative for vendors - but h igh penetration also results in diminished growth opportunities in some of the key markets such as tablets and smartphones, particularly when compared with emerging markets. Furthermore , over the medium term we believe questions still remain about the sustainability of consumption in the absence of strong wage growth and the fact that most sales will be upgrades rather than new customers.

Full Report Details at
- http://www.fastmr.com/prod/1197573_united_states_consumer.aspx?afid=301

Latest Updates & Industry Developments

Computer Hardware Sales: USD200.4bn in 2015 to ISD220.6bnin 2020. Tablet volumes continue to be squeezed by a diminished pool of first-time buyers and lengthening replacement cycles, hence a stronger growth in the long-term.

AV Sales: USD54.8bn in 2015 to USD57.2bn in 2020. Market will begin to rebound after a contraction in 2015 driven by contractions in the digital camera market and saturation in TV set sales.

Handset Sales: USD58.7bn in 2015 to USD62.4bn in 2020. Growth is now expected to be stronger in later years of forecast, but smartphone market maturity and price pressures in the Android ecosystem will still mean handset market value growth deceleration over the medium term.

The United States Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in United States.

BMI Research'sUnited States Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in United States.

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Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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