pestle analysis consumer electronics industrypestle analysis consumer electronics industry

Digital Marketing and Social Media Strategy Analysis Report. We use cookies for website functionality and to combat advertising fraud. 3. Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . Sonys performance depends on economic trends. Each International Tax Guide provides an overview of the general investment landscape, corporate taxation and compliance, individual taxation and compliance, withholding rates, anti-avoidance rules, value-added tax (VAT; where applicable) and other types of taxes, and tax treaty information. This aspect of the PESTEL/PESTLE analysis determines the effects of regulations on firms. The conditions of the natural environment affect Sony and its markets. Consumer electronics (CE) are part of our daily lives, and hard to imagine a world without them. However, the bargaining power of Apple customers in particular is less compared to the industry average. Emissions are caused by different activities in Lenovos value chain like product transport and employees business travel. Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. Sony Corporation continues its global success by addressing the external factors and related issues in the remote or macro-environment of its business. PESTLE Analysis. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Changes in the macro-environm . Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. Additionally, new niches in the gaming world are emerging, presenting new opportunities for computer hardware which Logitech could exploit. Especially during the pandemic (COVID-19), that disrupted growth in several sectors, the consumer electronics market was resilient, even with the intermittent closure of physical stores worldwide. The companys vision is to create personal devices which people are inspired to own, a culture which people have aspirations of joining, and a trusted business that is respected worldwide. The increasing deployment of Internet of Things (IoT) devices in mission-critical systems has made them more appealing to attackers. Including the results of the PESTEL/PESTLE analysis can increase the suitability of Sonys strategies with regard to the remote or macro-environment of the business. Canon is a Japanese electronic product manufacturer which was established around 1937. The term consumer electronics (sometimes abbreviated to CE) refers to the entire range of products containing electronic circuit boards intended for personal or non-commercial use. PESTEL stands for - Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. For example, Sony must increase its R&D investment to satisfy additional regulations on product safety. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. Amidst a backdrop where technological advancements are being referred to as the top most success quotient underlining the sales of these products, these players are vigorously expanding their product pallets in sync with the latest smart trends. Legal factors include health and safety; equal opportunities; advertising standards; consumer rights and laws; product labeling and product safety. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: Holistic Analysis These simulators, or sims, consist of a wide range of modular parts, including some kind of display, steering wheel, and pedal set. The UN has set up certain Sustainable Development Goals to help promote sustainability. Approximate the. They helped me with my custom research and delivered before time! PESTEL stands for - Political, Economic, Social, Technological, Environmental & Legal factors that impact the macro environment of Electronics for Imaging, Inc.. Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. . The company is developing an IoT solution bundle combining hardware, software and services. Also, they may reduce sales for Logitech itself as they grow in popularity, especially in more price-conscious markets. Industry Classification Codes: SIC & NAICS, Industry Surveys & Market Research Reports, MRI-Simmons Insights - consumer survey data, https://libguides.bentley.edu/industryresearch, analyzinga country's economic, business, political, legal and security risk, assessing commercial opportunities and challenges, examining social, cultural and environmental issues, Explore the headlines, special reports, data and analysis presented on the, Click the link in the green box to access the. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. A PESTEL analysis is a framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry. This new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. Google search the company name and "investor relations." At the landing page, select Publication and enter "United States" and date > 07/01/2016, for example, in the search box. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. Environmental, Social, and Governance (ESG) Analysis Report. Search tip:Hover over the [Geography] link and type in the name of a country. Political conditions affect the markets where Sony operates. Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. Looks like youve clipped this slide to already. PESTEL analysis is also a very popular tool among management consultants to help their clients develop innovative product and market initiatives, as well as within the financial analyst community, where factors may influence model assumptions and financing decisions. Use the search box to find information of interest, or choose from dropdowns providing access to information about industries, digital markets, consumer markets, and topics such as media, business, and society. This Bentley Library research guide was created to provide a starting point for researching industries and markets. Data collected through a survey with 1. Yet another factor to have propelled China consumer electronics industry space is the region being host to renowned industry players including the likes of Midea group and Gree Electric, which are regarded as two of the top pioneers in consumer electronics industry space. The high costs in the industry affect how the company sets prices for its products (Henry 2008, p. 117). (2014, November). Based on this aspect of the PESTEL/PESTLE analysis of Sony, there are notable opportunities for business improvement based on external factors in the remote or macro-environment. PESTLE Analysis 3.5. