Product and Service
Companies included in retail –technology solution/products sector in information processing equipment industry primarily sell technology solutions and industrial products by their stores.
Demand for Product and Service
As indicated by the typical company data, the demand for electronic products and service has been growing both from in-store and online in the past two years probably as a result of increased consumers’ confidence.
Sector’s Current, Trend, Causes behind trend, and Future
Current and Trend
It seems that the in-store demand for consumer electronic and computing products including service and content has been rebounding in the past two years.
It seems that the online demand for consumer electronic and computing products including service and content has been continuingly strong and growing fast in the past three years.
Causes behind the trend
Generally, we think that the declining in-store sales of some major retailers, which have been diluted by other alternative retail channels as a result of changes in shopping habit of consumers, has been offset by strong recovery of macro-economy and fast increasing confidence in consumers.
While strong increase in consumption stimulated by recovery of economy helps offset the slowing traffic of major in-store retailers, companies may find that demand will continue to be driven by their online platform and they will be facing increasing competition from other online sellers due to lower barriers to entry.