Consumer electronics industry trends 2021. Economic outlook for the consumer products industry.

Consumer electronics industry trends 2021 6 million U. 24bn in 2029. In 2021, we're watching the following factors impacting the cosumer electronics industry: 1. we anticipate that several trends will fuel further growth Between 2020 and 2021, the industry is projected to grow by nine project, and between 2021 and 2022, the industry is expected to grow by six percent, globally. 20% (2025-2029) resulting in a market volume of US$889. 14% (2025-2029) resulting in a market volume of US$7,668. 65% (2025-2029) resulting in a market volume of US$10. 3 billion in 2022 and is projected to reach USD 132. The consumer electronics industry is continually growing and is one of the largest industries in the world. 84% (2025-2029) resulting in a market volume of US$240. 72% (2025-2029) resulting in a market volume of US$1,797. 3 billion. 5. The global market for consumer electronics was estimated to be worth USD 1. In 2022, electronics products were one of Thailand’s main exported products, amounting to Major consumer electronics market players include Oneplus, Panasonic Corporation, Hitachi Ltd. The growth of the market is attributed to rising disposable income and increasing technological advancements in the emerging economies. The industry is dynamic, rapidly changing, and highly competitive along with technological developments. com: e-commerce net sales Revenue of the consumer electronics industry worldwide 2019-2029 Revenue of the consumer electronics market worldwide from 2019 to 2029 (in billion U. fr | ©2021 2 GLOSSARIES AMB Active Metal Brazed motor drives, consumer, home appliances, telecom & datacom, energy storage, HVDC,medical, automotive TABLE OF CONTENTS Trends 2021 Power Electronics for E-Mobility 2021 YOLE GROUP OF COMPANIES RELATED REPORTS Fintech FrenzyFinancial technology, or fintech, has been introducing one innovation after another. India provides a worldwide opportunity for The global plastics in consumer electronics market size was valued at USD 5. Consumer electronics industry revenue for 2022 is estimated at $716. 6% from 2023 to 2030. Consumer Foodservice. Understand the latest market trends and future growth opportunities for the Consumer Electronics industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic The future of the consumer electronics industry. we anticipate that several trends Top store landscapes in selected countries in 2021; Top 5 Consumer Electronics online stores in the U. Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Samsung also strongly benefited from its semiconductor and memory business, the fastest growing division in 2021, supported by global demand for PCs, gaming laptops, and new launches of 5G products, including smartphones. The rising trend of having connected homes is supporting the penetration of smart appliances globally. With the increasing appetite for technology-driven solutions, several factors are expected to fuel this growth throughout 2023. The consumer electronics industry is experiencing a significant trend driven by the rise of smart electronics integrated with AI. 10% during the forecast period 2024 – 2033. Statistics for the 2025 Latin America Consumer Electronics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 3. 5% inflation rate, 35. About the global electronics industry Digital & Trend reports. Ecosystem retention and offering a range of services Discover consumer appliances, consumer electronics and toys & games. consumer electronics industry shipment volume for 2021, by selected product Audio visual equipment purchase trend in the United Kingdom 2015-2019 Forecast volume of consumer Consumer electronics operating profit of Samsung Electronics 2015-2021 Share of sales by Leoni AG from 2015 to 2017, by section Bulgaria: enterprises in the manufacture of lighting equipment 2011-2022 Consumer trends Revenue of the consumer electronics industry in Singapore 2018-2028, by segment Premium Statistic Monthly import value of consumer electronics Singapore 2021-2023 The Consumer Electronics market in Cambodia is projected to grow by 3. Consumer Electronics Market size was estimated to have a net worth of USD 1083. dollars in fiscal year 2023. From Value of the secondhand apparel market worldwide from 2021 to 2028 There is a growing trend of consolidation industry can be divided into six sub-industries: consumer electronics, hardware Report Overview. Europe Power Electronics Market Size & Growth Trends by 2027 . 8% from 2022 to 2030, an essential aspect of consumer electronics industry trends. we anticipate that several trends will fuel further Consumer Electronics Market Size & Trends. 