Consumer Electronics

Format: 2017-01-24
Format: 2017-01-24
December 29, 2016 | 71 Pages | SKU: IRTNTR11317

Overview of the global amusement park market

Technavio’s market research analyst predicts the global amusement park market to grow at a CAGR of more than 8% during the forecast period. The demand for amusement parks has increased significantly over the recent years because of the unique experience they offer. The growing interest of individuals in adventurous activities is one of the major factors driving growth in the amusement park market. Technological advancements and the growing innovation and creativity among vendors are important factors that have led to the emergence of amusement parks. They have a wide range of dangerous yet thrilling rides that give individuals a remarkable experience. Also, operators in the market are coming up with more exciting concepts, themes, and rides to augment the interest of customers.

The introduction of virtual theme parks is one of the latest trends gaining momentum in the market. Vendors are developing a 360-degree technology to offer people a real-life experience of the virtual world. They are using professional-grade cameras to create such theme parks for outdoor entertainment. For instance, Disney World has come up with the Star Wars-themed park and has also released a 360-degree picture of the themed land. The park gives fans an opportunity to experience the simulated world in 360 degrees.

Competitive landscape and key vendors

The global amusement park market is highly competitive owing to the presence of numerous vendors, who compete based on the types of activities, service portfolio, pricing, government licensing, and safety measures. Cedar Fair Entertainment, Merlin Entertainments, SeaWorld Parks & Entertainment, Universal Parks & Resorts, and Walt Disney Parks and Resorts are some of the major vendors operating in the market.


December 23, 2016 | 58 Pages | SKU: IRTNTR11240

Global outlook of the gaming simulators market

Technavio’s market research analysts predict the global gaming simulators market to grow steadily at a CAGR of more than 17% by 2021. This industry research report identifies the integration of gaming simulators with virtual reality (VR) headsets to be one of the major factors that will have a positive impact on the growth of this market in the coming years. With the emergence and adoption of VR headsets as a substitute for LED screens, the coming years will witness an increasing integration of virtual reality headsets with game simulators. This will enhance the gaming experience for users, subsequently driving market growth.

In terms of geography, the Americas will be the major revenue contributors to the market throughout the next four years. The rise in the average disposable income of people in North America that has made gaming simulators more affordable will be the major factor driving market growth in this region. 

Competitive landscape and key vendors

The market consists of a limited number of vendors and is not very competitive. Product features, technology, content quality, and pricing are some of the major factors that vendors usually compete on. The increasing trend of adopting advanced technologies such as virtual reality among vendors will intensify the market’s competitive environment. To sustain the competition and improve their global positions, vendors have the need to develop innovative technologies and also stay informed about the emerging


December 21, 2016 | 78 Pages | SKU: IRTNTR11210

Global outlook of the headphone market

Technavio’s market research analysts predict the global headphone market to grow steadily during the forecast period and post a CAGR of more than 5% by 2021. This industry research report identifies the growth in demand for sports headphones to be one of the major factors that will have a positive impact on the growth of this market in the coming years. Due to advanced features that can enable the user to track heart rate, measure distance covered, and calculate the number of calories burned during a workout, the market is witnessing an increasing demand for biometric sports tracking headphones. Despite the availability of heart rate monitors in the market, the integration of smart heart rate sensors increases the demand for earphones since several individuals use headphones as a part of their training gear. Though the headphone market appears to be saturated in the developed regions such as North America and Western Europe, the availability of sports headphones will significantly aid in the growth of the market.

This market research and analysis estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the market throughout the next four years. The growth of the market in this region is mainly attributed to the increasing adoption of headphones as fashion accessories in countries such as the US. Additionally, the increased adoption of smartphones and the availability of headphones with advanced features, will also fuel market growth in the Americas.

