Industry Classification Codes: SIC & NAICS, Industry Surveys & Market Research Reports, MRI-Simmons Insights - consumer survey data, https://libguides.bentley.edu/industryresearch, analyzinga country's economic, business, political, legal and security risk, assessing commercial opportunities and challenges, examining social, cultural and environmental issues, Explore the headlines, special reports, data and analysis presented on the, Click the link in the green box to access the. You can use the following in your reference section in order to give credit to the source. PESTLE Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. The current company emerged from a merger between Lak-Hui and GoldStar, the initials of which are represented by the L and G used today. It started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. Manufacturers 3.5.3. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. Directory information on international and country-specific organizations, including government agencies, is also included. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. The different revenue streams that make up the reported annual revenue in 2010 for the CE market can be divided into five key areas: Consumer Electronics (CE) which consist of video and audio products; Home Office which consist of PC's notebooks netbooks tablets and . This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. The company must effectively consider these factors in its strategic decision-making. Clearly, Lenovo's core competencies present the company with an edge over its rivals. 7.12. Rapidly increasing internet penetration across the globe will drive the market growth. We look at the winds of change that sweep through this sector through our extensive statistics on the CE industry, from key figures on market leaders like Apple, Sony, or Samsung to the latest trends in segments like wearable technology and connected devices. 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. We do not share your information with anyone. Reach thousands of academicians and corporates across the globe. 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. Operations Management questions and answers. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. All Rights Reserved by Barakaat Consulting. (2012). In case you want this report emailed straight into your email inbox, kindly share your details below. Search for a country or region. The company also implements projects on energy efficiency and uses renewable energy sources in the daily operations. Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. This aspect of the PESTEL/PESTLE analysis model focuses on governmental activity and its effects on businesses and their remote or macro-environment. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. I currently work as a SEO Analyst in a market consultancy firm. Clearly, Lenovo's core competencies present the company with an edge over its rivals. We've encountered a problem, please try again. 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. This region is predicted to have the highest growth rate during 2018-2024 due to rising population, strong economy, rapid urbanization and rapidly improving standards of living. The analysis also showcases pertinent opportunities in its external environment that can be incorporated to further strengthen the company. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. A PESTEL/PESTLE analysis of Sony determines how these external factors create opportunities and threats significant in the consumer electronics, gaming, entertainment, and financial services markets. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. The SWOT analysis uncovers a discussion on how the company builds on its strengths to overcome internal weaknesses and stem threats in its macro environment. 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. IHS Connect provides continuously updated analysis of global business conditions and economic information. Consumer Electronics Market - Porter's and PESTEL Analysis 2017-2024 Asia Pacific is touted to be one of the largest markets for consumer electronics, driven by the extensive changes in macroeconomics, such as the expanding middle class population, rising disposable incomes, changing demographic patterns, and rapid urbanization trends. It looks like you're using Internet Explorer 11 or older. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. E - Environmental. 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. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. Sony needs to consider the following economic external factors in its remote or macro-environment: Sony has the opportunity to grow alongside the economic growth in developing markets. Global smart wearable devices market will reach $137.15 billion by 2030, growing by 14.7% annually over 2020-2030 with a CAGR of 18.6% for unit shipment, owing to the growing consumer preference. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars). Statista provides information on spending within the overall consumer technology industry and its segments, both on a global and regional scale. 3. On the other hand, the high rate of research and development (R&D) activity among firms increases their competitiveness against Sony. Lenovos sites across the world are ISO 14001:2015 certified. Visit original statistic 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. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.COM. Use the search box to find information of interest, or choose from dropdowns providing access to information about industries, digital markets, consumer markets, and topics such as media, business, and society. Without a doubt, this growing industry shows massive potential for electronics manufacturers, especially those with track records as impressive as that of Logitech. Moreover, the report contains analyses of Samsung leadership, business . Economic factors include current and projected economic growth; inflation and interest rates; job growth and unemployment; labor costs; impact of globalization; disposable income of consumers and businesses; likely changes in the economic environment. PESTLE Analysis. It is headquartered in Beijing, China. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Do you want us to design a market survey or write a market research report as per your specific requirements? Automation and digitization trends have been a game changer for practically every business sector, consumer electronics industry bagging the top position in the transformation queue. This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. It delves into six key factors affecting a company's operations: Political, Economic, Social, Technological, Legal, and Environmental. 2. Panasonic has its headquarters in Osaka, Japan. If you continue with this browser, you may see unexpected results. is a framework or tools used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. 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. 2. http://electronicandmediasize.blogspot.in PESTLEstands for: Use the resources listed on this page forconducting a PESTLE analysis, including: COUNTRY REPORTS Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. In relation, the company can exploit the high rate of adoption of mobile technologies by innovating its mobile devices for higher competitiveness and revenue generation. Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. L - Legal. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. 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. An Electronics engineer by education, I have prior experience in Electronics manufacturing firms, market research, and business development domains. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. 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