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Consumer Electronics

Ikea Enters the Smart Home Market

In March, Ikea, the world’s largest homeware retailer based on physical geographic footprint, entered the retail smart home market with a range of connected lighting called Trådfri ("wireless" in Swedish), designed to be “simple, affordable and accessible”. The full range comprises of four lightbulbs, three light panels, five cabinet lights (illumi ...

LeEco $2 Billion Acquisition of Vizio Called Off

It was officially announced this week that the proposed $2 billion purchase of Vizio, the second largest TV vendor in the US, by LeEco, China’s 2nd largest SVoD service, will not go ahead. Official reasoning for abandoning the acquisition was “regulatory headwinds” regarding overseas investment and capital for Chinese firms. However, there are reas ...

Centrica: A Case Study in Connected Home Innovation

Energy supply and service giant Centrica PLC recently announced profits in 2016, which topped £1.5/$1.9 billion, on a turnover of £27/$34 billion. The FTSE 100 company owns a range of brands including: British Gas, Hive, Bord Gáis Energy (Ireland), Direct Energy (USA) and Dyno and has placed strategic focus on Connected Home, as outlined in its pub ...

VPA (Voice Personal Assistants) Competition in 2017

Futuresource expects voice control to largely disrupt how we interact with our electronics – from controlling our in-car-entertainment, white goods or smartphones, voice is making an impact. With four main contenders in the English language VPA race, Siri, Alexa, Cortana and Google Assistant, there is a lot of ground to fight for, with no clear win ...

The Day of the Smart Appliance is Finally Dawning

Smart appliances have been available for many years without making much impact on the $74 billion worldwide laundry and refrigeration market, but research from Futuresource Consulting indicates that this may be about to change.Currently, <2% of the worldwide market for laundry and refrigeration is accounted for by smart devices, even though the ...

Do-It-Yourself Consumer Electronics

Do-It-Yourself (DIY) is a trend we see growing in Consumer Electronics as consumers seek to refresh, enhance, and even create their own CE devices, supported by online tutorials, online component marketplaces and a rapidly growing base of coding-savvy consumers.We have seen connectivity penetrate home and personal CE devices; however the scope of w ...

Wearable Tech Market Loses Momentum

Q4 punctuated a disappointing year for wearable device sales, as connected watch sales failed to fill the void left by slowing fitness devices – despite functionality and brands shifting to the newer category.A total of 90 million units of wearable devices were shipped to the market, reaching a retail market value of $14.2 billion. It was the first ...

Mobile Industry Forced to Work Harder to Maintain Growth

With worldwide shipments increasing by a factor of twenty over the last ten years, the smartphone has become one of the most successful products in consumer electronics today. 2017 will see the point at which over half of the world’s population owns a smartphone, far surpassing the peak of feature phone penetration, which did not reach more than 40 ...

Harman Brings Samsung Leadership in Connected Car Market

Samsung has made an offer worth around $8 billion to acquire US audio/automotive specialist group Harman International. The deal will jump-start Samsung in the global automotive infotainment market, which Futuresource values at around $30 billion (including telematics and navigation), as well bringing Harman's stable of consumer and professional au ...

The Consumer World of 360 Video Capture

2016 has seen the launch of lower cost virtual reality (VR) headsets and the availability of 360 video experiences without headsets on sites like YouTube and Facebook. This is creating a heightened interest in 360 video capture. Initially VR capture was made possible only with high end professional cameras like the Nokia Ozo, at a cost of 60,000 US ...

About Us

Here at Futuresource Consulting we deliver specialist research and consulting services, providing market forecasts and intelligence reports. Since the 1980s we have supported a range of industry sectors, which has grown to include: CE, Broadcast, Entertainment Content, EdTech and many more.