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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.
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...
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.
- Sudip Saha
- 8.10%
- 2.80%
- 3.40%
- What is the expected worth of the consumer electronics market in 2023?The consumer electronics market is expected to reach US$ 3,296.66 million in 2023.Read Report
- What is the future of the consumer electronics market?The consumer electronics market is set to expand by a CAGR of 5.80% by 2033.Read Report
- How much valuation is projected for the consumer electronics market in 2033?The consumer electronics market is forecast to reach US$ 5,820.65 million by 2033.Read Report
- Which region will likely lead the consumer electronics market?A significant share of profits will likely come from the Industry in East Asia.Read Report
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.
- 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 wi...
- What are the dynamics fostering the audio and video equipment in the global consumer electronics mar...The industry share from the audio and video equipment segment accounted for over 60% in 2020 and will expand due to the integration of advanced fea...
- How will the personal application contribute to consumer electronics market growth?The personal application segment will expand at a healthy CAGR of 9% through 2027 due to reduced prices of smartphones, Bluetooth speakers and smar...
- What are the growth prospects for consumer electronics suppliers in the APAC market?The APAC consumer electronics market size was valued at more than USD 400 billion in 2020 and will grow at a healthy CAGR with increasing urbanizat...
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,...
Consumer Electronics Market Size, Share & Trends Analysis Report By Product (Smartphones, Tablets, Desktops, Laptops, Digital Cameras, Hard Disk Drives, E-readers), By Sales Channel (Offline, Online), By Region, And Segment Forecasts, 2023 - 2030. Report ID: 978-1-68038-510-6. Number of Pages: 116.
Highlights. 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...
