Consumer electronics sales in india

  • What is the growth of electronic sector in India?

    At present, India's domestic production has increased at a CAGR of 13% from $49 Bn in FY17 to $101 Bn in FY23.
    The country's electronics export is expected to reach $ 120 Bn by FY26. 96% reduction in data cost from INR 268 per GB in 2014 to INR 10 per GB in 2022..

  • What is the market size of consumer electronics in India?

    The market was valued at INR 5,363.70 Bn in 2021.
    It is expected to reach INR 12,898.89 Bn by 2027, expanding at a compound annual growth rate (CAGR) of ~15.77% during the 2022 - 2027 period.Feb 10, 2023.

  • In 2021, the Indian consumer durable industry was stood at US$ 9.85 billion is expected double these figures by within 4 years to reach US$ 21.2 billion.
    However, Electronics hardware production stood at US$ 63.39 billion in 2021.
Revenue in the Consumer Electronics market amounts to US$69.5bn in 2023. The market is expected to grow annually by 5.87% (CAGR 2023-2028). The market's largest segment is the segment Telephony with a market volume of US$44.3bn in 2023.

What is the projected growth rate of the consumer electronics market?

Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 8

33%, resulting in a projected market volume of US$11,390

00m by 2027 With a projected market volume of US$251

10bn in 2023, most revenue is generated in China

In the Consumer Electronics market, the number of users is expected to amount to 405

1m users by 2027
The India consumer electronics market size was valued at USD 73.73 billion in 2022and is expected to grow at a compound annual gro…

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