Search results
Apr 22, 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.
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.
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.
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.
Feb 17, 2022 · Across the consumer electronics sales categories, computers (+34%) and TV sets (+12%) have grown much faster than smartphones (+1%) in the past three years globally, likely due to COVID-19 restrictions and more time spent working and learning from home.
Global Consumer Electronics Market is Expected to Rise Exponentially at A Rate of 7.50% in the Forecast Period of 2021 to 2028. share : Consumer Electronics Market was USD 729.61 billion in 2022 and is predicted to rise at a CAGR of 3.94% during the forecast period to reach USD 993.92 billion by 2030.
