PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

US Consumer Electronics Market to Grow Beyond US$ 155 Billion in ‘07 - The worldwide demand for latest devices and gadgets is pushing the consumer electronics market. US, the largest consumer electronics market, is seeing intense activity and expected to exceed US$ 155 Billion this year
US Consumer Electronics Market to Grow Beyond US$ 155 Billion in ‘07

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/10/09 - The worldwide demand for latest devices and gadgets is pushing the consumer electronics market. US, the largest consumer electronics market, is seeing intense activity and expected to exceed US$ 155 Billion this year.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consumer/Shopping Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The consumer electronics market in US reached new heights in 2006 and this trend is likely to continue this year too, according to “Consumer Electronics Market Worldwide (2007)”, a recent market research report by the leading research company RNCOS. The US consumer electronics market garnered around US$ 144.5 Billion revenue in 2006, a market growth of around 13% over the previous year as against the expected hike of 8%. For 2007, the factory sales of consumer electronics in the country are estimated to rise to over US$ 155 Billion.

The comprehensive report on the global consumer electronics market attributes the growth in US market to remodeling of the industry to churn out products that consumers want to purchase, like MP3 players, Personal Digital Assistants (PDAs), High Definition TV (HDTV), and the latest in-thing, smartphones.

According to a Senior Research Analyst at RNCOS, the recent phenomenon swiping the US market is iPhone. The Apple device has become a concept in the US market rather than a smartphone. The huge success of the device has epitomized the consumer demand for converged wireless capabilities, subsuming web browsing, e-mail, Instant Messaging (IM), and audio and video entertainment.

The other must-have gadget in the US consumer electronics industry is MP3 player. The unit shipments, as per the RNCOS report, is projected to grow more than two-fold from 2005 to 2011. This year, MP3 players are expected to play hard by growing more than 14%.

The other segments that will move ahead strongly are video game consoles and consumer electronics accessory. The next-gen consoles will keep the video-game market worth watching in 2007 with more than 22.5% hike to over US$ 15 Billion. Also, the sales of consumer electronics accessory are anticipated to cross US$ 10 Billion, specifically because of an overall emphasis on portability by consumers.

The US consumer electronics market is just a component of the extensive RNCOS report - Consumer Electronics Market Worldwide (2007). The report discusses the region-wise consumer electronics markets, including major countries like UK, Germany, Japan, Taiwan, South Korea, India, China, and Vietnam. The report gives the latest information on market segmented by products and components, like LCD, DVR, DVD, IPTV, smartphones, HDD, PC notebook, etc.

About RNCOS

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Consumer/Shopping Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Consumer/Shopping articles,
CATCH Visitors via Your Competitors Announcements!


US Consumer Electronics Market to Grow Beyond US$ 155 Billion in ‘07

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Consumer/Shopping via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Consumer/Shopping Most Recent Related Newswires:

Katya Candles Participates in the First Annual GBK Charity ‘Giving’ Lounge
Leviton Introduces Five New Architectural Edition Powered by JBL® Speakers
Samsung SmartThings and Leviton Manufacturing Co., Inc. Announce Strategic Partnership to Offer Whole House Automation through Distribution Channel
OrbSense Technologies Introduces New Smart Kitchen Timer
Tie National, LLC Introduces their Sound Suite Portal As A Month to Month Packaged Solution
DealsBro.com Launches its Price Comparison Website
Den Of Goods Introduces Portable Safe Vault to Protect 'Your Valuables on the Move'
Weve Launches 'Smart Scanner' Mobile Coupons
Datalogic Announces the Joya Touch Multi-purpose Device
You Design, We Print - Prinfab® Launches An Online Fabric Marketplace
Method Lights Launches the Next Evolution in Picture Lights
The Crowder Launches New Online Service to Connect Crowdsourcers
Echo-Xpats Adds Bvlgari to its Luxury Brand Clientele
FUSS Introduces the Smart Fashion Shopping Solutions for Modern Women
JUNTO, LLC Introduces Reusable Beer Cooler Made with NASA Technology and Certified by the Space Foundation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)