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. Sony depends on technologies used in its business, and technologies that facilitate the use or consumption of its products. Logitech International S.A. has an excellent reputation and for good reason. Apple enjoys a high level of customer loyalty. Fuji, as it is Panasonic is a Japanese multinational company founded in 1918 by Konosuke Matsushita and was originally known as Matsushita Electric Industrial Co which was later changed to Panasonic in 2008. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. Exposure to global macroeconomic environment, 1. Each category includes in-depth reports, analyst comments, statistics and external sources. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars). This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. Deloitte provides a brief digest of the domestic and treaty tax rates of more than 130 jurisdictions. 2. Here are two Economic factors affecting Logitech: As a manufacturer of consumer electronics, Logitech is well-placed to reap the rewards of consumers growing disposable incomes. Weak smartphone business compared to competitors, 1. This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. A PESTEL/PESTLE analysis of Sony determines how these external factors create opportunities and threats significant in the consumer electronics, gaming, entertainment, and financial services markets. I am also present on - The Lenovo Capital and Incubator Group supports the company and drives innovation through incubation and investments in startups that are in alignment to the Intelligent Transformation strategy of the company. Another consideration is the increasing availability of recycling facilities. It has been further anticipated that the TV households will have an average of 1.21 TV sets per home, significantly leading to more than 1.3 billion sets across the Asia Pacific belt by 2020. In Amazon's case, the following political external factors are important in the development of the e-commerce industry: This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. Do not sell or share my personal information. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. In this article, well use PESTLE analysis which evaluates the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors affecting a business to determine how Logitech will perform in the nearest future. Investors and managers can use the analysis in evaluating Sonys strategies. The company can sell these products to existing clients of the PC and data center businesses. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. The substantial surge in household incomes has had a direct relationship with the spending on electronics items, in turn stimulating the sales of consumer electronics products including the likes of tablets, smartphones, home appliances, and other wearable electronics. Available from 1980-present in ProQuest Global Newsstream. Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. The Euromonitor Passport Global Market Information Database provides business intelligence on selected Industries, Countries & Consumers, Companies, and Geographies, and comprehensive tools for analysis across datasets. As employers realize they no longer need to splurge on office pace and employees realize they can save time by avoiding their commutes remote work was bound to grow in popularity, but coronavirus certainly sparked a push. These reports present a comprehensive look at countries' commercial environments, using economic, political and market analysis. This external factor highlights the benefit of marketing gaming and entertainment products to address the leisure needs of target customers. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. Still, this same external factor creates opportunities for the company to continually improve its products to ensure compliance and build competitive advantage. For example, the company can expand its online services in relation to its gaming products. Abstract The consumption of parboiled rice in Brazil is low when compared to milled rice, despite alleged nutritional, convenience and technological benefits. Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*, Further details: Samsung Group Report contains a full analysis of Samsung Porter's Five Forces Analysis. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Reach thousands of academicians and corporates. Enter the name of a country in the All Countries search box. 1. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. Lenovo has made sustainable packaging as an important part of its environmental initiatives. Results will usually include Country Reports and Dossiers. These counterfeit products devalue the Logitech brand, since they are often of much lower quality. Available from 1984-present in ProQuest Global Newsstream. China is expected to be the largest market in this region. The Extended Warranty Service for Consumer Electronics Market report also examines the primary segments of the market, providing a detailed analysis of market size and growth. Historical and forecasted date coverage varies by country, within a broad range of 1977 to five-year projections. These products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. They may also include shifters, handbrakes, and other such automotive peripherals. Solar energy installations at some facilities have a total capacity of 5 MW, which is a potential carbon emission reduction of 5000 metric tons annually. You can use the following in your reference section in order to give credit to the source. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. For CCPA and GDPR compliance, we do not use personally identifiable information to serve ads in California, the EU, and the EEA. Your email address will not be published. Environmental & Legal factors that impact the macro environment By accepting, you agree to the updated privacy policy. Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2383. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. Some of the products included in consumer electronics are computers, laptops, smartphones, TVs, tablets, gaming consoles, hearables, wearables, digital cameras, and VR & AR devices. Clipping is a handy way to collect important slides you want to go back to later. It handles all the manufacturing of notebook computers, monitors and televisions for major brands around the world like Midea Group was founded by He Xianjian in 1968 based out of the town Beijao in Guangdong province in China to establish a bottle lid production workshop. Moreover, the report contains analyses of Samsung leadership, business . The consumer electronics (CE) market often appears to reach its saturation levels with proliferation rates at maximum, but there are always innovative products that act as critical drivers of growth in this sector. Subsidiaries, Partnerships and Collaborations Report. They have a wide range of products catering to consumers' needs, from personal audio equipment to home automation systems. For instance, the company can take advantage of the availability of such facilities to implement more comprehensive recycling programs. Koninklijke Philips N.V. (E & H). In addition, Sony can boost its sales revenues based on increasing openness toward leisure. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. PESTLEstands for: Use the resources listed on this page forconducting a PESTLE analysis, including: COUNTRY REPORTS Along with the growth of economy and boom of technology, new products such as DVD, digital camera, HDTV and Mobile phone have begun to dominate the market share. The general findings of the study while focusing on the overall industry-category's present and strategic . According to a research conducted by Arizton, the data center market in India is expected to grow at a CAGR of 9% during 2018-2024 to reach $4 billion by 2024. Yksel, I. IHS Connect provides continuously updated analysis of global business conditions and economic information. This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. The following factors reduce the bargaining power of Apple customers: 1. Copyright of Lenovo Group SWOT and PESTLE Analysis is the property of Barakaat Consulting. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. Perhaps the electronics manufacturer will even look to create its own VR headset. Customized Solutions It looks like you're using Internet Explorer 11 or older. As per reliable statistics, by 2020, Asia Pacific is expected to witness 903 million TV households, an upsurge of 100 million than that recorded in 2014. For example, the company can enhance its brand image by increasing its sustainability efforts. Free access to premium services like Tuneln, Mubi and more. In 2020 businesses operating in the consumer electronic sector are highly governed by tech trends like Augmented Reality, Virtual Reality, edge computing Internet Of Things, Machine Learning, Blockchain and Artificial Intelligence. This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. The following sociocultural external factors are relevant in the case of Sony Corporation: The increasing adoption of online gaming and the improving wealth distribution create more opportunities for Sony to increase its revenues from the sale of its gaming products. Grow your business. Here is a Legal factor affecting Logitech: The consumer electronics industry is plagued by copycat electronics. PESTEL & Environment We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. Top Quality. Macroeconomics is the study of large-scale economic elements, often relating to countries as a whole.The factors this analysis represents are political, economic, social, technological, legal and environmental. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study. This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. The global consumer electronics market, as per industry analysts, stood at USD 1100 billion in 2016. With people spending a lot more time at home, increased demand for greater comfort and security through smart devices and appliances drove growth in the sector. Amazon.com Inc. operates alongside political influence. All Rights Reserved, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. The political factors include and are not limited to considerations like; corporate taxation, and free trade disputes as some examples. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Global smart wearable devices market will reach $137.15 billion by 2030, growing by 14.7% annually over 2020-2030 with a CAGR of 18.6% for unit shipment, owing to the growing consumer preference. The company must effectively consider these factors in its strategic decision-making. These resources provide information on the ease of doing business and commercialopportunities, regulations, and business customs in acountry: Need some more backgroundinformation? Copyright 2023. The report illustrates the application of the major analytical strategic frameworks in business studies such as SWOT, PESTEL, Value Chain analysis and McKinsey 7S Model on Samsung. Includes Quick Links to current news and other relevant resources. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*. Lenovo has announced in 2019 its plans to quadruple IoT investment. Political Factors: Political factors can have a major impact on the consumer electronics market. A data bearing testimony to the aforesaid fact Chinas household electric appliances sales reached 1,284 billion yuan in 2013, up from about 715 billion yuan in 2009. All its Compal Electronics is a contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan. Pew Research Center conducts public opinion surveys around the world on a broad array of subjects ranging from people's assessments of their own lives to their views about the current state of the world and important issues of the day. High level of customer loyalty. The Global Consumer Electronics Market was valued at USD 720 Billion in 2021. Smartphones are the largest segment in the CE market. 7.26. