News
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Trade talk
News
Following the European Commission's recent proposal for common rules promoting the repair of goods, the organisation has released further information detailing everything consumers and retailers need to know about the proposed directive. The Commission says that the proposal will make it easier and more cost-effective for consumers to pursue repair as opposed to replacement, both within and beyond the legal guarantee. In addition, more demand will translate into a boost to...
Trade talk
News
Consumer insights and analysis specialist GfK will share the latest outlook on upcoming developments in the German consumer goods market during thie year's 2023 GfK Insight Talks on May 16. Hosted by Market and Intelligence lLead for Germany and Austria, Alexander Dehmel, the session will explore key trends influencing the German market for technical consumer goods. Other speakers will include Markus Wagenhauser, Director Customer Success, Julia Kalkowski, Senior Customer...
Conferences
IFA Berlin 2023 is introducing new features to reflect trends in the industry, using what IFA Management GmbH's Managing Director Oliver Merlin presented at the 2023 IFA press briefing on 23 April as an “evolution not revolution” approach to expanding the scope of the event Taking place at Messe Berlin from 1 to 5 September, IFA Berlin 2023 will build on the success of previous editions and its reputation as what Merlin called “the best trade show in the world for...
Communication & Connectivity
News
The findings also indicates that consumers are tired of waiting and the majority prefer to use mobile ordering on their own device As the hospitality industry returns to pre-pandemic norms, Union has revealed how consumers are adapting to new technology within bars and restaurants, such as QR codes, mobile ordering, and payment apps. The data-driven hospitality engagement platform released the findings which comes from its latest third-party consumer survey. The IFA...
Fitness
Digital Health & Wearables
News
A study published by Oura shows how wearable fitness trackers can better inform users of their health and warn of oncoming infections like Covid-19 The Finnish health tech company, maker of the Oura Ring, published its research in the peer-reviewed journal Digital Biomarkers. The findings suggest that wearable fitness trackers like its Oura Ring personal sleep and activity tracker can help users detect impending infections such as Covid-19. Tracking Covid-19 and vaccine...
IFA
News
The consumer electronics industry is a rapidly growing sector both globally and in India alone. A report by the India Brand Equity Foundation reveals the consumer electronics market in India was valued at $13.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 14.5% between 2021 and 2026. The consumer electronics industry in India is primarily driven by the growing demand for smartphones, televisions, laptops, and other electronic devices....
April 12, 2023
Mobility
News
The IFA Newsroom takes a deep dive into the top electric vehicles for 2023 chosen according to family, value, luxury and commuter categories by Cars.com As a result of the growing number of searches for EVs on its site —up by 84% since 2022— the American online car marketplace Cars.com reviewed the price, range, comfort and features of over 40 electric cars and selected its favourites for the year. The list, published in conjunction with a 2023 EV Buying Guide, aims...
Smart Home
News
In a survey of American smart home users commissioned by Google Nest, 85% of respondents said they mastered their devices within a week If smart home devices are seen by some as highly technical gadgets designed for geeks , a recent poll commissioned by Google Nest shows that most users are able to figure out how to use their new devices quite quickly. The survey, conducted by OnePoll, looked into the habits of Americans who own smart home devices, surveying 2,000 adults....
Trade talk
With his environmental consulting business specialising in recycling, Dr Helmut Spoo is well positioned to talk about the challenges following International Recycling Day on March 18. In an exclusive interview with the IFA newsroom, we ask Dr Spoo about raw material extraction, circular economy, and how Germany is faring when it comes to recycling. You have been an expert in this field for years with your business Dr. Spoo Umwelt-Consulting. In your opinion, how does...
Trade talk
News
The European Commission has introduced new common rules promoting the repair of goods – or ‘right to repair', which aims to save consumers' money, while supporting the objectives of the European Green Deal by reducing waste. Over the last few decades, replacement has often been prioritised over repair whenever products become defective, and insufficient incentives have been given to consumers to repair their goods when the legal guarantee expires, the European...
