What remains to be seen is how these smart interventions would mold the competitive hierarchy of consumer electronics market in the coming years. Activate your 30 day free trialto unlock unlimited reading. Additionally, gaming is becoming more socially acceptable, especially with the rise of eSports. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. In this aspect of the PESTEL/PESTLE analysis, Sony has growth opportunities based on the political stability of the biggest markets. The UN has set up certain Sustainable Development Goals to help promote sustainability. It provides business solutions, industry imaging products, medical imaging products and measuring instruments.It was founded in 2003. Immersive technology consumer market revenue worldwide from 2018 to 2023, by segment (in billion U.S. dollars). However, we may send you emails on our new reports and solutions. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. In 2020 businesses operating in the consumer electronic sector are highly governed by tech trends like Augmented Reality, Virtual Reality, edge computing Internet Of Things, Machine Learning, Blockchain and Artificial Intelligence. 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 VRIO Analysis Report will cover after purchase. On the contrary, Augmented reality (AR) is not as immersive, blending the digital and physical worlds. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. In relation, Sony can innovate to make its products more environmentally friendly. A PESTEL/PESTLE analysis of Sony Corporation considers the external factors in the remote or macro-environment of the companys business in the electronics, gaming, entertainment and financial services markets. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. Proprietary reports and ratings assess country, banking and sovereign risk. Analysis for the Consumer Electronics industry You can use them to display text, links, images, HTML, or a combination of these. Apple enjoys a high level of customer loyalty. We look at the winds of change that sweep through this sector through our extensive statistics on the CE industry, from key figures on market leaders like Apple, Sony, or Samsung to the latest trends in segments like wearable technology and connected devices. Changes in the macro-envir. A collection of reports covering political and social issues, with regular reports on topics in health, international affairs, education, the environment, technology and the U.S. economy from 1991 to the present. The PESTLE analysis (Phan, 2021; Cadle et al. 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 Competitor Analysis Report will cover after purchase. Thus, companies necessitate a skillful next-gen workforce adequately trained in current technology fields. In this aspect of the PESTEL/PESTLE analysis, there are major opportunities for growth and competitiveness in Sonys remote or macro-environment. OECD (Organisation for Economic Co-operation and Development) publishes economic surveys, comparative statistics, regular outlooks and annual overviews for its 34 member countries and some major additional countries. Get more details on this report - Request Free Sample PDF Consumer electronics are electronic equipment for non-commercial use. If you continue with this browser, you may see unexpected results. PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or industry. This will often provide links to Annual Reports; financial reports such as 10-K, 10-Q, and 8-K; and corporate social responsibility reports. Holistic Analysis Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. The company is developing an IoT solution bundle combining hardware, software and services. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. Provide a PESTEL analysis for the Consumer Electronics industry. The company also implements projects on energy efficiency and uses renewable energy sources in the daily operations. Operations Management questions and answers. Segmentation, Targeting and Positioning (STP) Analysis Report. Not to mention, with anticipation of smart notion chiefly characterizing this business fraternity, the consumer electronics industry players are overt to witness a plethora of opportunities in the coming years. Technological factors affect marketing in (1) new ways of producing goods and services; (2) new ways of distributing goods and services; (3) new ways of communicating with target markets. Keep it up! Technology and regulatory information can be found in the Operating Conditions section. Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. Rapidly increasing internet penetration across the globe will drive the market growth. (2012). U.S. Census Bureau platform that provides data on the U.S. people and economy: population, education, business, employment, health, housing, income and poverty, economy, families and living arrangements, and international trade. 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. Also, search for articles in periodicals and journals on individual PESTEL factors in the country, articles on a company and the industry it operates in. 22.5 lakh crore) by 2024-25. These steps can help you get back, Copyright 2020 Weberience LLC. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. 5. https://issuu.com/robertserry PESTLE (sometimes PEST) is a framework for analyzing the external macro environment of a business or industry, usually specific to a particular country. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2383. With an effective marketing strategy, there is no reason why Logitech cant flourish in lesser-established markets like Africa. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. Such products could attract more customers. This aspect of the PESTEL/PESTLE analysis model focuses on governmental activity and its effects on businesses and their remote or macro-environment. The target is to achieve 30 MW of renewable energy generation capacity across the world by 2020. It appears that you have an ad-blocker running. With the pandemic (COVID-19) disruption in 2020, investors depend on tech giants to avoid recession with their enormous size and power. Apple product launch event - September 2022. 