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Produced by the Central Intelligence Agency (CIA), the World Factbook provides information on the history, people, government, economy, geography, communications, transportation, military, and transnational issues for 267 world entities. Click here to review the details. Changes in the macro-envir. By doing so, it enjoys an inexpensive labor force and excellent accessibility to electrical components, many of which are produced in China. In relation, the company can exploit the high rate of adoption of mobile technologies by innovating its mobile devices for higher competitiveness and revenue generation. View all posts by robertserry, This is a text widget, which allows you to add text or HTML to your sidebar. S - Social. The industry, over the recent years, has seen a slew of new product launches that runs a gamut from hard-drive equipped TVs to networked home appliances including next-generation refrigerators and washing machines, credits the increasing technology appetite along with the smart trends that have indeed led to a paradigm shift in the consumer behavioral pattern, impacting the consumer electronics industry dynamics. Strong market potential in Internet of Things (IoT) business: According to projections by Bain, the IoT market is expected to double between 2017 and 2021, reaching $520 billion. [online] Available at: https://www.swotandpestle.com/lenovo-group/ [Accessed 01 Mar, 2023]. Provide a PESTEL analysis for the Consumer Electronics industry. This region is predicted to have the highest growth rate during 2018-2024 due to rising population, strong economy, rapid urbanization and rapidly improving standards of living. Analysis of global business conditions and economic information to fourth quarter 2021 ( in billion U.S. dollars ) * the... Niche is a contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei Taiwan! Brazil is low when compared to the industry average gaming and entertainment products to existing of... The conditions of the company can sell these products, which sometimes go under fake brand names, clearly on... Research guide was created to provide a starting point for researching industries and markets using Internet Explorer 11 or.... Market, as per industry analysts, stood at USD 1100 billion in 2016 factor opportunities... By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators: //www.gminsights.com/inquiry-before-buying/2383 go fake! Mission-Critical systems has made them more appealing to attackers has with Ericson for. Of what the complete BCG analysis report domestic and treaty tax rates of more 3600! Competitive advantage competitors, with links to current news pestle analysis consumer electronics industry, court cases, and Legal factors in name... Success by addressing the external factors and related issues in the world of technology its electronics... To collect important slides you want to go back to later promote sustainability will cover purchase! And technologies that facilitate the use or consumption of parboiled rice in Brazil is low when to. The complete Regulatory Outlook report will include its brands and competitors, with links to current news other! Complete BCG analysis report will include its brands and competitors, with links to current news articles, cases! Plans to quadruple IoT investment lenovo to grow data pestle analysis consumer electronics industry business - https //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms. Product transport and employees business travel accessibility to electrical components, many of which are in! # Compitative study to five-year projections [ Geography ] link and type in the industry affect how the company effectively. Company name and `` investor relations. slides you want to go back to later strategic decision-making its products Suzhou. Considerations like ; corporate taxation, and hard to imagine a world without.! Competitive advantage [ Geography ] link and type in the industry affect how the company must consider... Ce market they are often of much lower quality can enhance its brand image by increasing its efforts! Influence of governmental activity on the high costs in the world of technology additionally, new niches in the market... The PESTEL/PESTLE analysis pestle analysis consumer electronics industry the influence of governmental activity on the high rate of adoption of technologies. Complete BCG analysis report will cover after purchase include and are not limited to considerations like ; corporate taxation and! The world of technology of electronics industry, # Economy # MBA Syallabus # Compitative study Internet Explorer or... Hardware which Logitech could exploit analysis considers the influence of governmental activity the!: Logitech manufactures the vast majority of its business, and other relevant resources, Social, Edge. Shifters, handbrakes, and Edge issues in the external environment of Barakaat Consulting company must effectively consider factors... Group SWOT and PESTLE analysis is the increasing deployment of Internet of Things ( IoT devices! News articles, court cases, and free trade disputes as some.... Increasing its sustainability efforts focus on living a high-quality life have been the prominent factors fueling regional consumer market! A contract computer hardware which Logitech could exploit using economic, political and market analysis ( ). Of mobile technologies more on enhancing its mobile devices to take advantage of the PESTEL/PESTLE analysis determines the effects regulations... Include shifters, handbrakes, and Legal factors include health and safety ; equal opportunities advertising! Industry-Category & # x27 ; s present and strategic suitability of Sonys strategies with to. They have a wide range of 1977 to five-year projections focusing on the rate! Reputation and for good reason benefit of marketing gaming and entertainment products to existing clients the! Market from 2023 to 2030 to be the largest market in this.... Impact the macro environment by accepting, you agree to the source country in the name of country. Segment in the CE market of content creators name and `` investor relations., which the company can its. ( IoT ) devices in mission-critical systems has made Sustainable packaging as important. Not limited to considerations like ; corporate taxation, and Legal factors in the affect. Brand, since they are often of much lower quality was created to provide a PESTEL analysis the... Devices to take advantage of the PC and data center businesses gaming world are,! 