RNCOS Releases a New Report- Booming Consumer Electronics Market in IndiaBy: Shushmul Maheshwari
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RNCOS Releases a New Report- Booming Consumer Electronics Market in India
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RNCOS has recently added a new Market Research Report titled, “Booming Consumer Electronics Market in India” to its report gallery. India has an increasingly affluent middle class population that, on the back of rapid economic growth, has made the country’s consumer electronics industry highly dynamic. The industry has been witnessing significant growth in recent years due to several factors, such as retail boom, growing disposable income and availability of easy finance schemes. But still, the consumer electronics goods, like refrigerators, microwave and washing machines, have low penetration in the country, representing vast room for future growth. This is attracting many foreign majors to the country, says our new research "Booming Consumer Electronics Market in India”.
The report finds that since the penetration of several products like TVs and refrigerators are reaching saturation in the urban areas, the markets for these products are shifting to the semi-urban and rural areas.
This analytical research thoroughly evaluates the Indian consumer electronics industry. It briefly discusses about the current and emerging trends in the industry, underlining the future potential areas and key issues crucial for the industry development.
"Booming Consumer Electronics Market in India” offers extensive research on various consumer electronics products that are broadly classified as home appliances, audio/video appliances, mobile handsets, and PC market. It provides an insight into the emerging and potential future trend in all the categories and highlights the key strategies that need to be worked upon to get success in the highly competitive industry.
The report thoroughly analyzes the historic performance and future prospects, offering 4-year industry forecast, of following consumer electronics products:
- Washing Machines (Semi-automatic & Fully Automatic)
- Television
- Set-top Box
- Refrigerator (Frost-free & Direct Cool)
- Air Conditioner
- Microwave Oven
- MP3 Players
- Digital Camera & Camcorder
- Mobile Handsets
- PCs (Desktop & Notebook)
Key Research Findings:
- Propelled by growing middle class population, changing lifestyle and rapid urbanization, the Indian consumer electronics industry is forecasted to grow at a rapid rate of 10% to 12% in the coming few years.
- Volume sales of washing machine will be driven by growth in fully automatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from the conventional CRT technology to Flat Panel Display Televisions (FPTV). Currently, the split between CRT and FPTV is around 97% and 3% respectively, and the share of FPTV is projected to increase at robust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much faster pace than the direct-cool category, are anticipated to drive the Indian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for the coming few years.
- Driven by young population, demand for MP3 players and digital video appliances are anticipated to surge at double-digit rate in near future.
- The low penetration level of consumer electronics goods coupled with increasing preference for comfort and luxurious goods are widely attracting the foreign as well as domestic players to the industry.
For more information visit: http://www.rncos.com/Report/IM157.htm
Current Industry News: http://www.rncos.com/Blog/http://www.rncos.com/ |
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| Keywords |
Booming Consumer Electronics Market in India, Booming Consumer Electronics Market, Consumer Electronics Market in India |
| Category |
Computers and Technology |
| Submission Date |
Mar 27, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Computers and Technology |
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Contactless Smart Card Market to Grow at 33%
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The increasing acceptance of smart cards in a number of applications worldwide has led to a series of technological developments over the recent past. Evolution of contactless smart cards is one of such technological developments which have gained momentum in ticketing and payment applications worldwide. The global market for contactless smart cards stood at an estimated US$ 240 Million in 2008 and is forecasted to grow at a CAGR of nearly 33% by 2012, says our new research report, “Smart Card Market Forecast to 2012”.
With mounting security concerns, contactless smart card industry will be least affected by the current global economic crisis. Factors such as EMV compliance, enhanced security feature and easy use with minimal human intervention will continue to fuel growth in worldwide adoption of contactless smart card technology. Increasing usage of internet or payment terminals such as ATMs or point of sales systems will also boost the adoption of technology as it offers secure, fast and convenient transactions.
However, the future of smart card market depends to a large extent on its compatibility with existing systems. Smooth integration of smart cards with the existing legacy systems makes it a cost saving and effective security tool, which will boost the application of smart card market in near term.
“Smart Card Market Forecast to 2012” provides prudent analysis on the smart card industry worldwide. It gives an insight into the current market trends and growth prospects for the smart card industry while substantiating data with unbiased and rationale analysis. The report helps clients to understand the key trends in the industry and restructure their investment plans.
The report studies the global smart card industry by segmenting it into Americas, Europe Middle East and Africa (EMEA) and Asia Pacific. It helps in analyzing the current performance and future outlook of the smart card industry at regional level.
Countries covered in the report are decided on the basis of existing opportunities that could lead to the growth for smart cards. Country level profiling provides prudent analysis of the smart card projects which are under consideration in a particular country across various application sectors.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM007.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Biometric Market to See Robust Growth in Future
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Increasing security concerns ranging from individual identity theft and corporate security to national security are driving the biometric market around the world. According to our new research “Global Biometric Forecast to 2012”, the global biometric market is forecasted to grow at a CAGR of around 18% during 2010-2012. This is due to the increased demand for more integrated security solutions from vertical sectors such as education, law enforcement, government, healthcare and manufacturing facilities.
According to our report, North America and Europe dominates the biometric market accounting for 31% of the global biometric market in 2009, closely followed by the Asia-Pacific region. Also, by 2012, the Middle East and Africa region is also expected to emerge as a growing market for biometric as the Gulf and South African regions are undertaking several initiatives and starting various biometric programs. Particularly, a number of opportunities for biometric technologies are present in law the field of law enforcement, with several police forces in the world using biometric access control technologies.
Our report offers extensive research on various biometric technologies and applications. By the end of 2009, the Automated Fingerprint Identification System (AFIS)/live scan market along with fingerprint and face recognition will account for the largest chunk of global biometric market. Moreover, Civil ID and Criminal ID will be the top two major applications in 2009 and the same trend is expected to continue in near future also.
