Posts Tagged: "Fire TV"

The Internet retail juggernaut that is Amazon.com continues to get stronger and it’s doing so in a way that should worry other players in the consumer electronics sector. In late June, a Deutsche Bank analyst note was issued pointing out the magnitude of Amazon’s increased dominance of consumer electronics. In 2015 there was an increase of $5.6 billion in the consumer electronics sector and Amazon was responsible for $5.1 billion of that increase. That corresponds to a 90 percent share of the 2015 increase in the consumer electronics sector. Deutsche Bank’s Mike Baker also noted that Amazon now commands a 17 percent share of the consumer electronics market, which puts them in second-place behind only Best Buy