As prices fall in European markets for flat-screen TVs, digital cameras and sat/nav, EITO says the market for consumer electronics decreased by 8% in 2009 to €58.5 billion—and will decrease another 6.2% in 2010.
It's a case of selling more and enjoying it less, for example, the revenues for flat screen TVs (down 10% in 2009) will decrease by more than 3.9% in value in 2010 (despite an increase in sold units of 3% in 2009 and 2010).
Blu-ray players and digital set top boxes were named as two of the few positive categories.
Go EITO