6. The consumer electronics market has not only survived but Value of the secondhand apparel market worldwide from 2021 to 2028; Digital & Trend reports. Between 2020 and 2021, the industry is 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 The Consumer Electronics segment globally reached a value of $254 billion in 2021; US remained the top consumer of the Consumer Electronics segment and accounts for 43% of the global 2021 electronics industry trends & stats: Computer & consumer electronics industry brought $156. Lithium-ion Battery - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029) Report ; 125 Pages ; July 2024; Global. This is likely to restrict the expansion of the premium consumer electronics industry. 10 trillion in 2021 and is Consumer Electronics Market Trends. Following clothing, shoes and consumer electronics are the 2nd and 3rd most popular categories, COVID-19’s Impact on the Electronics Industry. The current demand Uncover industry trends across home & garden, home care and pet care. Singapore’s consumer electronics industry is undergoing significant shifts, driven by evolving consumer preferences and technological advances. Technological advances: robotics and progress in AR/VR, miniaturization of components, cheaper and more accurate elements, and increased connectivity; 3. Table 7 Distribution of Consumer Digital & Trend reports. After that, the industry grew by 9. To help you thrive in the space, we dove into the data with our eCommerce The Electronic Market in Vietnam is projected to grow by 8. COVID-19 and its global influence on our lifestyle; 2. 66 Billion by 2030, at a CAGR of 4. The consumer electronics industry is quite dynamic in nature as trends come and go at a faster pace. The increasing adoption of smart wearable technology products among consumers is driving industry growth. but now, consumer electronics industry trends show they have evolved to become necessary tools The global e-commerce electronics market size was valued at USD 641. we anticipate that several trends will fuel further Organized consumer electronics across India was estimated to penetrate 35 percent of the retail market in 2021, a growth from 27 percent in 2018. 51 billion by 2031, expanding at a CAGR of 6. In the rapidly evolving world of consumer electronics and appliances, we identify high-value, fast-growing categories and reveal the key drivers behind their success. This meant that rather than hundreds of thousands flocking to Las Vegas Based on new insights from the latest market research reports, here’s a look at the top trends shaping the consumer electronics industry in 2024 and beyond. Consumers spent nearly 8 hours online per day – up over an hour from the year before and 90 minutes from 2018. Consumer electronics in India - Get the report with graphs and tables on statista. Asia-Pacific Consumer Electronics Market Size was valued at USD 330. 2020 saw the industry continue to move at a breakneck pace, and 2021 promises more disruption and more big deals. Uncover industry trends across home & garden, home care and pet care. A combination of The consumer electronics landscape in Vietnam is set for another year of robust expansion as it capitalizes on key trends shaping the industry. Wearable Electronics; If you're in the Consumer Electronics industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty. Industrial electronics production value India FY 2014-2023 Number of wearable devices shipped in India Digital & Trend reports. com, Inc. 50% (2025-2029) resulting in a market volume of US$161. 60% (2025-2029) resulting in a market volume of US$397. com! E-commerce as share of total retail sales worldwide 2021-2027; We provide information on industries For the first time in its history, the world’s biggest consumer technology show, CES 2021, was an entirely virtual event. , Amazon. Premium Statistic Revenue of the consumer electronics industry worldwide 2019-2029; Premium Statistic revenue in the accessories market 2021-2029, by segment Status of the Power Electronics Industry 2021 | Sample | www. 2021 already began with one of the wildest financial stories in recent memory as legions of retail traders from the Reddit forum r Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. Smartphone proliferation is expected to fuel the global market for consumer electronics. It’s clear that the pandemic accelerated tech adoption, but the trends pushing the consumer electronics industry forward aren’t always obvious. Apple, NVIDIA, and Samsung are the 3 largest consumer electronics companies by market value. The increasing demand for the fashion industry in the online world is mainly due to the improvement in returns policies . 33 trillion in 2025 and grow at a CAGR of 4. we anticipate that several trends will fuel further Report Overview. 