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Wee Teck leads research for global consumer electronics and supports clients on a broad range of areas, including digital transformations and strategic product marketing.
Wee Teck advice clients on a wide range of topics like the Internet of Things (IoT), emerging technologies such as 5G, entry into emerging markets and Initial Public Offerings (IPOs). Prior to joining Euromonitor International, Wee Teck worked with hedge fund managers in identifying upcoming technologies for investment. He spent his early career in global product management, where his products won a host of international awards, including the CES Innovation Award.
New Indian brands like Noise and Fire-Boltt dominate consumer electronics in India with affordable but feature-rich products. This trend of affordable indulgence is reshaping consumer behaviour, with India's TWS earbuds and activity wearables market projected to reach USD8.2 billion by 2029.
Despite its hefty price tag and a lack of support from established content providers like Netflix, Spotify and YouTube, early sales of Apple Vision Pro appear to be positive given how quickly shipping times started lengthening. While it remains to be seen whether Apple will be able to sustain this early demand, the company can bank on its strong ecosystem to satisfy the demand from early adopters, who are usually hardcore Apple fans.
The durables (Consumer Appliances and Consumer Electronics) market is changing rapidly and the environment in which it operates is more turbulent than ever. Euromonitor International is delighted to introduce a new tool, the Forecast Model Durables (FM Durables), that can assist in plotting a course through this disruption and navigate future market evolution.