Consumer Electronics

Format: 2016-12-04
Format: 2016-12-04
November 29, 2016 | 76 Pages | SKU: IRTNTR10962

Global market overview for selfie sticks

According to Technavio’s market research analyst, the global selfie stick market will grow at an impressive CAGR of over 26% by 2020. The recent increase in tourism and business travels will lead to the strong growth of this market during the forecast period. It has been observed that the tourism industry across the globe is growing on a yearly basis due to high spending capability of individuals and low flight fares. In 2015, overall tourism increased by more than 4% year-over-year. Similarly, business travels also increased by more than 6% in 2015 and will also play a huge part in the growth of the tourism industry. This recent increase in the number of solo trips has fostered the demand for selfie sticks as it helps tourists take their pictures at different locations. The use of selfie sticks is not just limited to people traveling alone, but also includes people traveling in groups or with their families.

Another key factor that is responsible for this market’s growth is the advent of selfie sticks with studio effects in the market. In May 2016, Thinkmodo, a US-based advertising firm that offers its clients viral marketing, created a selfie stick with a built-in fan to give users a windswept appearance and beauty lights to recreate studio effect. This stick was created as a viral campaign for the show UnREAL on Lifetime channel, which is not commercially available as of 2016. However, its developers have shown an interest for mass production of an automated selfie stick in case of high demand.

Competitive landscape and key vendors

This market is highly fragmented and does not have any clear market leader. Most of the manufacturers are based out of China and compete on the basis of pricing. However, due to this price war, the quality of selfie


November 28, 2016 | 59 Pages | SKU: IRTNTR10943

Overview of the global wearable patch market

Technavio’s market research analyst predicts the global wearable patch market to grow at an impressive growth rate of more than 88% between 2016 and 2020, in terms of unit shipment.  The rapid surge in lifestyle diseases, growing aging population, and increasing healthcare costs have prompted several health insurance companies and the healthcare industry to come up with devices, such as wearable patches, that can detect and keep a check on diseases. Wearable patches not only monitor patients but also track their sports activities and deliver drugs. These wearable devices can be easily hidden under clothing and do not restrict a person’s movement, which enables them to be used for a longer duration and aids in better precision. Moreover, these patches are compatible with most of the mobile OS and can connect easily to any smartphone through Bluetooth, making them a preferred alternative for other health-monitoring devices such as fitness bands and smartwatches. Most of the manufacturers in the market are making their products available at more affordable prices to augment their sales. One of the latest developments in the market is the growing adoption of wearable patches in the cosmetic industry. For instance, L'Oréal is planning to come up with a UV radiation absorption monitor, which will help users to monitor the amount of UV radiation absorbed by the body.

During 2015, the Americas dominated the market and accounted for the largest market share. Much of the region’s growth can be attributed to the increase in the number of health-conscious individuals who are considerably using FDA-certified patches. Wearable patches have extensive usage among sportspersons, athletes, working professionals, and individual consumers. These devices monitor fitness levels of individuals and


November 25, 2016 | 55 Pages | SKU: IRTNTR10921

Overview of the global 360-degree camera market

The global 360-degree camera market is anticipated to grow rapidly and will post a CAGR of close to 35% during the forecast period. The increasing penetration of virtual reality (VR) headsets will drive the growth prospects for the global 360-degree camera market during the forecast period. The gaming market witnesses a high demand for the VR headsets. As a result, the production and adoption of VR headsets are increasing on a global level. VR provides a simulated environment through VR hardware and software, which gives users a virtual experience. It also uses synchronized sound and sight with data suites to provide users a real-life experience. Moreover, the increased penetration of VR headsets will increase the growth prospects for the 360-degree cameras market. Since the VR gamers are expected to increase during the forecast period, the growth potential of 360-degree cameras is very high.

In terms of geography, the Americas accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the growth of global 360-degree camera market in the region is the rapid increase in the number of VR gamers. Also, the adoption of VR technology by industry giants like Sony and Microsoft will drive the growth prospects for the market in the coming years. Furthermore, companies such as Apple and Google have a large user base in the mobile gaming segment, which is likely to increase the adoption of VR content in the mobile gaming industry.