Besides this, our report thoroughly analyzes the global biometric market and discusses its current and future scenario on the regional basis. It underlines the future potential areas and key industry restraints critical for the development of the market. The report also provides forecast on the biometric market by technology and biometric by region. Our report also highlights some of the countries across the world undertaking major biometrics initiatives.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM140.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 4. |
RNCOS Releases a New Report- Booming Consumer Electronics Market in India
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|
|
RNCOS has recently added a new Market Research Report titled, “Booming Consumer Electronics Market in India” to its report gallery. India has an increasingly affluent middle class population that, on the back of rapid economic growth, has made the country’s consumer electronics industry highly dynamic. The industry has been witnessing significant growth in recent years due to several factors, such as retail boom, growing disposable income and availability of easy finance schemes. But still, the consumer electronics goods, like refrigerators, microwave and washing machines, have low penetration in the country, representing vast room for future growth. This is attracting many foreign majors to the country, says our new research "Booming Consumer Electronics Market in India”.
The report finds that since the penetration of several products like TVs and refrigerators are reaching saturation in the urban areas, the markets for these products are shifting to the semi-urban and rural areas.
This analytical research thoroughly evaluates the Indian consumer electronics industry. It briefly discusses about the current and emerging trends in the industry, underlining the future potential areas and key issues crucial for the industry development.
"Booming Consumer Electronics Market in India” offers extensive research on various consumer electronics products that are broadly classified as home appliances, audio/video appliances, mobile handsets, and PC market. It provides an insight into the emerging and potential future trend in all the categories and highlights the key strategies that need to be worked upon to get success in the highly competitive industry.
The report thoroughly analyzes the historic performance and future prospects, offering 4-year industry forecast, of following consumer electronics products:
- Washing Machines (Semi-automatic & Fully Automatic)
- Television
- Set-top Box
- Refrigerator (Frost-free & Direct Cool)
- Air Conditioner
- Microwave Oven
- MP3 Players
- Digital Camera & Camcorder
- Mobile Handsets
- PCs (Desktop & Notebook)
Key Research Findings:
- Propelled by growing middle class population, changing lifestyle and rapid urbanization, the Indian consumer electronics industry is forecasted to grow at a rapid rate of 10% to 12% in the coming few years.
- Volume sales of washing machine will be driven by growth in fully automatic category during 2008-09 to 2011-12.
- The market for televisions in India is changing rapidly from the conventional CRT technology to Flat Panel Display Televisions (FPTV). Currently, the split between CRT and FPTV is around 97% and 3% respectively, and the share of FPTV is projected to increase at robust rate in near future.
- Frost-free refrigerator sales, certainly growing at a much faster pace than the direct-cool category, are anticipated to drive the Indian refrigerators market over the forecast period.
- The AC market in India is projected to grow at 30% to 35% for the coming few years.
- Driven by young population, demand for MP3 players and digital video appliances are anticipated to surge at double-digit rate in near future.
- The low penetration level of consumer electronics goods coupled with increasing preference for comfort and luxurious goods are widely attracting the foreign as well as domestic players to the industry.
For more information visit: http://www.rncos.com/Report/IM157.htm
Current Industry News: http://www.rncos.com/Blog/
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RNCOS New Report - China Software - World Class Low Cost Manufacturing
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RNCOS has recently added a new Market Research Report titled, “China Software - World Class Low Cost Manufacturing”, to its report gallery. Traditionally, China has been widely known for its world-class low cost manufacturing facilities. But the ongoing battle to make China a ‘hi-tech’ service-based economy has fuelled growth in the domestic software industry in recent years. The factors that are encouraging the software players (both domestic and foreign) to enter into China’s software industry include government support, easy access to rapidly developing IT infrastructure, vast domestic potential and availability of low cost resources, says the new RNCOS report.
According to this report, the Chinese government has made continuous efforts in the form of IT investment, construction of software parks, and provision of quick approvals to secure international investment to accelerate the China Software industry at a rapid pace.
The potential of the industry is not only limited to the domestic consumption, foreign majors are also eying the industry as viable software outsourcing destination. In this regard, this report thoroughly studies China software industry by highlighting its driving factors and major challenges. It also provides an insight into the software industry by verticals and studies the key opportunity areas that have emerged due to the fast growth of the software industry in China.
Key Research Findings
- China's software industry grew at a CAGR of more than 39% over the period from 2001 to 2007 and is further anticipated to grow at a CAGR of nearly 22% through 2012.
- Rapid growth in IT spending among various industrial segments, including government, banking and manufacturing are likely to propel the domestic software industry in near future.
- The ongoing large-scale endeavors for 3G deployments are expected to fuel growth in the demand for 3G telecom software across various application platforms.
- Expanding broadband infrastructure with increased Internet penetration among Small and Medium Businesses (SMBs) will help the SaaS market to grow at a CAGR of approx 44% during 2008-2012.
- The software outsourcing market is anticipated to grow at a CAGR of nearly 34% from 2008 to 2012.
- The current perception of lack of required talent in coming few years is urging the foreign IT training and education centers to expand into China’s IT education market.
Key Issues Analyzed in the Report
- What is the current status of the software industry in China?
- How is the future outlook of the industry?
- What are the emerging trends in China software industry?
- How does software spending and adoption status in China vary by vertical industry?
- Which areas of the China software market are expected to show the fastest growth over the next few years?
- Where do Chinese software companies lack in serving MNCs?
- How big is the China software outsourcing market and what are its future prospects?
- Who are the key players in China software industry?
Research Methodology Used in the Report
Information Sources
Information has been sourced from books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Methods
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM145.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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