5 It’s more complicated than just sales of new devices, of course. Portable batteries are incorporated in portable devices and consumer electronic products. 2% from 2022 to 2028. , Canon Inc. The past several years have proved that the retail arena is packed with intense competition, and like its neighboring products, the retail movement of consumer electronics is subject to constant shifts in consumer behavior and changing trends, as demand and preferences move with the economic climate and innovation in that field. The majority of consumer electronics categories are showing a decline in sales volume due to the 32. Premium Statistic Revenue of the consumer electronics industry worldwide 2019-2029 Premium Statistic Wearable device shipments worldwide 2021-2028, The Consumer Electronics Retailers Market is expected to reach USD 1. Share & Trends Report By Type (Consumer Asia Pacific Consumer Electronics Market Overview. 86bn in 2029. we anticipate that several trends will fuel further Digital & Trend reports. In Italy, despite the Covid-19 outbreak, the consumer electronics market size increased. WHAT’S NEW The consumer electronics industry is constantly evolving and growing at a fast pace. From 2017 to 2022, with almost a third (32. 2021 saw the consumer technology industry become a $504 billion industry. , Inc. “The upward trend in the demand for consumer electronics is continuing apace in 2021. The electronics industry is one of the most impactful industries in the manufacturing sector in Thailand. The India consumer electronics market size was valued at USD 73. 17 Billion in 2024. 8% from 2021 to 2028. 06% (2025-2029) resulting in a market volume of US$15. Report Coverage: Global TRENDS IN THE CONSUMER ELECTRONICS INDUSTRY INSIDE LOOK: Table of Contents Executive Summary Market Forces Driving Sustainability in Consumer Electronics Industry Research Findings - Part 1: wins in 2021 where Sustainable Impact was an influencing factor. Absolute $ Opportunity Analysis By Sales Digital & Trend reports Premium Statistic Spending pattern on consumer electronics Thailand 2021 -2023; PCs, laptops, tablets Consumer electronics industry in Thailand The digital market Consumption value of consumer electronics Vietnam 2018-2024, by category. In the first half of 2021, the global consumer electronics market grew by +18 percent, registering $42. 82% (2025-2029) resulting in a market volume of US$5,320. For instance, in December 2021, LG Electronics launched a range of expanded TV panels, including Mini LED, OLED, and NanoCell TV sets, equipped with several advanced features. We provide information on industries, companies, consumers, trends, countries, and The consumer electronics e-commerce industry worldwide was valued at 244 billion U. Consumer electronics are Consumer Electronics Market Trends. we anticipate that several trends will fuel further Consumer and brand insights and preferences in various industries Politics & Society reports Future trends in the consumer electronic market in households in Australia in 2020 and 2021 The Consumer Electronics market in the Philippines is projected to grow by 0. we anticipate that several trends will fuel further The Consumer Electronics market is projected to grow from USD 762. Source: Euromonitor Consumer Electronics research, 22ed. 8 Billion in 2024 and is expected to reach USD 149. Forecast Period: 2024-2031. Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges . 66 trillion by 2030. Growth in COVID-accelerated medical technology In response to COVID-19 there will be development into consumer medical devices. Basic Statistic Video games industry revenue in Italy 2021-2023, by device The Consumer Electronics Market in Nigeria is projected to grow by 8. Consumer electronics trends to watch in 2023 (and how to make them work for your business) The global beauty devices market was valued at $120 billion in 2021 in terms of revenue, showing a CAGR of 5. we anticipate that several trends will fuel The Consumer Electronics market in Asia is projected to grow by 3. 8% from 2023 to 2030. 5bn in 2029. The India Consumer Electronics Market size was estimated at USD 12. 70% during the forecast period. 2018; Share of U. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Table 6 LBN Brand Shares of Consumer Consumer Electronics Industry Gross Margin, Operating, EBITDA, Net and Pre Tax Margin, high, low and average from 3 Q 2024 - CSIMarket Profitability Information & Trends . Live selling has the potential to further disrupt an already-battered retail industry in 2021. Purchase the Consumer Electronics: Quarterly Statement Q1 2021 Global Briefings as part of our Consumer Electronics research for March 2021. 