Competitive landscape and key vendors

The global 360-degree camera market is an oligopoly market with a limited number of global brands. Also, vendors in the market do not compete based on price but compete based on rapidly evolving technologies, features, and resolution. As vendors increasingly adopt advanced


November 22, 2016 | 57 Pages | SKU: IRTNTR10867

Overview of the global set-top-box (STB) market

According to the analysts at Technavio, the global market for STBs will generate a revenue of almost USD 14 billion by 2020. The increasing digitization of television networks will drive the growth prospects for the global STB market during the forecast period. The digitization of cable networks not only improves the quality of cable networks but also helps the network operators to maintain a track of the actual number of subscribers. Also, to increase the transparency of money transfers, the government of various countries such as India and China, are mandating the installation of STBs that ensures the consistency of tax payments to be contributed by the cable TV operators.  One of the major issues with the analog channel is signal tapping, which results in the loss of video quality. As a result, the popularity of digitization of television networks and STBs is expected to increase during the forecast period. Furthermore, one of the major factors that encourage the consumers to adopt STBs is the wide range of channels and better picture quality that they obtain due to digitization of cable networks.

In terms of geography, APAC accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors that influence the growth of the market in the region is the rising shipment of TV units. Another factor that leads to market growth is the digitization of TV content being mandated by the governments in leading countries like China and India.

Competitive landscape and key vendors

The global STB market witnesses an intensely competitive environment due to the presence of big players that dominate the market. Also, the market is consolidated as the top four players account for nearly half of the overall market share.

Key vendors


November 14, 2016 | 60 Pages | SKU: IRTNTR10469

Overview of the global GigE camera market

The global GigE camera market is anticipated to grow at a steady rate and will post a CAGR of more than 11% during the forecast period. The technological advantages offered by GigE cameras over traditional cameras will drive the growth prospects for the global GigE camera market until the end of 2020. The use of GigE cameras eliminates the need for frame grabbers, which is a necessary component when used with analog technology or regular cameras. Also, the installation cost of GigE camera setup is relatively low, which increases its adoption among the end users. Moreover, the hubs used in conventional camera devices have a limited cable length because of which multiple hubs are deployed between the camera and the receiver. The installation of multiple hubs results in high power consumption and an increased overhead cost. In addition, the excessive use of separate cables also increases the risk of high electromagnetic interference. However, the use of GigE camera overcomes the shortcomings of conventional cameras and as a result, the adoption rate of these devices is rising in the market.

In terms of geography, the Americas accounted for the maximum market share during 2015 due to the presence of a large number of GigE camera vendors. However, the global GigE camera market is expected to decline by 2020 because of the rising price of camera devices.

Competitive landscape and key vendors

The global GigE camera market is one of the fastest-growing markets and is highly competitive due to the presence of several vendors. Also, the market is highly dynamic due to rapid technological advancements and numerous business innovations. To survive and succeed in this environment, vendors need to distinguish their product and service offerings through clear and unique value propositions. Also, they are focusing on offering product features


October 04, 2016 | 60 Pages | SKU: IRTNTR10585

Overview of the global streaming media device market

Technavio’s market research analyst predicts the global streaming media device market to grow at a CAGR of more than 17% between 2016 and 2020.  The growing integration of digital video content with streaming media devices will act as a major driving force for the growth of the global streaming media device market. Streaming media devices enable users to play movies and TV shows on TV. They allow users to improve and manage the media streaming for live or on-demand content. The integration of the digital video content with streaming media devices offers consumers the flexibility to watch the content of their choice at a convenient time. Streaming media devices also provide user-friendly navigation options such as a list of content, corresponding prices, and related content and topics.

Rising implementation of cloud services, which allows users to access a diverse range of pay-per-use computing sources, is the latest trend gaining traction in the market. Several firms in the digital video content market are adopting cloud computing services to improve portability, and enabling subscribed users to access digital content stored in remote servers, irrespective of the devices they use. The growing consumer inclination toward access-based approach, which allows subscribing to video libraries stored in the cloud has propelled streaming device manufacturers to invest in cloud computing services for higher revenues.

Competitive landscape and key vendors

Currently, intense vendor competition exists in the global streaming media device market.


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