Consumer electronics production value

The global Consumer Electronics market size was valued at USD 1013975.68 million in 2022 and is expected to expand at a CAGR of 5.72% during the forecast period, reaching USD 1416081.12 million by 2028.

The global consumer electronics market size was valued at USD 738.75 billion in 2022 and is projected to grow from USD 773.40 billion in 2023 to USD 1,239.40 billion by 2030, exhibiting a CAGR of 6.97% during the forecast period.

What factors impact the cosumer electronics industry in 2021?

In 2021, we're watching the following factors impacting the cosumer electronics industry: Technological advances: robotics and progress in AR/VR, miniaturization of components, cheaper and more accurate elements, and increased connectivity; Environmental concerns and a shift towards carbon neutrality

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