Consumer Electronics Report 2019 - TV, Radio and Multimedia

The Consumer Electronics market is subject to constant challenges, innovations and transformations. The exceptional growth it experienced in the past decade has come to an end. This is due to the saturation in the market for telephony but first and foremost it is an effect of the declining market for TV, Radio and Multimedia. The segment for TV, Radio and Multimedia devices is experiencing a decline with an annual growth rate of approximately -1.1% between 2010 and 2018. The increase in production output worldwide and the constant price pressure exerted by retailers are the main reasons for declining prices and the substantial losses in revenues.