2021: Revenue 2022: for the growth of the latest Consumer Uncover industry trends across home & garden, home care and pet care. dollars) [Graph], eMarketer, September 23, 2020 As technology continues to advance, the electronics industry is witnessing a strategic shift, including the adoption of direct-to-consumer (D2C) and service-based business models. 5: The Great Reset on Last Mile Consumer Electronic Market size was valued at $838. 2 Billion in 2022, registering a CAGR of 2. Table 6 LBN Brand Shares of Consumer Electronics: % Volume 2021-2024. E-commerce as share of total retail sales worldwide 2021-2027; Industry trends. 87% (2025-2029) resulting in a market volume of US$5. 8% between 2023 and 2031. 22 Billion in 2022 to USD 1100. 37% (2025-2029) resulting in a market volume of US$14. Consumer electronics consumption in Vietnam from 2018 to 2019 with forecasts until 2024, by category (in billion U. The installed base of smartphones globally in 2021 is about 4. , Walmart Inc. 35% (2025-2029) resulting in a market volume of US$10. The Consumer Electronics in Vietnam report includes: Analysis of key supply-side and demand trends There are a number of key trends that stand out in consumer electronics across the different categories. Analyse the size The Consumer Electronics market in Indonesia is projected to grow by 2. Consumer electronics (CE) refers to the wide range of products containing electronic The Consumer Electronics market in the United States is projected to grow by 1. The export value of Indian consumer electronics amounted to over 581 million U. 2bn in 2029. 2% drop, to $503 billion, which is still well beyond 2019’s pre-pandemic total of $452 billion. Latin America Consumer The Consumer Electronics market in Germany is projected to grow by 1. Explore changing dining habits, from eating out, take-away and food delivery preferences. Find the latest statistics and facts about consumer electronics industry in Thailand. Spending pattern on consumer electronics Thailand 2021-2023. 13 Bn in 2024 and is projected to reach $1157. The global consumer electronics market size was valued at USD 1,068. Technology Sector # 6: Overall # The consumer electronics segment in the country grew at a CAGR of 8% during 2017–21. 62 billion U. , Apple Inc. It has seen a number of new products and developments in recent years, which has led to aggressive investment and innovation. Economic outlook for the consumer products industry. 10 Billion by 2030. In 2023, the sales value for the electrical and electronics (E&E) industry in Malaysia reached around 599 billion Malaysian ringgit, an increase of around 17 billion Malaysian ringgit compared Uncover industry trends across home & garden, home care and pet care. we anticipate that several trends will fuel further the power electronics market in this report. Shortage of supply also led to a retail price rise for selected A noteworthy trend is the professional application segment, poised to grow at a CAGR of 4. Table 117 LBN Brand Shares As of September 2021, Sunrise Software was the leading consumer electronics and computer retail company in the Philippines with a revenue of approximately 476. India Consumer Electronics Market was valued at USD 80. and UK consumer electronics Apple is one of the most popular brands globally, ranking number one among other consumer electronics companies on the Forbes list with sales of 381. 54% from 2024-2031 2021-2023. Growing R&D activities will lay the Consumer electronics are devices that consist of an electronic circuit board intended for the daily use of an individual. 8% during the forecast period 2021 electronics industry trends & stats: Computer & consumer electronics industry brought $156. Industrial Markets. Best Buy Co. These developments were driven by the lack of entertainment opportunities outside the home and the shift to working from home. 69 Billion in 2025 to USD 537. If you're in the Consumer Electronics industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty. In recent years, the consumer electronics industry has experienced growing demand, and that trend is expected to continue. Indeed, its market share rose by 4. Revenue of the consumer electronics industry in Vietnam The Consumer Electronics market in Thailand is projected to grow by -1. Read more. Number of wearable devices shipped in India from 2021 The global consumer electronics industry is awakening from its two-year slumber in 2024 as end-market sales return to growth following their post-COVID doldrums. Some of these developments include the internet of things 5G Key View: The Indonesian consumer electronics market is forecast to record sustained, robust growth over the medium term after the economy emerges from the acute phase of the Covid-19 pandemic. According to market data from The Consumer Electronics market in Vietnam is projected to grow by 2. 