Tablets and smartphones are expected to continue to drive electronic product revenues in 2013 as they did in 2012. According to 2012 provisional global tech device sales revenue released by the Consumer Electronics Association (CEA) at this week’s Consumer Electronics Show (CES 2013), tablets grew 60% and smartphones rose 38% in 2012.
And this trend will continue in 2013 with sales of tablets and smartphones dominating the consumer electronic market and increasing by 25% and 22%, respectively.
However, these two devices along with video game consoles are the only segments predicted to show growth this year. Other tech products—such as feature phones, mobile PCs, desktop printers, monitors, DCD/Blu-Ray players, digital imaging machines, plasma and LCD TVs, portable media players, car navigation and home audio systems—all have a negative prospective growth for 2013.
For some devices, the expected decline is large, such as for feature phones and plasma TVs, which are predicted to to fall 21% and 23%, respectively.
In 2012, global electronic product sales fell 1%, according to a joint research survey from CEA and GfK, a German market research firm. But following this decline, the future outlook is a little better: the survey forecasts that in 2013 worldwide consumer electronic product sales will grow 4%, reaching U.S.$1.1 trillion.
Half of the revenues are expected to come from mobile devices, such as smartphones, tablets and mobile computers.
