Description
The video devices market is shifting
the way users interact with their phones, televisions and computers. Video
devices market includes video-enabled consumer electronic devices such as video
game consoles, smart TVs, blue-ray players. In addition IP streaming devices,
set top boxes and tablets are important segments of video devices market. Smart
phones account for nearly half of total market units at present and is expected
to continue to rule the global market over the forecast period.
To
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A constant shift toward long-form
online video consumption has been motivating first-time purchases of video
devices. Consumer appetite for personalized and online content including
live TV and on-demand, anytime and on multiple screens is expected to remain a
major factor driving the video devices market. In addition, increasing adoption
of higher-end devices, constant innovation in terms of new form-factors,
transformative user experiences helps in overall video device market expansion.
Market concentration differs by
segment such as video game console is the most concentrated sector compared to
smart TV segment. Lack of 3G or 4G infrastructure in developing countries, and
need to deliver superior features at low to price to consumers which further
affects the profit margins of manufacturers in many segments to remain
competitive are some of the key challenges in this market. However, strategy
that balances both feature and price probably would help video devices market
to succeed in the long-term. North America is the major market for the video
devices and is expected to lead the global market over the forecasted period.
However, Asia Pacific is growing rapidly on the force of arising middle class
and digitization. Some of the key players such as Apple, Microsoft and Samsung,
Panasonic, LG Net Cast, Sony are expected to reshape the consumer video device
market.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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