IFA
Visitors to this year's IFA 2023 can expect an even better show, with more opportunities to be wowed, as a whole host of new events and features are planned. These include The House of Robots, The Sustainability Village, a Robotic Bar, and a Gaming and Esports Bar. In addition, IFA NEXT has a new revamped startup zone, and visitors can be inspired by the new conference formats at the new IFA Leaders' Summit. International DJs, YouTubers and influencers will be on the scene...
Household Appliances
News
Functionality, quality and energy efficiency were the most valued features in kitchen appliances according to a survey of 14,000 consumers sponsored by Beko The research, carried out by OnePoll in partnership with Turkish appliances manufacturer Beko, surveyed consumers across Europe and the UAE to understand changing attitudes to kitchen design. Most valued features According to the survey's results, what consumers value most in kitchen appliances is functionality and...
Trade talk
The world's largest consumer electronics trade show is starting a new chapter with new management, an expanded team, and a brand new digital and media hub Berlin's IFA 2023 is now the responsibility of IFA Management GmbH – a new joint venture founded by gfu Consumer & Home Electronics GmbH together with Clarion Events Ltd, one of the world's leading independent event organisers. Under the new partnership, IFA plans to continue growing the event internationally and remain...
Trade talk
Audio & Entertainment
News
New rules on energy ratings and efficiency are set to transform the industry from March this year The changes will affect some TV manufacturers selling 8K and higher resolution, as their efficiency class could be outside the limits of what is allowed, according to IFA organiser gfu. Existing exceptions for displays based on MicroLEDs and the particularly high-resolution 8k displays are no longer applicable, as is a bonus rule when evaluating OLED displays. All displays with...
News
In the Eye of the Beholder – a new report by research and advisory firm Gen Z Planet – reveals a dramatic shift in the beauty industry that is being brought about by Generation Z This influential and dynamic demographic is redefining beauty, and brands that ignore their behaviours and preferences risk losing their relevance. The report shows that in contrast with previous generations who viewed beauty as a vehicle for social acceptance and external validation, Gen Z...
Computing
Gaming
Research by trade body ERA reveals that 9 in 10 video games that were sold in the United Kingdom last year were digital. The Digital Entertainment and Retail Association (ERA) shared its annual report of 2022, with an array of insights into the video game industry in the United Kingdom. The sector was observed as the country's most lucrative, with revenue reported to be approximately €5.25 billion (£4.66 billion). This is an apparent increase of 2.3% when compared to...
Audio & Entertainment
News
Sales of loudspeakers for home entertainment are expected to expand from last year's $7.25 billion to $7.74 billion in 2023, says ReportLinker In the recently released Loudspeakers Global Market Report 2023, the global market research and intelligence firm foresees continued growth in the loudspeakers sector this year, thanks mainly to increased spending on home entertainment products and a greater consciousness of sound quality among consumers. The report names Bose,...
March 7, 2023
Imaging
News
A list of the world's 16 largest photography companies, including well-known camera-makers and stock photo library firms According to Zion Market Research, the roster of top photography companies that have taken a share in a global market valued at $105.2 billion in 2020 includes not only well-established camera manufacturers, but photography service providers and online stock photo suppliers as well. With the value of the photography market expected to grow to $149.4...
News
A recently-published report has cast light on how the optical imaging market, valued at approximately €1.41 billion (US $1.5 billion) in terms of revenue, will experience more growth in the years to come. The optical imaging market is predicted to reach a valuation of €2.72 billion ($2.9 billion) by 2027, which would mean the industry having a compound annual growth rate of 13.5%. Drivers of the optical imaging market include rising demand for consumer electronics...
News
A growing number of mergers, acquisitions and partnerships are centred around 3D and 4D technology, a market which could grow exponentially over the course of the next decade. A recent study from technology research company Technavio focuses on the 3D and 4D technology market, which is estimated to grow by a value of approximately €351.61 billion ($371.9 billion) between 2022 and 2027. This would be a compound annual growth rate of 19.64%, a year-over-year growth rate of...