0
General

German consumer electronics market grows 3% in Q1

Tuesday 23 May 2017 | 15:51 CET | News
The German consumer electronics market grew 3.1 percent year-on-year in the first quarter to a value of just under EUR 7.3 billion, according to research by GfK for industry group GFU. Growth came from entertainment electronics (+11.9%) and the consumer telecom market (+5.0%), while the IT market fell by 10.6 percent. The switch to DVB-T2 broadcasting in Germany during the quarter helped drive TV sales up 10.0 percent to almost EUR 1.1 billion. In the smartphone market, sales rose 4.3 percent, while units were down 2.3 percent.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

German spending on advertising for connected devices up 19% in H1

Published 04 Sep 2017 12:24 CET | Germany
German spending on advertising for connected devices grew by 19 percent to EUR 187 million in gross terms in the first half of ...

German consumer electronics market to grow 2.6% in 2017

Published 29 Aug 2017 16:00 CET | Germany
The German consumer electronics market will grow by 2.6 percent this year to a value of EUR 9.44 billion, according to the latest ...

German telecom equipment market grows 4.6% in H1

Published 24 Aug 2017 15:12 CET | Germany
The German home electronics market grew sales by 2.2 percent in the first half of 2017, following growth of 2.9 percent in the ...

PC most popular German home gadget, TV second

Published 13 Jul 2017 13:24 CET | Germany
The personal computer remains Germany's most popular item of consumer electronics, followed by the TV and then the smartphone. So ...

Teenagers struggle most with tech addiction - study

Published 29 Jun 2017 15:03 CET | World
Teenagers aged 15 to 19 years old are the most likely to struggle with technology addiction, according to a global survey ...

One in five German homes has an Ultra-HD TV set by early May

Published 30 May 2017 12:43 CET | Germany
One in five German households has an Ultra-HD television set, according to industry association Deutsche TV-Plattform in ...





<5%
market share satellite of digital TV market
Netherlands  |  2017 Q2