Luxury Portable Consumer Electronics

When it comes to luxury phones, most people prefer to opt for tried and tested high-end smartphones. Many affluent consumers do not see the value in spending a great deal of money on a luxury mobile phone when a newer, more up-to-date phone may hit ...

Sales of luxury portable consumer electronics have recorded such a steep decline since Vertu’s exit that they are now considered negligible. Vertu is no longer present in Thailand after its two boutiques at Gaysorn Village and Siam Paragon closed ...

Luxury smartwatches are registering strong growth in Mexico thanks to good performances from wearables such as Michael Kors Access, Montblanc Summit and TAG Heuer Connected. Luxury timepiece manufacturers are banking on maintaining their positioning ...

In the review period, luxury portable consumer electronics was expected to perform better in Germany due to the availability of more advanced technology and the overall premiumisation taking place within personal luxury. However, this niche category ...

With connectivity becoming an increasingly important feature of consumers’ everyday lives, and rising numbers of consumers staying connected to more than one device, India is seeing a surge in demand for smart wearables. Meanwhile, devices such as ...

Following a major decline in sales in 2017 due to the liquidation of previous sales leader Vertu, luxury portable consumer electronics is now recovering. Indeed, current value sales grew at a healthy rate in 2019, with luxury wearables performing ...

Luxury goods represent a niche of overall sales of portable consumer electronics in South Africa, as they appeal to a limited group of people, namely connoisseurs and those with the discretionary income to purchase such items given their hefty price ...

Luxury mobile phones continued to post rapid declines in volume and current value sales in 2019, and looks set to disappear completely from the Australian market early in the forecast period. Vertu, the only significant player in the category, ...

The luxury portable consumer electronics category saw a resurgence of growth in 2019, with a notable improvement in performance compared with the previous year. However, this was part of a recovery, as the category was affected by the trade war ...

Following the collapse of the British luxury mobile phone brand Vertu, the only major brand in luxury portable consumer electronics, in 2017, the category now consists solely of luxury wearables. With consumers having rejected luxury mobile phones in...

Sales of luxury portable consumer electronics emerged in Canada over the review period, but growth is predicted to be single-digit over the next few years, which will keep the sales base low. Luxury wearables is the only category seeing new product ...

Luxury portable consumer electronics continued to record very low sales levels in 2019. Ostentatious displays of wealth continue to be frowned upon in Sweden and functionality remains more important when it comes to electronics. As a result, luxury ...

With the demise of Vertu in 2016, luxury mobile phones have struggled to maintain momentum over the last few years. The common characteristics of luxury phones include enhanced security features, luxurious and expensive decoration and very high ...

Sales of luxury portable consumer electronics in Romania were negligible in 2019....

Luxury portable consumer electronics has been nigh on non-existent in Ukraine since Vertu Corp’s bankruptcy in 2017. Vertu’s departure left the only hitherto significant category, luxury mobile phones, without a recognisable player. Luxury portable ...

Luxury portable consumer electronics is expected to post positive growth thanks to the continued rising popularity of luxury wearables. More investment is expected over the forecast period in the launch of innovative products. To maintain consumer ...

Sales of luxury portable consumer electronics in Russia continued to be comprised of luxury wearables following the exit of luxury mobile phones at the end of 2017, following Vertu’s bankruptcy. With the continual development by smartphones in terms ...

Although current value growth returned to luxury portable consumer electronics in 2019, there were very different performances seen by the two categories. The highest growth and the vast majority of sales is comprised of luxury wearables in the form ...

2019 saw luxury mobile phones continue to struggle to meet the challenges posed by the availability of domestic brands offering both more affordable pricing and more advanced technology. The roll-out of 5G technology was a prominent issue at the end ...

Overall portable consumer electronics continued to see current value growth in 2019, and indeed saw the highest growth within personal luxury. However, luxury mobile phones experienced a further decline, with Vertu’s bankruptcy and disappearance from...