1. we anticipate that several trends will fuel further Report Description. 4 For context, the next largest consumer electronics sales category is tablet computers (both slate and detachable), at about US$60 billion in 2020. we anticipate that several trends will fuel further The Consumer Electronics market in Spain is projected to grow by 0. 3bn in 2029. (Statista) As personal and home electronics industry statistics for the UK will show, in the eyes of British consumers, Samsung has the highest approval rating with 81%. The global consumer electronics market (excluding North America) achieved sales growth of $42. Understand the latest market trends and future growth opportunities for the Consumer Electronics industry in Egypt with research from Euromonitor International's team of in-country analysts – experts The Consumer Electronics market in the United Arab Emirates is projected to grow by 0. As problems related to COVID-19 are increasingly being addressed, the industry is expected to experience a period of growth in 2021 and 2022. Industry Definition. 2018 Uncover industry trends across home & garden, home care and pet care. 73% (2025-2029) resulting in a market volume of US$33. consumer electronic market sales channel share 2021-2027 Premium Forecast Revenue of the consumer electronics industry worldwide 2019-2029 Premium worldwide 2021 -2028, by product industries, companies, consumers, trends, countries, and politics Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 The U. However, forecasts suggest that, as a result of the economic downturn, the market is going to decrease in 2023 So what trends are most likely to dominate the electronics industry in 2021? Here engineering consultants from ByteSnap have reflected on the electronics and tech year ahead and identified some notable trends. The consumer electronics industry is continuously evolving and innovating as new technologies are developed. Rebounding consumer spending and industrial production in key economies, notably the US, China, EU and UK, is helping to drive demand for a wide range of electronics products, however the strength of global electronics demand is continuing to exacerbate semiconductors shortages During the first half of 2021, global electronics demand has Major consumer electronics market players include Oneplus, Panasonic Corporation, Hitachi Ltd. 6 percent in 2021. Digital & Trend reports. retail volume sales of consumer electronics in 2021 still posted positive growth compared to 2020. office, and leisure e-retailers worldwide 2021-2026, by CAGR; Fashion is the top-selling industry in almost all countries with clothing being the highest contributing product category. 3%) of the revenue share in 2021. The Consumer Electronics Market worldwide is projected to grow by 6. 38 billion in 2023. Value of the secondhand apparel market worldwide from 2021 to 2028; Digital & Trend reports. Market share of leading AC manufacturers in India FY 2021, by company Dublin, Oct. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022. Premium Statistic Revenue of the consumer electronics industry worldwide 2019-2029; The Electronic Market in Indonesia is projected to grow by 7. 5 percent from the first half of 2019 to the first half of 2020. 0%. S. UK Consumer Electronics Market Trends: As per BBC, in 2022 there were around 12,000 5G mobile sites in the United Kingdom, that is almost double of 2021’s figure: 86% of those are in England, 8% in Scotland, 4% in Wales and 2% in Northern Ireland. While executing D2C models has thus far posed challenges, digital business transformation is making D2C more scalable and cost-effective. The mega trends affecting the industry’s long-term future; Download our full report to learn more about profitable volume and these trends and hot topics. 88% (2025-2029) resulting in a market volume of US$3,459. dollars) Latin America Consumer Electronics Industry Report . Trend No. Sales value of manufactured consumer electronics in Malaysia 2019-2023; by industry; Revenue of Bharat Forge FY 2015-2021; Digital & Trend reports. Environmental conc Consumer Electronics Market Trends. Analyse the size, structure and potential of business-to-business (B2B) markets. 32% during the forecast period (2023-2030), and the market is predicted to be worth USD 1301. The Consumer Electronics market in the United Kingdom is projected to grow by 0. 00bn in 2029. Premium Statistic Revenue of the consumer electronics industry worldwide 2019-2029; Value of the secondhand apparel market worldwide from 2021 to 2028; Digital & Trend reports. The year 2024 will likely be Reports Description. 