Retail Observer

November 2023

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM NOVEMBER 2023 10 Approximately 182,000 trade visitors and consumers from 138 countries came to Berlin to see the latest products and services in consumer electronics and home appliances. This year's IFA featured many new experiential areas, from a Sustainability Village and Robotics Hub, to IFA Outdoors which was located in IFA's iconic Sommergarten and was packed with street food stands, fun activities, and areas for co-working, relaxation, and contemplation. Soccer fans could meet their heroes of FC Union Berlin and Victoria Berlin. Two well-received keynotes were given by Honor and Hisense. Honor showed how foldable technology will change the future of mobile devices, and beyond that, how it will be used as a fashion accessory. Hisense highlighted the seamless integration of consumer-centric services across all screens in our homes and announced their official partnership with UEFA's Euro 2024 soccer championship. The IFA Leaders Summit on Friday and Saturday saw a wide array of top experts and industry leaders who discussed key issues such as sustainability and the circular economy, the promise and potential of artificial intelligence, and disruptive technology trends like the Metaverse, robotics, the Internet of Things, and new ways of reaching target groups via social media content. As always, innovation was at the heart of IFA, from the product launches and announcements during the two media days, to IFA NEXT. This innovation hub hosted 350 startups this year, connected them to more than 400 investors, saw pitched battles, and a series of talks and panels with topics like "how to build a unicorn" and "how to successfully collaborate with corporate partners." The first IFA NEXT pitched battle saw 59 startups competing with each other, and the winner was French startup Urban Cuisine with their connected indoor vegetable garden. IFA BERLIN 2023

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