Consumer Electronics

Format: 2017-02-21
Format: 2017-02-21
February 14, 2017 | 62 Pages | SKU: IRTNTR11953

Overview of the global smart plug market

According to the analysts at Technavio, the global smart plug market is anticipated to grow rapidly and post a CAGR of close to 38% during the forecast period. The growing demand for energy-efficient household appliances will drive the growth prospects for the global smart plug market until the end of 2021. It has been observed that the built-in smart appliances used in smart homes are generally quite expensive. Since smart plugs are the cost-effective alternatives for built-in smart appliances, there will be a considerable increase in their sales volume in the coming years due to the growing demand for energy-efficient appliances at smart homes. Furthermore, the regulations released by regulatory agencies such as ASHRAE, BEE, and DOE will drive the demand for smart plugs during the forecast period.

The promotion of smart plugs through trade exhibitions will drive the growth prospects for the global smart plug market for the next four years. Also, it has been estimated that several smart plugs with upgraded software and technology will be launched during the forecasted period as the scope for innovation for these plugs is very high. These vendors will increasingly involve in promotional campaigns, digital marketing campaigns, and customer engagement through social media to market their smart products, which will help them increase sales volume and improve profit margins.

Competitive landscape and key vendors

The


February 14, 2017 | 82 Pages | SKU: IRTNTR11967

Overview of the global massage equipment market

Technavio’s market research analyst predicts the global massage equipment market to grow steadily at a CAGR of around 6% by 2021. One of the primary drivers for this market is the rising need to reduce stress and illness. Health issues like backaches and cervical pain have become increasingly common among people who sit for prolonged periods of time. Also, low physical activity can lead to medical conditions like deep vein thrombosis, type 2 diabetes, cardiovascular problems, and obesity. Owing to the increasing rate of these illnesses, people are increasingly giving importance to health issues and are looking for solutions and activities that can help them get relief from pain and stress. This has led to an increase in the adoption of health and fitness equipment, such as electric massagers. They help the body to release good hormones like endorphins and serotonin that promote relaxation and destress the body. The growing demand for such health and fitness products is likely to boost the revenue growth of the global massage equipment market during the forecast period.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years as well. The availability of advanced electronic devices like smart feature-enabled electric massagers is one of the key drivers of the market growth. The US and Canada are the major revenue contributors in this region. However, South American countries like Brazil, Chile, and Peru are witnessing a rapid increase in the demand for massage equipment; this will further augment growth in the massage equipment market in the coming years.

Competitive


February 06, 2017 | 69 Pages | SKU: IRTNTR11855

Overview of the global portable speaker market

The global portable speaker market is anticipated to grow at a steady rate and post a CAGR of more than 11% during the forecast period. The rise in number of smart homes will drive the growth prospects for the global portable speaker market until the end of 2021. Smart homes connect all consumer electronic devices, media and entertainment gadgets, and other smart electronics to the home network. Furthermore, to facilitate the communication between the devices connected to the home network, wireless portable speakers are used to enable easy streaming of content like music and videos. Moreover, with the growing need for energy savings, convenience, and connectivity between various devices in a smart home, the demand for portable speakers will continue to grow. Furthermore, initiatives from the governments of various countries to promote smart homes for a better living that will eventually drive the demand for portable speakers.

The advent of cloud-hosted music streaming services will drive the growth prospects for the portable speakers market during the forecasted period. The growing adoption of cloud-hosted music services will increase the applications of portable speakers on a global level. Cloud computing has significantly enabled users to shift from the trend of using devices like cassettes, CD players, and iPods to an access-based approach. This approach allows the subscribed users to access digital content


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


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