Consumer Electronics Sector Scorecard - Thematic Intelligence

Consumer Electronics Sector Scorecard - Thematic Intelligence

Summary

The increased sophistication of artificial intelligence (AI) in Q4 2022 and Q1 2023 has put added pressure on consumer electronics companies to develop smarter devices that offer more adaptable features. While some companies like Vuzix and ZTE have explored integrating large language models (LLMs) into their products, most companies in GlobalData’s consumer electronics sector scorecard are yet to bring generative AI to the edge. Companies like LG Electronics and Samsung Electronics, which have historically focused on AI capabilities, are well-positioned to benefit from the heightened consumer interest in the theme.

Key Highlights

Apple has reinforced its position as a leader in user experience with the release of the Vision Pro, its mixed reality (MR) headset. However, uptake will be plagued by the obstacles facing the broader MR market, such as a complex production process, concerns relating to motion sickness, and potentially uncomfortable design aspects. The affordability of Apple’s headset will play a crucial role in its future acceptance due to inflationary pressures and the ongoing cost of living crisis.

Scope

• This sector scorecard provides a top-down, comprehensive outlook for the key players in the consumer electronics sector over the next two years, based on the key themes set to transform their industry landscape.

Reasons to Buy

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• At GlobalData, we have developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.
• Our thematic engine tags over 145 million data items across five alternative data sets—patents, jobs, deals, filings, and news—to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.