Japan consumer electronics market

Revenue in the Consumer Electronics market amounts to US$44.6bn in 2023. The market is expected to grow annually by -0.33% (CAGR 2023-2028). The market's largest segment is the segment Computing with a market volume of US$17.7bn in 2023.
Revenue in the Consumer Electronics market amounts to US$44.6bn in 2023. The market is expected to grow annually by -0.33% (CAGR 2023-2028).

Is Japan the brain country behind consumer electronics?

Japan is the brain country behind consumer electronics but the rising competition from China, Taiwan, and South Korea has decreased the global and local presence of Japanese companies

What is the growth rate of consumer electronics market?

The market size of the Consumer Electronics segment in the region has seen a compound annual growth rate of 0

6% from the period 2017-2021

The reduction in CAGR was mainly on account of the Covid-19 pandemic which impacted the region in 2020

What is the market share of consumer electronics in Japan?

Of the total electronic industry in Japan, consumer electronics have around 48

6% market share, with major adoption among the middle and high-income group population

Japan is a technology developed country but over the past few years, the Japanese companies Sony, Panasonic, and Sharp …

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