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Consumer Electronics

Esports Edging its Way into Mainstream Consciousness

Esports continues to edge its way into mainstream consciousness and is becoming one of the most coveted marketing channels for brands seeking to make an impact in gaming. The competitive gaming industry is expected to breach the $1 billion threshold in 2020, an accomplishment for a largely grassroots powered industry, but a niche in the wider enter ...

Global Gaming Market Unlocking New Opportunities

Gaming in all its forms continues to enjoy lasting appeal, with worldwide consumer spend on gaming software growing to US$144 billion in 2018, according to research from Futuresource Consulting. The gaming market is currently driven by three key areas, namely uptake of the Nintendo Switch hybrid console, spend on console and PC gaming software, and ...

Virtual Assistants: A New World Beyond Smartphones and Speakers

The market for virtual assistants (VAs) continues to exhibit strong forward momentum and is now stepping beyond the territories of smart speakers and smartphones. Growing by 20% year-on-year in 2018, to 860 million units shipped worldwide, VAs are on track to exceed 2.3 billion unit shipments by 2023 according to Futuresource Consulting. APAC is t ...

Future VR Developments Driven by High-End Headsets

The head mounted display (HMD) market increased by a total of 3.3 million units worldwide in 2018, according to Futuresource Consulting. This equates to 19% year-on-year growth, and represents a dramatic slowdown when compared with 2017, when HMD unit sales grew by close to 250% over the previous 12 months. However, when looking at 2018’s market va ...

Where Next for Wearables?

After years of product development and experimentation, wearable tech has started to gather pace, building an ecosystem of connected devices that is capturing the hearts and wallets of consumers. According to Futuresource Consulting, this rapid acceleration of device uptake will result in a global market value of $108 billion by 2023. That figure w ...

Audio Everywhere: The Rise of Consumer Music Hardware

Demand for consumer audio hardware is on the rise, driven by renewed interest in music consumption and a range of technological improvements reshaping the market. Comprising home audio hardware and headphones, the value of the worldwide consumer audio market was $47.5 billion in 2018, rising to $50.8 billion in 2019. Here are the key trends to watc ...

Tech Vs Traditional Audio - A Battle That is Going Down to the Wire(less)

There is a battle at present within the audio market between tech brands, particularly Google and Amazon, and the traditional audio brands. Big tech has already emerged victorious in the smart speaker field, with Futuresource research showing Amazon and Google comprising 88% of this market, excluding China, which is dominated by Alibaba, Baidu and ...

The Battleground for our Ears: A Reflection on 2019 and Where it's Headed

2019 has been one of the most exciting years yet for headphone analysts. Earphones are evolving into a far more versatile device than ever before, and Futuresource believes the stakeholders are laying the foundations for the next generation of UI. With smartphone sales slowing and wrist-wearables finding their niche, the tech giants are preparing t ...

Google Buys Fitbit: What Does this Mean for the Wearables Industry

The announcement of Google’s acquisition of Fitbit for $2.1bn is a fundamental shift in the wearables competitive landscape and will send reverberations through the industry. Of all the major technology companies worldwide, only Apple has placed a serious emphasis on wearables and has, as a result, almost exclusively been the driving force behind s ...

Supply Chain Opportunities in a Disruptive Trade Environment

The most challenging phase of the US – China trade dispute is going to be felt on Dec 15th when the US is scheduled to implement a 10% tariff on all domestic goods and personal electronics, otherwise known as List 4B. The timing of this announcement could not have been worse for the consumer electronics (CE) sector, which is already facing growth c ...

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.