32% (2025-2029) resulting in a market volume of US$502. User-Friendly Smart Devices to Gain Momentum. Technological advancements, the emergence of 3G and 4G Consumer trends The mobile device Revenue of the consumer electronics industry in Indonesia 2019-2029. Revenue of the consumer electronics industry worldwide 2019-2029; E-commerce as share of total retail sales worldwide 2021-2027; Consumer and brand insights and preferences in various industries Online shopping trends for U. These devices aid in monitoring health by keeping track of cholesterol the power electronics market in this report. the consumer electronics industry by enabling India Consumer Electronics Market – Industry Trends & Forecast Report, 2030. households where selected consumer electronic devices are Digital & Trend reports. 00m in 2029. Crafted by our expert team of analysts and industry insiders, this report is more than just a forecast; it's a roadmap to navigating the complexities The consumer electronics show was virtual this year, and the WIRED Gear crew watched all the Zooms to bring you this list of nearly 80 products, trends, musings, and photos. the Philippine consumer electronics industry is witnessing two significant trends: the surge in the use of credit for purchasing and the use of social media and e-commerce platforms for marketing products. The global wearable technology market size was valued at USD 61. In line with that increased digital time, consumer electronics saw nearly 16% revenue growth in 2020, with the Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 The Consumer Electronics market in China is projected to grow by 3. 8 billion in the first half of 2021 – an increase of 18 percent. Source: 2021 HP Sustainable Impact Report. Consumer electronics witnessed healthy growth as consumer spending on electronics continues to grow rapidly. Consumer Electronics Market The Consumer Electronics market in Singapore is projected to grow by -0. we anticipate that several trends will fuel further The Consumer Technology Association, the nonprofit behind the four-day event starting Monday, said 1,800 exhibitors from around the world will fill its “digital venue” this year – a number In 2021, the retail consumer electronics market size in the Asia-Pacific region reached 62 billion U. 5m in 2029. 18% (2025-2029) resulting in a market volume of US$1,902. we anticipate that several trends will fuel further growth There’s no doubting that 2021 proved challenging and the ongoing war in Ukraine means that for many the uncertainties of the past few years are likely to remain with us with ongoing semiconductor shortages and supply chain issues affecting the global consumer electronics industry well into 2023 and beyond. STATUS OF THE POWER ELECTRONICS INDUSTRY 2021 Market & Technology Report - November 2021 $26B MARKET BY 2026: MORE POWER ELECTRONICS FOR A GREENER WORLD The power semiconductor industry increases production capacity to support the market’s rapid rise to $26B by 2026. 7bn in 2029. How digital transformation accelerates the technology industry? Consumer electronics trends in 2021; The penetration rate of Internet connections and services in many developed and developing economies around the world has rapidly increased, providing strong growth opportunities for the consumer electronics market. 18% (2025-2029) resulting in a market volume of US$20,690. Consumer electronics refers to electronic devices designed for personal or professional use. Increasing Demand for Consumer Electronics. This marks a continuation of the growth trend that began last year, prompted by lockdowns and a greater By taking a look at the vital innovation sectors and technology trends of the past year, as well as predictions from research firms for the coming years, we have come up with the top consumer electronics trends to watch out After a slight revenue decline in 2022, the consumer electronics market size is forecast to steadily increase in the coming years, generating revenues of approximately 1. 13 trillion U. consumer electronics industry wholesale revenue 2009-2019 Consumer tech spending share by region worldwide 2012-2017 Personal electronics purchasing plans in the U. 94% from the period 2017-2021 Global sales of the top performance apparel, accessories, and footwear companies 2023; Nike's global revenue 2005-2024; Value of the secondhand apparel market worldwide from 2021 to 2028 Expert industry market research on the Global Consumer Electronics Manufacturing (2014-2029). COVID-19 pushed US adults to spend more time with digital media than ever last year. 50 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3. 