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. 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. Sonys performance depends on economic trends. 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. Activate your 30 day free trialto unlock unlimited reading. Wholesalers and/or Retailers 3.6. The current company emerged from a merger between Lak-Hui and GoldStar, the initials of which are represented by the L and G used today. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. The company also implements projects on energy efficiency and uses renewable energy sources in the daily operations. 2. Clearly, Lenovo's core competencies present the company with an edge over its rivals. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. While Logitech has gone to great lengths to ensure its products are not copied, numerous counterfeits have appeared on the market. Environmental factors are important due to the increasing scarcity of raw materials; pollution targets; doing business as an ethical and sustainable company; carbon footprint targets. Directory information on international and country-specific organizations, including government agencies, is also included. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. Economic factors include current and projected economic growth; inflation and interest rates; job growth and unemployment; labor costs; impact of globalization; disposable income of consumers and businesses; likely changes in the economic environment. A PESTEL analysis is used to identify threats and weaknesses . Provide a PESTEL analysis for the Consumer Electronics industry. Digital Marketing and Social Media Strategy Analysis Report. China is another major region standing as a major contributor toward global consumer electronics industry share. IoT is a great opportunity for diversification beyond the core PC business, leveraging existing enterprise relationships. The market is projected to grow USD 1000.9 Billion in 2030 . Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. Technological innovation in todays device-filled world, 1. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. Industry Analysis The US retail consumer electronics (CE) market had reported revenues of $180 billion in 2010. The industry is further anticipated to witness an interesting change of events with the integration of AI and IOT in the product spectrum. Technology and regulatory information can be found in the Operating Conditions section. I am also present on - The global consumer electronics market, as per industry analysts, stood at USD 1100 billion in 2016. This report contains the table contents only. 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. Available from 1984-present in ProQuest Global Newsstream. This will often provide links to Annual Reports; financial reports such as 10-K, 10-Q, and 8-K; and corporate social responsibility reports. E - Economic. They may also include shifters, handbrakes, and other such automotive peripherals. It provides business solutions, industry imaging products, medical imaging products and measuring instruments.It was founded in 2003. Thus, companies necessitate a skillful next-gen workforce adequately trained in current technology fields. 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. In fact, it wouldnt be wrong to mention that with these hi-tech features, the product spectrum of consumer electronics market has revolutionized. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. Unfortunately, while counterfeits are a serious legal issue, some governments refuse to take action on those who manufacture them. Visit original statistic Lenovo Group SWOT and PESTLE analysis has been conducted by Nipunn V and reviewed by senior analysts from Barakaat Consulting. Meizu Telecom Equipment Co., Ltd. 7.28. For instance, the company can use its R&D investment to develop competitive advantage to support the differentiation generic strategy (Read: Sonys Generic Strategy & Intensive Growth Strategies). Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Changes in the macro-envir. Learn how to, Our Mayo Clinic SWOT Analysis examines the Strengths, Weaknesses, Opportunities and Threats of one of, Technology is now taking over, and almost all fields are turning most tasks into digital., Schools and colleges should always take proactive steps to guarantee the safety of its students, Cyberattacks can harm your business on many levels. Economic information can be found in the Products & Market - Demand Determinants section. Apple enjoys a high level of customer loyalty. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. Governments are now increasing their efforts for data security, which supports the growth of businesses with online operations. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. Keep it up! In this aspect of the PESTEL/PESTLE analysis, Sony has considerable threats and opportunities in its remote or macro-environment. In case you want this report emailed straight into your email inbox, kindly share your details below. Interactive maps, charts, and graphs present data on specific geographies. Copyright 2023. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Consumer electronics (CE) forms a multibillion-dollar industry, steadily progressing and developing with technology, and adding new product lines towards changing lifestyles. Business Source Complete provides coverage in business disciplines including marketing, management, management information systems, production and operations management, accounting, finance and economics. However, this does put Logitech at the mercy of various import tariffs which may be imposed on China by countries importing these products. PESTLE stands for: P - Political. 5. https://issuu.com/robertserry Annual report 2018/19 - https://doc.irasia.com/listco/hk/lenovo/annual/2019/ar2019.pdf, 2. Do you want us to design a market survey or write a market research report as per your specific requirements? Web:https://www.gminsights.com 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. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. . Global Issues in Context integrates news, global viewpoints, reference materials, country information, primary source documents, videos, statistics and more to explain the historical and contemporary conditions necessary to understand global issues, conflicts and events. Apart from this, the Sony is a Japanese multinational headquartered in Tokyo, Japan. 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. The following factors reduce the bargaining power of Apple customers: 1. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. Free resource. Industry Analysis. Operations Management questions and answers. China is expected to be the largest market in this region. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. It looks like you're using Internet Explorer 11 or older. Companies are now focusing on constant productivity improvements in several product costs as well as structural costs owing to the competitive cost structures. 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. 7.26. 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. Do not sell or share my personal information. Open the Business section and select Company Dossier to search for information on a specific company. My other interests include sketching, reading, and singing. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. It is headquartered in Beijing, China. Growing global smart home market: According to industry research, the smart home market is expected to grow at a CAGR of 12.02% from $76.6 billion in 2018 to $151.4 billion in 2024. Automation and digitization trends have been a game changer for practically every business sector, consumer electronics industry bagging the top position in the transformation queue. Investors and managers can use the analysis in evaluating Sonys strategies. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Impact of the Russia and Ukraine War on the SiC Based Power Electronics and Inverter Market Chapter 4. PESTLE Analysis 3.5. Activate your 30 day free trialto continue reading. PESTEL stands for - Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. This external factor points to increasing individual and organizational demand for digital technologies. 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. The PESTLE analysis (Phan, 2021; Cadle et al. As shown in this PESTEL/PESTLE analysis, these concerns are crucial determinants in the companys remote or macro-environment. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. 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. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. This aspect of the PESTEL/PESTLE analysis model focuses on governmental activity and its effects on businesses and their remote or macro-environment. The brand has a solid reputation for creating high-quality products at a very reasonable price point, having done so since as far back as 1981. 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. However, we may send you emails on our new reports and solutions. Industry Research Biz (IRB) asserts that the global Consumer Electronics and Home Appliances Market is predicted to garner a stellar CAGR during the forecast . SWOT & PESTLE.com (2023). On the other hand, the high rate of research and development (R&D) activity among firms increases their competitiveness against Sony. These products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. Political factors include government policies, leadership, and change; foreign trade policies; internal political issues and trends; tax policy; regulation and de-regulation trends. 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. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. PESTEL stands for - Political, Economic, Social, Technological, Still, it supports a cost-effective alternative to VR under the umbrella of extended reality, allowing customers to experience products in a whole new environment. 1. It appears that you have an ad-blocker running. As a result, IoT security has recently gained traction in both industry and academia. Available from 1980-present in ProQuest Global Newsstream. Theseare good resourcesfor country profiles. Key Performance Indicators (KPI's) Report. 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. E - Environmental. The positive outlook rests on the two growth engines of purchasing power gains and demographics that will allow vendors to target first-time buyers and the development of a middle-class. 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. For any consumer-facing brand, a major aspect of success is ensuring your brand is well perceived. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. 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. Trade war and distrust against Chinese companies in United States, 1. Clipping is a handy way to collect important slides you want to go back to later. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer LG Electronics, Inc., was established in the year 1958 under the name of GoldStar. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. As consumers around the world become wealthier, their electronics spending is expected to increase especially in poorer regions where these products were previously out of reach. Now customize the name of a clipboard to store your clips. 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