A succession of attractive new products, along with falling prices and increased capabilities, has helped make the consumer electronics (CE) market seemingly impervious to economic ups and downs around the world, says a new report from In-Stat. Strong CE sales are expected to continue for several years, with total shipments increasing from 2.1 billion units in 2006 to 3 billion units in 2010, the high-tech market research firm says.
"The combination of new, popular devices and consistently lower prices leads to increased consumer purchases," says Brian O'Rourke, In-Stat analyst. "Currently driving the market are devices such as digital televisions, DVD recorders, cellular phones, and portable digital audio players (MP3)."
Recent research by In-Stat found that in the next few years blue laser players and recorders are expected to have a significant impact on the market. Also, it is expected that Europe, Asia/Pacific and Rest of World regions will lead in annual growth rates through 2010. Portable digital audio player are expected to show significant worldwide growth of 41.8 percent annually, with the growth spread throughout all regions.
to Daily News