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May 20, 2024 · The global consumer electronics market size was valued at USD 773.40 billion in 2023 and is projected to grow from USD 815.16 billion in 2024 to USD 1,467.94 billion by 2032, exhibiting a CAGR of 7.63% during the forecast period.
Global consumer electronics market is estimated to hit worth of US$ 5,820.6 billion in 2023 and is expected to grow at CAGR of 5.8% during forecast 2033 end | FMI.
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Consumer electronics (CE) refers to devices used for communication, entertainment, or information purposes. Over the years, manufacturers developed new devices and reinvented older ones. Today,...
The global consumer electronics market size was valued at USD 1,068.22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030. Smartphone proliferation is expected to fuel the global market for consumer electronics.
The consumer electronics market size was valued at over USD 1 trillion in 2020 and is estimated to grow at a CAGR of more than 8% from 2021 to 2027 owing to the rapidly increasing internet penetration across the globe.
The Consumer Electronics market worldwide is projected to grow by 2.99% (2024-2028) resulting in a market volume of US$1,177.0bn in 2028.
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In this report, growth potentials, market drivers, consumer insights, key companies and future developments in the Consumer Electronics market worldwide will be discussed.