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. Make your selection, and on the country's landing page: Search tip:Look for the Browse menu on the right side of the page and select[Country Reports]. Forecast period - 2022 to 2028. This aspect of the PESTEL/PESTLE analysis covers the effects of ecological trends and conditions on firms remote or macro-environment. My other interests include sketching, reading, and singing. This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion (Rs. Available from 1980-present in ProQuest Global Newsstream. Do you want us to design a market survey or write a market research report as per your specific requirements? Request PDF | Adoption of Industry 4.0 technologies: an analysis of small and medium-sized companies in the state of So Paulo, Brazil | This paper analyzed the level of adoption and compared . Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. PESTEL & Environment It handles all the manufacturing of notebook computers, monitors and televisions for major brands around the world like Midea Group was founded by He Xianjian in 1968 based out of the town Beijao in Guangdong province in China to establish a bottle lid production workshop. Country Commercial Guides (also referred to as "doing business" guides) are published annually by U.S. embassies with the assistance of several U.S. government agencies. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study DheerajRajpurohit2 Follow Advertisement Advertisement Recommended Analysis of Electronics Sector in India Pushpak Elleedu 11.2k views 20 slides Brand analysis of LG Susmit Ganguly 1.9k views 16 slides B Plan On Consumer Electronics Ashish Bansal is a framework or tools used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization. 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. For example, the integration of digital technology in smart homes presents new markets or market expansion opportunities for Sony. Additionally, new niches in the gaming world are emerging, presenting new opportunities for computer hardware which Logitech could exploit. IoT is a great opportunity for diversification beyond the core PC business, leveraging existing enterprise relationships. Panasonic has its headquarters in Osaka, Japan. Apart from this, the Sony is a Japanese multinational headquartered in Tokyo, Japan. You can read the details below. PESTEL stands for - Political, Economic, Social, Technological, the result of which is used to identify threats and weaknesses which is used in a SWOT analysis. Another consideration is the increasing level of disposable income worldwide. 3. https://www.tradove.com/blog/?author=19221 Lenovo has announced in 2019 its plans to quadruple IoT investment. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. Required fields are marked *. Bargaining power of buyers in consumer electronics industry is generally huge. UCF Research Guides. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. Started in 1935, Arrow Electronics is among the fortune 150 companies (Rank 119) and is a worldwide provider of products, specialized services and solutions to industrial and commercial users of electronic components and enterprise computing Fujifilm Holdings Corporation, headquartered in Minato, Tokyo, Japan is a Japanese multinational photography and imaging company established in 1934 with an intention to be first Japanese producer of imaging and photographer films. Statista provides information on spending within the overall consumer technology industry and its segments, both on a global and regional scale. Such enhancement should embody kando, which is emphasized in Sony mission and vision statements. Business Source Complete provides coverage in business disciplines including marketing, management, management information systems, production and operations management, accounting, finance and economics. . While Logitech has gone to great lengths to ensure its products are not copied, numerous counterfeits have appeared on the market. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Trade war and distrust against Chinese companies in United States, 1. This couldnt be truer in the gaming space, where manufacturers are held to high standards due to the tech savviness of consumers. 3. of Electronics industry. Free access to premium services like Tuneln, Mubi and more. Combating the threat of climate change: Lenovo believes in the threats posed by climate change and makes efforts to reduce greenhouse gas emissions. 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. Task: You have been hired by an International Consumer Packaged Goods company to research what they believe to be an attractive market in your home country for the launch of a new personal skin care product for women. We've encountered a problem, please try again. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. Governments are now increasing their efforts for data security, which supports the growth of businesses with online operations. Terms in this set (25) PESTEL analysis. 3.15 trillion (US$ 48.37 billion) in 2022. Social factors include demographics (age, gender, race, family size); consumer attitudes, opinions, and buying patterns; population growth rate and employment patterns; socio-cultural changes; ethnic and religious trends; living standards. 7.26. Activate your 30 day free trialto continue reading. T - Technological. