NEW YORK -- The global consumer electronics market is expected to grow at a compound annual rate of 6.7% from 2014 to 2018, according to a new report. Innovative technical developments in the sector have led to a new "age of convergence," says Reportlinker, wherein entirely different streams of digital-based audio, video and information technology unite and merge, removing entry hurdles across various markets and the whole industry.

OYSTER BAY, NY -- Sales of collision warning and mitigation systems will reach $29.5 billion by the end of 2020, with the majority of the market value being accounted for by vehicles sold in the Asia-Pacific region,ABI Researchforecasts.