Competitive landscape and key vendors

Characterized by the presence of several regional and global vendors, this market appears to be fragmented. The market’s competitive environment is intense and technological innovations by major vendors plays a significant role in influencing market growth. Vendors mainly compete on the


December 19, 2016 | 68 Pages | SKU: IRTNTR11186

Overview of the global board games market

The global board games market is anticipated to grow rapidly and will post a CAGR of more than 29% during the forecast period. The high average life cycle of board games will drive the growth prospects for the global board games market until the end of 2021. Since board games have a high average life cycle, they are played long after their launch. For instance, Monopoly, which is one of the most popular board games in the 20th and 21st century was introduced in 1935. Also, it has been observed that this game had the highest number of sales in 2014, more than 79 years after its launch. Furthermore, with the increasing comfort level of players, the repetitive purchase of the board games also increases.

In terms of geography, EMEA accounts for the maximum market share in 2016. As people in this region are among the early adopters of board games, the penetration of these games is highest compared with other regions. However, the market in the region is expected to decline during the forecasted period as it has reached its maturity. Also, the demand for board games in this region is declining due to the economic instability that has curtailed the purchasing power of consumers. Furthermore, as the majority of the board games revenue is generated from premium board games, the decreasing buying power of the people poses a big challenge for the growth of the board games market in this region.

Competitive landscape and key vendors

The global board games market is highly fragmented and competitive due to the presence of numerous global vendors along with local vendors. Some of the challenges faced by these vendors in the market include intense competition, enhanced gameplay, and frequent changes in consumer preferences. Also, vendors are compelled to distinguish their product and service offerings through clear and unique value proposition


December 15, 2016 | 64 Pages | SKU: IRTNTR11156

Overview of the global speaker market

The global speaker market is anticipated to grow rapidly and will post a CAGR of close to 20% during the forecast period. According to the industry research report, the increasing preference for wireless streaming of audio content will drive the growth prospects for the global speaker market during the forecast period. One of the major factors responsible for the increasing sales of wireless speakers on a global level is the ability of speakers to stream audio content without wires easily. Moreover, wireless speakers do not use any wiring and consume less space when compared to home theater systems. It has been noted that these speakers also offer portability and come in various sizes and designs to suit consumer preference and requirements. Furthermore, a multitude of consumers are drawn to portable devices such as laptops, smartphones, tablets equipped with Wi-Fi and Bluetooth connectivity since these devices enable users to stream content wirelessly.

In terms of geography, the Americas accounted for the maximum market share during 2015 due to increased per capita income of the population in the US and South American countries. In addition, the growth of the market in the region is also heavily influenced by the rising adoption of wireless speakers. Moreover, countries such as Brazil and Mexico are witnessing an increasing demand for speakers due to the growing number of music streaming services. Also, the share of this segment is likely to decline during the forecast period as the market in the Americas, especially North America, is likely to reach the maturity stage between 2017-2018. However, since the region is the highest adopter of consumer electronics across the globe, it will continue to dominate the market.

Competitive landscape and key vendors

The global speaker market is highly diversified and competitive due to the


December 09, 2016 | 66 Pages | SKU: IRTNTR11075

Overview of the global underwater camera market

The global underwater camera market is anticipated to grow rapidly and will post a CAGR of close to 20% during the forecast period. The growing popularity of social networking sites will drive the growth prospects for the global underwater camera market for the next four years. With the populace's increasing preference for sharing photos and videos over networking sites, the demand for underwater cameras is rapidly growing. Factors such as advancements in technology and rising popularity of online photo communities, digital photography becomes more and more accessible to consumers. Also, with the increasing availability of editing tools in cameras, the customer’s interaction with various brands is preferentially changing. Another factor responsible for the growing demand of underwater cameras is the availability of smart action underwater cameras that allow a user to share photos and videos instantly on social networking sites and platforms. It has been noted that more than 900 billion photographs were taken worldwide in 2015, and over 10% of those images were uploaded on social media networks.

In terms of geography, the Americas accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth is the increasing awareness of underwater cameras among consumers in the region. Other factors contributing growth to this market include high disposable income and a rise in the number of diving destinations in the region. Also, it has been noted that a high number of adventure enthusiasts and adventure destinations are based in North America. During the forecast period, the underwater camera market in this region is likely to


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