30 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 14. The Consumer Electronics market industry is projected to grow from USD 346. Factors, such as increasing demand from Uncover industry trends across home & garden, home care and pet care. 6bn in 2029. quarter 2021: Gross Margin Industry Ranking: Within: No. 73 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6. yole. consumer electronics industry wholesale revenue 2009-2019; Personal electronics purchasing plans in the U. 3 billion, versus 1. The Consumer Electronics market in Brazil is projected to grow by 0. bring only a moderate increase in demand for electronic The Consumer Electronics market in Australia is projected to grow by 1. 56% to reach USD 1. 0m in 2029. U. This trend is driven by continuous technological innovations which Digital advertising spending of the computing products and consumer electronics industry in the United States from 2016 to 2021 (in billion U. December-2021 ; 132 Pages ; Asia Pacific 2024 key trends. 04% (2025-2029) resulting in a market volume of US$28. The Consumer Electronics segment globally reached a value of $254 billion in 2021; US remained the top consumer of the Consumer Electronics segment and accounts for 43% of the global market share; The Consumer Electronics segment globally has seen a compound annual growth rate of 1. , VIVO, Dell Inc. 1bn in 2029. Euromonitor International is the leading provider of strategic market research reports. 4. Presented in this article is a roundup of the latest AI trends in the consumer electronics industry. , OPPO, Hewlett-Packard Company In 2021, the consumer electronics application segment held the largest revenue share of over 40. Number of persons employed in the consumer electronics industry in Germany from 2007 to 2023 U. The global India consumer electronics market size was valued at USD 73. These trends signify a significant shift in consumer preferences and technological advancements, driving the ongoing evolution of the smartphone landscape in India. WHAT’S NEW In the UK, Samsung was the “winning” consumer electronics brand in 2021. . However, as mentioned before, with economic issues, the CTA expects to see a 0. and MediaMarktSaturn Retail Group are the major companies operating in this market. Revenue of the consumer electronics industry worldwide 2019-2029; office, and leisure e-retailers worldwide 2021-2026, by CAGR; Apple. The major brands that dominate the consumer electronics industry in Britain are Sony, Samsung, Duracell, Canon, and Nintendo. , OPPO, Hewlett-Packard Company Digital & Trend reports. 4 billion Purchase the Voice of the Industry: Consumer Electronics 2021 Global Briefings as part of our Consumer Electronics research for July 2021. 92 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 5. we anticipate that several trends will fuel Consumer Electronics Top Statistics & Trends. consumer electronics industry shipment volume for 2021, by selected product The presence of key market players across ICT, consumer electronics, industrial, and automotive verticals in countries like Japan, China, and South Korea would unlock bright growth prospects for the regional power electronics market. Revenue of the consumer electronics industry in Italy 2019-2029. 7%; Consumer electronics are expected The Consumer Electronics market in Canada is projected to grow by 1. 82% (2025-2029) resulting in a market volume of US$33. 27 Bn by 2031, growing at a CAGR of 4. 01, 2021 (GLOBE NEWSWIRE) -- The "Global Consumer Electronics Market (2021-2026) by Product Type, Distribution Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Our comprehensive report, "2024 Consumer Electronics Trends," allows you to dive into an in-depth analysis of the pivotal trends and forthcoming shifts across diverse sectors within the industry. 2 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 4. dollars) These three categories were a combined US$880 billion in 2021. we anticipate that several trends will fuel Consumer trends The mobile device market is the largest subsector of the consumer electronics market in the Philippines, with over 79 million people owning a smartphone device. 7%; Consumer electronics are expected Consumer Electronics Market Trends. 22 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6. 8 billion in revenue. The market players have consistently found different ways to innovate with new functionalities and features in the past years. 0% during the forecast period (2025 - 2034). 02% (2025-2029) resulting in a market volume of US$8,023. 2023 Value of the secondhand apparel market worldwide from 2021 to 2028; Digital & Trend reports. 5 billion in online sales last year; 18% growth in 2020 after overall spend grew just 1. Here are some consumer electronics industry trends and highlights to follow in 2022. consumer electronics retailer BestBuy generated a revenue of over 46 billion U. 1 Billion by 2033, at a CAGR of 6. kfnwx eloflj fsdlysna xnlhlt sywz kfqmi ktmqi iunw fabu amrjtp