The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreOct 2016
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A slew of new products, such as smart wearables and wireless speakers, and innovations such as Ultra HD TVs and convertible laptops resonate with the shift in consumer preferences. These products command higher retail selling prices, helping to boost value sales. Previously, manufacturers and retailers had been forced to resort to discounts to drive sales, undermining their profitability.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
New products such as smart wearables and innovations such as Ultra HD and convertible laptops resonate with the shift in consumer preferences, helping to boost value sales and profits due to their higher price points.
Laptops regain their place as primary devices for long-form content consumption and productivity.
Audiophiles sustain the unit prices of in-dash media players and in-car speakers but demand is depressed by connected cars.
TVs are still the main form of entertainment in emerging markets while households in developed markets are upgrading to Ultra HD, boosting both volume and value growth for manufacturers.
Huawei’s rise to the top has not only been driven by its broad distribution network and marketing prowess but also its focus on innovation.
Wireless speakers will remain a niche product category over the forecast period but consumers who do purchase are willing to pay for higher audio quality.
Apart from being equipped with additional features on top of what activity wearables can provide, cellular connectivity will also increase the appeal of smart wearables, driving value sales for manufacturers.
Wearable electronics have the greatest growth potential while store-based retailers remain dominant for “big ticket” items such as home video.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.