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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. Rapidly increasing internet penetration across the globe will drive the market growth. To get key market trends. Download Free Sample.
Mar 8, 2024 · In the country, the retail revenue from consumer electronics sales is expected to reach close to 510 billion U.S. dollars by 2024 – a year-on-year growth also sustained by the launch of...
After falling in 2022, the consumer electronics market size if forecast to grow back in the coming years, generating revenues of around 1.1 trillion U.S. dollars in 2023 and recording a...
- In 2024, the revenue generated in the Consumer Electronics market worldwide amounted to a staggering US$1,046.0bn.
- It is projected that the market will experience an annual growth rate of 2.99% from 2024 to 2028 (CAGR 2024-2028).
- The largest segment within the Consumer Electronics market is Telephony, with a market volume of US$486.7bn in 2024.
- When comparing revenue across different countries, it is noteworthy that in China generates the highest revenue with US$218.6bn in 2024.
Consumer Electronics Market Size & Trends. 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 global consumer electronics market size was estimated at USD 1,068.22 billion in 2022 and is expected to reach USD 1,138.83 billion in 2023. Re...
- The global consumer electronics market is expected to grow at a compound annual growth rate of 6.6% from 2023 to 2030 to reach USD 1,782.60 billion...
- Smartphones dominated the consumer electronics market with a share of 58% in 2022. This is attributed to the high degree of digital convergence and...
- Some key players operating in the consumer electronics market include AppleInc., ASUSTeK Computer Inc., BLACKBERRYS, BOSAL, Canon Inc., Dell Inc.,...
- Smartphone proliferation is expected to fuel the global consumer electronics market. Technological advancements, the emergence of 3G and 4G technol...
May 6, 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. Electronic devices are one of the highly penetrated products among a wide range of technical consumer goods in ...
Aug 24, 2023 · The global consumer electronics market has experienced remarkable growth, reaching a valuation of $997.89 billion in 2022, with projections indicating further expansion to $1.38 trillion by 2028.
