TV shipments to fall by 4.1% in 2023 due to weak macroeconomic conditions
TV sales remained weak during the first half of 2023 due to poor global macroeconomic conditions and out-of-sync product replacement cycles following unprecedented demand in major markets during 2020. Through the second half of 2023, Futuresource expects demand trends for TVs to remain sluggish as the economy continues to stabilise.
Global headphones market volume contracts by 1.9% in Q32023, value holds strong
The global headphones market volume has dipped 1.9% Y-O-Y in Q32023, Futuresource Consulting’s latest research shows. Despite the decline in volumes, retail value has achieved single-unit growth at 6% Y-O-Y to reach $10.8bn.
Hybrid working here to stay, yet posing challenges for businesses and employees
Market conditions and employee attitudes suggest that hybrid working is here to stay, yet this is presenting obstacles for organisations and workers alike. Effective communication and collaboration channels that bridge the physical and virtual divide still remain a key challenge.
AV wireless connectivity poised to pervade the workplace, as 5G and Wi-Fi 6 E pave the way
Working practices and office layouts continue to undergo transformation, as businesses of all sizes embrace the long-term prospects of hybrid working. While employees have the flexibility to work from any location, and the option to meet face-to-face when needed, this is presenting new connectivity challenges.
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