Consumer Electronics Market Trends

Consumer Electronics Market Trends

• The emergence of smart electronics with AI is driving a major trend in market. It is further propelled by ongoing technological advancement that improve connectivity and add advanced features.
   
• Make a variety of electronics products more practical, interactive, and effective manufacturers are introducing devices with voice assistant controls, Bluetooth connectivity and other interactive features such as Internet of Things.
   
• In January 2024, Samsung joined hands with its key partners to identify AI-enabled technologies that would make the lives of its customers easy. For a better viewing experience, Samsung has produced OLED 8K with an in-built AI processor.
   
• While integrating AI into consumer electronics may increase functionality, networked smart home devices also require more robust cybersecurity measures. Samsung's foldable and AI-enabled smartphones have disrupted Apple's global dominance and unleashed AI's transformative potential in the smartphone industry.
   
• In 2024, Taiwanese electronic maker MSI unveiled its latest handheld gaming console ‘Claw’ to compete against the likes of ASUS ROG Ally and Steam Deck. Powered by the Intel Core Ultra 7 H-series processor, the gaming console boots Windows 11 operating system. It sports a 7-inch full HD touchscreen of 120Hz refresh rates and up to 500 nits brightness. With 16GB LPDDR5 RAM and a single NVMe M.2 2230 SSD slot for storage, MSI Claw features a dual fan system to keep the thermals in check.