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Overview. IT devices total spending worldwide 2012-2024. Revenue of the consumer electronics industry worldwide 2018-2028. Consumer electronics market revenue worldwide 2023, by segment.
Mar 8, 2024 · Apple and Samsung lead the U.S. consumer electronics market. The consumer electronics industry can be broken down into several subsegments, including home devices, such as TVs, speakers,...
Apr 29, 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.
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 growth...
How big is the consumer electronics industry? The market for consumer electronics was valued at more than USD 1 trillion in 2020 and will expand at a robust CAGR of over 8% from 2021 to 2027 with rising internet penetration globally.
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.
Throughout 2023, the industry has witnessed shifts in consumer preferences post-pandemic, the remarkable ascent of generative AI and increased integration of the connected world and internet of things (IoT). Looking to 2024, a significant paradigm shift is on the horizon.
