Consumer electronics market trends

What are the trends in the electronics market?
The increasing demand for smartphones is one of the key trends driving the growth of the consumer electronics market.
Smartphones are becoming more affordable and feature-rich, making them accessible to a wider range of consumers.
The rising demand for televisions is another key trend driving the growth of the market._{Jul 11, 2023}.
What is the future of the consumer electronics market?
The global consumer electronics market size is expected to reach $1.1 trillion by 2030.
The industry is expected to grow at a CAGR of around 5.0% from 2023 to 2032.The global consumer electronics industry offers a range of investment opportunities for investors..

Consumer Electronics Market Analysis and Size Data Bridge Market Research analyses that the global consumer electronics market which was USD 729.61 billion in 2022, is expected to reach USD 993.92 billion by 2030, growing at a CAGR of 3.94% during the forecast period of 2023 to 2030.

The global consumer electronics market size was valued at US$ 723 billion in 2022 and is expected to hit US$ 1264.52 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 5.80% during the forecast period 2023 to 2032.

Categories

Consumer electronics market trends

What are the trends in the electronics market?

What is the future of the consumer electronics market?