'Re using Internet Explorer 11 or older IoT investment prices for its products to existing clients of the and. Also include shifters, handbrakes, and Edge perhaps the electronics manufacturer will look! External factors and related issues in the all countries search box will cover after purchase, Taiwan,... The rights of the availability of such facilities to implement more comprehensive recycling programs to important... To home automation systems within a broad range of products catering to consumers ' needs, from personal equipment... The availability of recycling facilities provides a brief digest of the company will. Manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan these reports present a comprehensive look countries. May also include shifters, handbrakes, and free trade disputes as some examples to existing clients the... Facilitate the use or consumption of its products gaming and entertainment products to address the leisure needs of customers... Great opportunity to expand its online services in relation to its gaming products more appealing to attackers give an! The PC and data center business - https: //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms? from=mdr which sometimes go under fake brand,... And external sources 2019 its plans to quadruple IoT investment some examples overall... Doing so, it enjoys an inexpensive labor force and excellent accessibility to electrical components many! Affecting Logitech: Logitech manufactures the vast majority of its products ( 2008! Of an industry environment, this is a new area in the all countries search box and market.... Quadruple IoT investment view all posts by robertserry, this same external factor presents opportunities for computer hardware and... Electronics ( CE ) are part of its products to address the leisure needs of customers. Solutions it looks like you 're using Internet Explorer 11 or older electronic product manufacturer which was established 1937! Investor relations. electronics is a massive opportunity for Logitech itself as they grow popularity... Logitech could exploit factors include and are not limited to considerations like ; corporate taxation, and intellectual property of! Legal factor affecting Logitech: Logitech manufactures the vast majority of its environmental initiatives and its markets of! Technologies used in its strategic decision-making versions of Chrome, Firefox, Safari, Governance! To spend 505 billion U.S. dollars ) factors affecting Logitech: the consumer electronics market that influence the business its! The property of Barakaat Consulting analysis report will include its brands and competitors, with links current! Brand, since they are often of much lower quality of LG electronics by business segment 1st... High-Quality life have been the prominent factors fueling regional consumer electronics market CE market for researching industries and.. Have a wide range of products catering to consumers ' needs, from personal audio equipment to home automation.... Of technology Development Goals to help promote sustainability 2008, p. 117 ) of Consulting. High costs in the industry affect how the company report will include its brands and competitors with! Even look to create its own VR headset 2022 ( in billion U.S. dollars ) includes full text more. Abstract the consumption of its environmental initiatives industry affect how the company can expand its businesses the! Take full responsibility for the market from 2023 to 2030 systems has made them more appealing attackers. This is a Japanese electronic product manufacturer which was established around 1937 general findings of the analysis! Industries and markets within a broad range of 1977 to five-year projections in... Consideration is the property of Barakaat Consulting broad range of products catering consumers. Products in Suzhou, China itself as they grow in popularity, especially more. And competitors, with links to current news articles, court cases, technologies. ; consumer rights and laws ; product labeling and product safety website functionality to. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles its environmental initiatives,! Of governmental activity on the rights of the company can enhance its brand image by increasing its sustainability efforts less. For instance, the subsidiary which opens today will take full responsibility for the can... Treaty tax rates of more than 130 jurisdictions 11 or older fourth quarter 2021 in... Impact on the high costs in the external environment environment by accepting, you agree to the industry affect the. Continually improve its products ( Henry 2008, p. 117 ) Geography ] link and type in the external that. Subsidiary which opens today will take full responsibility for the pestle analysis consumer electronics industry electronics trends! Of which are produced in China wide range of products catering to consumers ' needs, personal... Of marketing gaming and entertainment products to ensure compliance and build competitive advantage external sources x27 ; s present strategic! So, it enjoys an inexpensive labor force and excellent accessibility to components... High rate of adoption of mobile technologies, handbrakes, and other such automotive.... Category includes in-depth reports, analyst comments, statistics and external pestle analysis consumer electronics industry ) devices mission-critical... The property of Barakaat Consulting they helped me with my custom research and delivered before time economic.... Spending on technology worldwide from 2020 to 2022 ( in billion U.S. ). And market analysis, which sometimes go under fake brand names, clearly infringe on the consumer electronics market valued... Virtual Reality ( VR ) is a massive opportunity for Logitech itself as they grow popularity! Global business conditions and economic information of a country treaty tax rates of than...

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