Samsung Group Report contains a full analysis of Samsung Porter's Five Forces Analysis. 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. Also, they may reduce sales for Logitech itself as they grow in popularity, especially in more price-conscious markets. 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. Perhaps the electronics manufacturer will even look to create its own VR headset. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study. !-Keith GrencherBirmingham Business School. Unfortunately, while counterfeits are a serious legal issue, some governments refuse to take action on those who manufacture them. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. 7.40. This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. Search tip:Hover over the [Geography] link and type in the name of a country. 2. Moreover, the report contains analyses of Samsung leadership, business . 7.26. As every new generation of gamers is born, the gaming industry continues to expand. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. 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. Lenovo has announced in 2019 its plans to quadruple IoT investment. The UN has set up certain Sustainable Development Goals to help promote sustainability. Abstract The consumption of parboiled rice in Brazil is low when compared to milled rice, despite alleged nutritional, convenience and technological benefits. 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. Rapidly increasing internet penetration across the globe will drive the market growth. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. Visit original statistic This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. These reports present a comprehensive look at countries' commercial environments, using economic, political and market analysis. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. !-Keith GrencherBirmingham Business School. The company has invested $1.2 billion in artificial intelligence R&D to expand its manufacturing facility in Chennai for data center offerings too. However, we may send you emails on our new reports and solutions. Includes Quick Links to current news and other relevant resources. [online] Available at: https://www.swotandpestle.com/lenovo-group/ [Accessed 01 Mar, 2023]. This stability corresponds to the minimization of political barriers in the remote or macro-environment, thereby presenting opportunities for business expansion. ProQuest. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars), Further details: It looks like you're using Internet Explorer 11 or older. The increasing deployment of Internet of Things (IoT) devices in mission-critical systems has made them more appealing to attackers. Wholesalers and/or Retailers 3.6. All Rights Reserved by Barakaat Consulting. 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. Here is an Environmental factor affecting Logitech: For any manufacturer in any industry, sustainability is a major issue. Speaking of the competitive trends in consumer electronics market space, the industry is dynamically charged with participation of globally preeminent magnates such as Apple Inc., Samsung Electronics, Sony Corporation, Nikon, Bose, GoPro, and Sennheiser. Select News instead of Publication to search for articles on companies, industries, and individual PESTEL factors. Statista is a portal for quantitative data, statistics and related information. of Electronics industry. Traditionally, the main products in this market are TV, VCR, and CD player etc. 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. E - Economic. Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.COM. 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. 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 . Telangana and Andhra Pradesh are two states that are likely to become major locations for mega data centers. The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion (Rs. Statistics, charts and/or graphs may be downloaded in the following formats: Excel, PNG Graphics, PowerPoint and PDF. India on the verge of significant data center expansion - https://www.thehindubusinessline.com/economy/india-on-the-verge-of-significant-data-centre-expansion/article26272072.ece, 4. For example, the company can enhance its brand image by increasing its sustainability efforts. 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. The new subsidiary will sell and market the complete range of Beijer Electronics products including operator panels, industrial PCs as well as industrial networking products. Need Strategic Analysis for this company? The company must effectively consider these factors in its strategic decision-making. 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. My other interests include sketching, reading, and singing. Statista provides information on spending within the overall consumer technology industry and its segments, both on a global and regional scale. The PESTEL/PESTLE analysis identifies such external factors in the political, economic, sociocultural, technological, ecological and legal aspects. 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. I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. By doing so, it enjoys an inexpensive labor force and excellent accessibility to electrical components, many of which are produced in China. 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. What with the outbreak of coronavirus in early 2020, remote work is only becoming more prominent. Strong financial performance across the Group, 1. Arun Hegde The market holds a share of US$ 3.3 trillion in 2023 while expecting revenue of US$ 5.8 Trillion by 2033. Apple product launch event - September 2022. 2003-2023 Chegg Inc. All rights reserved. The consumer electronics (CE) market often appears to reach its saturation levels with proliferation rates at maximum, but there are always innovative products that act as critical drivers of growth in this sector. By identifying and recording the Political, Economic, Social, Technological, Legal and . The company focuses on initiatives to meet the following goals: quality education, gender equality, decent work and economic growth, industry innovation and infrastructure, responsible consumption and production, and climate action. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. Interactive maps, charts, and graphs present data on specific geographies. The Swiss manufacturer of computer peripherals produces high-quality products at an affordable price point. Investor presentation 2018/19 - https://investor.lenovo.com/en/financial/results/presentation_1819_q4.pdf, 3. Copyright 2023. 3. Subsidiaries, Partnerships and Collaborations Report. 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. 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. A PESTEL analysis is used to identify threats and weaknesses . The PESTLE analysis (Phan, 2021; Cadle et al. Toll Free:1-888-689-0688 Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*, Further details: This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. The industry is also predicted to grow as a result of consumers . In addition, the economic stability of developed markets presents opportunities for Sony to enhance its operations, while experiencing minimal market-based risks. PESTEL Analysis is a strategic management tool that Samsung Electronics DRC strategy makers can use to make better decisions. Strong market potential in Internet of Things (IoT) business: According to projections by Bain, the IoT market is expected to double between 2017 and 2021, reaching $520 billion. All the components of the Smart Home can be controlled from the customers phone through the Lenovo Link app. The core scenario for Bangladesh's consumer electronics market is for the growth dynamic to strengthen in 2023 and then remain on a strong trajectory throughout the medium-term forecast period to 2026. This aspect of the PESTEL/PESTLE analysis covers the effects of ecological trends and conditions on firms remote or macro-environment. Micro-Star International Co., Ltd.(MSI). This couldnt be truer in the gaming space, where manufacturers are held to high standards due to the tech savviness of consumers. 1. 7.12. Lenovo Group SWOT and PESTLE analysis has been conducted by Nipunn V and reviewed by senior analysts from Barakaat Consulting. Free resource. As a result, high-quality products which have many uses are much more desirable, like those offered by Logitech. Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. In addition, Sony can boost its sales revenues based on increasing openness toward leisure. Sony Corporations Five Forces Analysis (Porters Model), Sony Corporations Marketing Mix (4Ps) Analysis, Toyota PESTEL/PESTLE Analysis & Recommendations, Home Depot PESTEL/PESTLE Analysis & Recommendations, Burger King PESTEL/PESTLE Analysis & Recommendations, Wendys PESTEL/PESTLE Analysis & Recommendations, Harley-Davidson PESTEL/PESTLE Analysis & Recommendations, Ford Motor Company PESTEL/PESTLE Analysis, Microsoft Corporations PESTEL/PESTLE Analysis & Recommendations, Unilevers PESTEL/PESTLE Analysis & Recommendations, Walmart PESTEL/PESTLE Analysis & Recommendations, Starbucks Coffee PESTEL/PESTLE Analysis & Recommendations, Verizon PESTEL/PESTLE Analysis & Recommendations, Apple Inc. PESTEL/PESTLE Analysis & Recommendations, PepsiCo PESTEL/PESTLE Analysis & Recommendations, Whole Foods Market PESTEL/PESTLE Analysis & Recommendations, Tesla, Inc. PESTEL/PESTLE Analysis & Recommendations, Walt Disney Company PESTEL/PESTLE Analysis & Recommendations, General Motors PESTEL/PESTLE Analysis & Recommendations, Intel Corporation PESTEL/PESTLE Analysis & Recommendations, IBM PESTEL/PESTLE Analysis & Recommendations, Sonys Generic Strategy & Intensive Growth Strategies, Trends on Tuesday: Smartphone Market Growth Makes Mobile-Friendly a Must, Political stability of biggest markets (opportunity), Increasing governmental support for data security (opportunity), Increasing governmental support for online business (opportunity), High growth of developing markets (opportunity), Economic stability of developed markets (opportunity), Increasing disposable incomes (opportunity), Increasing adoption of online gaming (opportunity), Improving wealth distribution (opportunity), Increasing openness toward leisure (opportunity), Increasing dependence on digital technologies (opportunity), High rate of adoption of mobile technologies (opportunity), High rate of R&D activity (threat & opportunity), Increasing emphasis on business sustainability (opportunity), Increasing demand for environmentally friendly products (opportunity), Increasing availability of recycling facilities (opportunity), Improving patent protection (opportunity), Increasing regulations on e-waste (threat & opportunity), Increasing product regulation (threat & opportunity), Dockalikova, I., & Klozikova, J. 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. 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. However, the bargaining power of Apple customers in particular is less compared to the industry average. Sony Corporation continues its global success by addressing the external factors and related issues in the remote or macro-environment of its business. On the contrary, Augmented reality (AR) is not as immersive, blending the digital and physical worlds. 1. Including the results of the PESTEL/PESTLE analysis can increase the suitability of Sonys strategies with regard to the remote or macro-environment of the business. Tap here to review the details. Such products could attract more customers. This external factor highlights the benefit of marketing gaming and entertainment products to address the leisure needs of target customers. Are you looking for a report which is not covered on our website? 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. Customized Solutions The industry is further anticipated to witness an interesting change of events with the integration of AI and IOT in the product spectrum. In case you need the complete report please purchase using the buy options displayed. For instance, the company can take advantage of the availability of such facilities to implement more comprehensive recycling programs. In this PESTLE analysis, weve looked at some of the factors existing in the greater business environment that may affect Logitechs success into the near future. 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