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. E - Economic. MCDM Methods in Practice: Determining the Significance of PESTEL Analysis Criteria. Interactive maps, charts, and graphs present data on specific geographies. The following political external factors are significant in Sonys case: Sony Corporation benefits from the political stability in majority of the biggest markets. It has established itself as a leader in manufacturing and sales of air conditioning equipment. In any case, the rise of remote work will create new demand for computer peripherals, such as mice, keyboards, and especially accessories used for online conferencing, like microphones and headsets. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. For example, the company can expand its online services in relation to its gaming products. Importantly, the beneficial factors such as growing disposable incomes, the rise of remote work, and numerous new industries greatly outweigh the few negative factors, like uncertain import tariffs and copycat products. Clearly, Lenovo's core competencies present the company with an edge over its rivals. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. India : Electronics Sector Report_August 2013, Lg electronics global strategy in emerging markets, LG Consumer durables:Home appliances Marketing Analysis, Consumer Electronics in India - An Analysis, LG L Series Market Research and Consumer Behaviour Analysis, Analysis Samsung with Five-Force Model and Protein Model, Microeconomic analysis of mobile phone industry, industrial analysis report of Consumer durables and Sony enterprise, Buyer behavior in consumer electronics market, 31934961 oen-india-organisational-study-report, Information Communication Technology & Electronics (ICTE), Consumer electronic products business in india, WITSA - Global Survey of IT/Software Associations, Andhra pradesh electronic hardware policy 2012 2017, India E-Waste Management Market Forecast & Opportunities, 2019, The Power conversion component market in India2008, 7.Pre-recorded Video Lectures Schedule-Atomic & Molecular Physics.pdf, LEARNING TO RECONGNIZE MONEY LAUNDERING TYPOLOGIES - 2023, Debt Watch | ICICI Prudential Mutual Fund, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. The companys diversity hiring efforts have led to an increase in the female executive population of the company by 1.8% in FY 2017/18 compared to FY 2016/17. Changes in the macro-environm . The growth drivers are: large number of internet users, increasing usage of smart devices, rising awareness of healthy lifestyles and fitness, rising importance given to monitoring homes from remote locations and rising need for energy efficient solutions. These simulators, or sims, consist of a wide range of modular parts, including some kind of display, steering wheel, and pedal set. 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. Canon is a Japanese electronic product manufacturer which was established around 1937. Are you looking for a report which is not covered on our website? I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. Customized Solutions It started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. I am also present on - A public opinion/polling database of 500,000+ questions and answers on a wide range of topics collected by the Roper Center for Public Opinion Research; data covers 1935-present. The products general formulation contains moisturizing, and SPF properties, it could also be adapted to contain skin lightening or darkening properties. At the landing page, select Publication and enter "United States" and date > 07/01/2016, for example, in the search box. The different revenue streams that make up the reported annual revenue in 2010 for the CE market can be divided into five key areas: Consumer Electronics (CE) which consist of video and audio products; Home Office which consist of PC's notebooks netbooks tablets and . 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. Investors and managers can use the analysis in evaluating Sonys strategies. Here are two Economic factors affecting Logitech: As a manufacturer of consumer electronics, Logitech is well-placed to reap the rewards of consumers growing disposable incomes. The company must effectively consider these factors in its strategic decision-making. It allows a company to form an impression of the factors that might impact a new business or industry. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. A PESTEL analysis is a framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry. Nonetheless, based on the same external factor, Sony has opportunities to grow its electronics, gaming, entertainment and financial services businesses. Copyright by Panmore Institute - All rights reserved. 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. In fact, Logitech has already made its debut into the world of VR with Logitech Ink, a stylus designed for use inside simulated environments. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, 3.4. As per reliable statistics, by 2020, Asia Pacific is expected to witness 903 million TV households, an upsurge of 100 million than that recorded in 2014. A nonpartisan fact tank that studies "U.S. politics and policy; journalism and media; internet, science and technology; religion and public life; Hispanic trends; global attitudes and trends; and U.S. social and demographic trends.". I have used them in a lot of my personal research work.-Mudassir KhanAccounting and Business, Melbourne Polytechnic, Here the research is to-the-point, no beating round the bush. All Rights Reserved, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. As a result, Logitechs strong reputation for manufacturing good quality products will be vital in its continued success. Are you looking for a report which is not covered on our website? On the other hand, the increasing regulations on e-waste are a threat in terms of the additional efforts and expense of reducing the environmental impact of the companys consumer electronics and gaming products. 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. Data collected through a survey with 1. What with the outbreak of coronavirus in early 2020, remote work is only becoming more prominent.
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