Headphones were the Most Purchased Tech Product during Lockdown
Headphones stood out as the top tech product purchased during lockdown, with nearly a third of respondents indicating that they spent more than they usually would pre-pandemic. That’s according to a new Audio Tech Lifestyles survey from Futuresource Consulting, carried out with consumers across the USA, UK, Germany, Japan and China.
Global Wearables Market Achieves 35% Volume Growth
The global wearables market continues to thrive, sidestepping any negative fallout generated by the COVID-19 pandemic, and achieving 35% volume growth in 2020. That’s according to a newly-released market report from Futuresource Consulting. “2020 has been another milestone year for wearables,” says Stephen Mears, Market Analyst, Futuresource Consulting. “Widespread lockdowns, enforced social dista ...
Everything you Need to Know about the Global Chip Shortage
The Global Chip Shortage has been an ever-evolving issue in the consumer electronics industry, compounded both by the onset of the fourth industrial revolution and the unusual market reaction to the COVID-19 pandemic, it appears everything has been impacted to varying degrees. The increased significance of microchips to global production networks has been highlighted on a political level, with US ...