Connectivity, Smart Home and Sustainability at IFA2022 Berlin
Valeriya Sorokina
IFA 2022 Berlin took place in a physical space for the first time after a three-year break. The conference featured the latest product innovations and industry hot topics, and also allowed experts to get back together. The 2022 IFA conference revolved around three themes, as expressed by IFA’s Senior Vice President David Ruetz in his opening speech – connectivity, smart home and sustainability.
Trends Impacting Forecast Sales of Consumer Electronics
Veronika Kandusova
The latest consumer electronics research shows that retail value sales are projected to register a 4% CAGR over the forecast period worldwide, despite inflationary pressure and global supply chain constraints causing havoc globally. What are the factors that are driving the growth of consumer electronics as the world transitions to the new normal?
New Business Models: From Connectivity Boom to Pandemic Dynamism and Inflation Surge
Ian Bell
Only 55 companies have remained on the Fortune 500 list continuously since its inception in 1955. In that year, GM was the biggest company in the world. 70 or so years later, Wal-Mart, a discount store, is the biggest, while GM filed for bankruptcy in 2009. A generation ago, a “Kodak moment” referred to a picture-worthy moment. Today, it is widely used to describe companies that failed to adapt to market disruptions. Clearly, companies need to innovate their products and business models to survive.
Apple Inc: Focus on Services to Grow User Base
Tim Vattmann
Apple achieved its highest ever sales in 2021, despite global macroeconomic challenges. The company is shifting its business towards services, a strategy intended to avoid overreliance on sales of iPhones and to grow the company's user base.
Samsung in Consumer Electronics: From Products to Ecosystems
Veronika Kandusova
Samsung enjoyed a stellar 2021, as high demand continued to be driven by pandemic-related interest in TVs, smart wearables and headphones. To fight competition from China, Samsung offered affordable 5G lines of smartphones. The company also invested in the Samsung Galaxy ecosystem and service development, to maximise cross-selling and as a further challenge to Apple.
5G Adoption and Availability in the United States
Euromonitor International
The much anticipated rollout of high-speed 5G networks in the United States began in earnest in 2019 when many of the nation’s wireless carriers began offering coverage in large cities. Urban areas like Chicago, Los Angeles and Atlanta were the first…
AI & Big Data Leaders Summit Hong Kong 2019
Euromonitor International
The AI and Big Data Leaders Summit were hosted by Forward Leading at the Hyatt Regency Hotel Tsim Sha Tsui, Hong Kong on the 5-6th November. At the two-day event, 42 speakers came from a wide variety of backgrounds, ranging from finance to creative…
Google Acquires Fitbit for $2.1 Billion
Euromonitor International
Tech giant Google announced that it would buy Fitbit, a leading wearable electronics manufacturer, for $2.1 billion today. The move marks Google’s second high-profile investment in wearable technology this year, after its January 2019 $40 million…
Smart Living Innovation at KES 2019
James Kang
Korea Electronics Show (KES) is the largest electronics show in South Korea and has been running for 50 years. Innovative technology was a key factor at KES, showing how advanced technology will enhance smart living in the future. LG and Samsung ran…