German Consumer Electronics market shows value growth of 6.2% in 2010

Germany, Consumer Electronics

Results from Q1-Q4 2010 of the Consumer Electronics Market Index (CEMIX), a German market indicator for CE markets, are available for download on the websites of gfu, BVT and GfK Retail and Technology.

The German market for consumer electronics showed a value plus of 6.2% for 2010 compared to 2009. The three sectors within the market all contributed positively to this trend: Consumer Electronics +0.2%, Telecommunication (B2C market) +26.9%, IT (B2C market) +8.4%. Besides a continued positive development for Flat TV, the markets for Set-Top-Boxes, Home Audio products and Audio/Video Accessories also showed major growth potential within the traditional CE sector. Within the IT and Telecommunication sector the most important growth drivers were Smartphones and the Mobile Computing segment.

More: CEMIX Q1-Q4 2010