Trend cluster
Category

Affordatech

Consumers are attracted to no-frills, affordable versions of tech products.

Inexpensive Luxury TabletsGliding iPhone Video GearDIY Film DigitizersBudget-Friendly 3D PrintersLong-Lasting Smartphones

Trend

What is the Affordatech trend?

Affordatech: The ubiquity of tech culture and tech products is influencing a consumer demand for more affordable goods. Whether it be lightweight tablets or smartphones designed for long-term value, the tech industry, previously seen as somewhat elite and inaccessible, is making a turn for the inexpensive. This affordability not only applies to the tech market, but could more broadly influence typically high-end markets like fashion or auto.

Trend themes

Themes within the Affordatech trend

Three behaviours holding the trend together
01

Affordable Tech

The ubiquity of tech culture and tech products is influencing a consumer demand for more affordable goods.

02

DIY

Creating affordable tools/apps that democratize processes previously restricted to professionals, or were prohibitively expensive for enthusiasts, is proving to be a popular and profitable niche.

03

Extended Battery Life

Extended battery life in mobile devices is an in-demand trend in the tech industry.

Industry implications

What the Affordatech trend means for industry

Where the trend changes the playbook
For

Consumer Electronics

As the market for mass-produced electronics becomes crowded, innovation is being driven by producing for more affordable, niche and specialty products.

For

Photography and Filmmaking

Photography and Filmmaking solutions, both hardware and software, will continue to be in demand as amateur and professional users look for affordable and simple solutions for complex processes.

For

Travel/Hospitality

Travel/hospitality solutions are beginning to address the problem of expensive international roaming charges and are gaining momentum in the market.

Trend signals

Trend signals for Affordatech

Trend score 3.0 out of 10, from popularity 51%, activity 32%, freshness 8%.

Popularity51%
Activity32%
Freshness8%
Audience
50%Men
50%Women
  • Gen Alpha (not a primary audience)
  • Gen Z
  • Millennial
  • Gen X
  • Boomer
Market
North America
Europe
Asia-Pacific
South America
Africa

Evidence

Examples of the Affordatech trend

6 featured examples from May 12 to Jun 25, 2013