Consumer Electronics Insights Category

China’s storage giants disrupt global memory market amid economic slowdown

The global storage market is moving through a period of profound change, with shipments of HDD, SSD and DRAM all experiencing double-digit volume decline in 2024. That’s according to the latest quarterly storage report from Futuresource Consulting, which reports year-on-year contractions of 13% for external HDD, 17% for internal HDD, 21% for SSD, and 16% for DRAM.

Date Published: 25 Mar 2025

Author: Jing Xu

Consumer Electronics

The rhythm of choice: new Futuresource research explores headphone and soundbar buying decisions

Futuresource Consulting has blended its latest round of international consumer research with its comprehensive market data and expertise, to reveal the buyer journeys that will shape the future of the headphone and soundbar markets.

Date Published: 12 Mar 2025

Author: Tom Bartlett

Consumer Electronics

World Hearing Day 2025 and the role of innovation in hearing health

On World Hearing Day, not only should we acknowledge the challenges that surround hearing health, but we also need to look to the transformative potential of technology in addressing them. With 487 million people projected to experience hearing loss by 2028, and 38% under the age of 50, the urgency to drive awareness and accessibility has never been greater. Yet, only 8% of those affected own a hearing device, highlighting a critical adoption gap.

Date Published: 03 Mar 2025

Author: Saranraj Mathivanan

Consumer Electronics

Industries braced as the EU AI Act starts to prohibit AI practices

As one of the world's most comprehensive AI regulations, the European Union's Artificial Intelligence Act (the EU AI Act) officially came into force in August 2024, regulating activities across the full AI lifecycle to ensure fair and ethical usage, safeguard fundamental rights and create a transparent AI ecosystem.

Date Published: 03 Feb 2025

Author: Simon Forrest

Consumer Electronics

Luxury audio market to reach $4.3 billion by 2028 as high-net-worth consumers drive 8% CAGR growth

The luxury audio market is entering a new phase of growth, shaped by shifting economic conditions, changing consumer behaviours and a renewed appetite for high-end experiences. That’s according to a new report from Futuresource Consulting, which provides a comprehensive assessment of the sector, the opportunities and the future outlook.

Date Published: 21 Jan 2025

Author: Guy Hammett

Consumer Electronics