Consumer Electronics

Media streamer market faces downward pressure, though some growth remains

According to a new industry report from Futuresource Consulting, consumer interest in these standalone video content streaming devices has been impacted by ongoing economic difficulties, as well as the growing ownership of smart TVs. Yet while the specialist research firm anticipates demand to decline across the forecast period, it also highlights some areas of market growth and pockets of opportunity for vendors.

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Author: Sophie Harding

Home audio market still struggling, but volume and value growth on the horizon

Home audio hardware continues to face challenges in the post-COVID world, with global volume and value both decreasing in 2023. That’s according to the latest market report from Futuresource Consulting; however, the research firm also notes that the sector will begin to make positive progress over the next few years.

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Author: Kavish Patel

AI: Are we nearly there yet?

Leading companies are making transformative steps in Artificial Intelligence (AI) throughout 2024, as the technology continues to penetrate virtually every aspect of computing. The advent of pre-trained transformer models has revolutionised the AI discipline. Meanwhile, the semiconductor industry is making astonishing progress in designing silicon chips with processors specifically engineered to execute AI-based tasks more efficiently. 

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Author: Simon Forrest

Global TV market emerges from challenging chapter as future growth anticipated

TV shipments and the sector’s worldwide market value both diminished in 2023, according to the latest outlook report from Futuresource Consulting. Yet the specialist research firm expects the market to stabilise this year and achieve volume growth from 2025 onwards. 

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Author: James Manning Smith

Consumer headphones market posts 4% revenue growth in shifting global landscape

In 2023, a year that witnessed changing consumer trends and regional shifts in demand, the global headphones market achieved 4% revenue growth. That’s according to the latest worldwide report from Futuresource Consulting, which breaks out six regions and 19 countries, to provide a comprehensive view of the consumer headphones terrain. 

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Author: Saranraj Mathivanan

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