Consumer electronics stores market 2020 current trends. Moreover, rise in the disposal income, rising awareness amongst consumers, and launch of innovative technological products are among the factors accelerating the global consumer electronics market. Global consumer electronics market to hit usd 1,787 billion. The global consumer electronics market is classified into product type, and region with outstanding market players apple inc, huawei technologies co ltd. Consumer electronics market global industry analysis, size and. Significant global trends that may specifically affect emerging markets include. Electronic pdf the global consumer electronics market is expected to reach usd 838. Global consumer electronics and appliances market by type consumer electronics, and consumer appliances, by application electronic and specialty retailers, hypermarkets, and onlines, by region, and key companies industry segment outlook, market assessment, competition scenario, trends and forecast 20192028. In this publication, we will discuss the biggest trends impacting the industry and highlight how some retailers are taking up the challenge and staying competitive. From traditional consumer electronic products such as smartphones, laptops, computers, tablets, and digital cameras, to the more advanced products such as band, chest strap, activity tracker, fitness monitor, pedometer, and wearable electronic devices, the global market for consumer electronics encompasses a wide. While the global population is estimated to expand to 9 to 9. According to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of slightly above 6.
With strong compound annual growth, the global consumer. Consumer electronics market research reports, consumer. Consumer electronics sales in 2010 rebounded well and showed little illeffects from the global economic downturn from the previous year. In 2018, it accounted for 48% of the worldwide consumer electronics revenue and 21% of volume sales. Women now represent the largest market opportunity in the world. In this report, growth potentials, market drivers, consumer insights, key companies and future developments in the consumer electronics market worldwide will be discussed. Our 2020 global report include trends, statistics, opportunities, sales data, market share, segmentation projections on the consumer electronics market. The global lockin amplifier market is expected to display higher growth rate in the upcoming years. Several consumer electronics movement, processes, basics. Additionally, the global consumer electronics market is segmented on the basis of device type including consumer electronic device, smart home device, and wearable device. By 2020, the electronics market in india is expected to increase with a cagr of 24. Apr 17, 2020 the report presents the market competitive landscape and a corresponding detailed analysis of the major vendorkey players in the market.
Get up to speed on any industry with comprehensive intelligence that is easy to read. Global consumer electronics b2c ecommerce market 2018. Prior to his present role, he was marketing development manager of the consumer electronics division of royal philips in amsterdam. The global consumer electronics market report begins with an overview of the market and key definitions. Among these, the consumer electronic device segment will remain dominant with over 97% share of the global market by the end of the forecast period. The 20 accenture consumer electronics products and services usage report. The changing dynamics of the global high tech industry capgemini. Euromonitor international is the leading provider of strategic market research reports. Consumer electronics rebounds from economic downturn global trends. Research and markets has announced the addition of the global consumer electronics market forecast 2022 report to their offering the consumer. The consumer electronics are an electronic apparatuses intended for routine usage characteristically in the sectors of office throughput, communications and entertaining. Top companies in the global consumer electronics stores.
The global consumer electronics market is estimated to register a cagr of x. Consumer electronics market segment, forecast, analysis. The scope of this report extends to sizing of various technologies for the consumer electronics market and an analysis of global market trends with market data for these technologies at global level in 2018, which is being considered as the base year. The report segments global consumer electronics market as follows. According to verified market research, the global consumer electronics market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.
Jan 07, 2019 the global market for consumer electronics ended the year 2018 with a 6% increase in sales while total sales of around 8 billion were recorded. Consumer electronics market forecast 2024 global report. Based on region, the global consumer electronics market is classified as north america, latin america, western europe, eastern europe, apej, japan, and mea. Consumer electronics global industry overview market. Each consumer report offers the primary research and indepth data found in our market data reports alongside expert insights, trend analysis and market forecasting. Increasing penetration of smartphones across the globe is expected to drive the market growth. Consumer electronics worldwide statista market forecast. The consumer electronic device segment will continue dominance, accounting for more than 97% market share by 2020end, with smartphones witnessing maximum traction. Global consumer electronics market trends, applications, analysis. Global consumer electronics market expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of slightly above 6. Jan 22, 2018 consumer electronics market size is set to exceed usd 1. Consumer electronics global consumer electronics market revenues will expand 1. Global consumer electronics market research reports.
If you would like more information regarding this document please contact dev devani or dan coonan from the kpmg international global. Revenue is expected to show an annual growth rate cagr 20202024 of 7. With a sales volume of more than 100 billion in 2018, the market for television equipment accounted for around three quarters of consumer electronics turnover globally and grew by more than five percent. According to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at. Iot in consumer electronics market research report global.
If you work in the consumer electronics industry, you need to be switched on 247. Technology never rests, nor waits for you to catch up. Find the most comprehensive and timely view of the global consumer electronics market. Global iot in consumer electronics market, 20172023 usd billion source. Dec 23, 2016 persistence market research indicates staggering growth prospects for the global consumer electronics market. Global consumer electronics market size, share, trends 2017. Consumer electronics market global industry analysis, size. Overview of consumer electronics b2c ecommerce market, november 2018 breakdown of global retail ecommerce sales of consumer electronics by regions, incl. The telephony segment is by far the largest segment of the consumer electronics market.
Pdf an analysis of sources of risk in the consumer electronics. The global market for consumer electronics ended the year 2018 with a 6% increase in sales while total sales of around 8 billion were recorded. Avg inventory levels damaged semi wafer facilities in japan 0 10 20 30 40 50 60 70 80 q1 09 q2 09 q3 09 q4 09 q1 10 q2 10 q3 10 q4 10 q1 11 e company global market share of wafers percent of global production affected sumco 20% 11% of global production in 2011 shinetsu 30. Size markets and get forecasts for 40 consumer devices including home entertainment devices, home appliances and mobile devices and technology markets across seven global regions. According to the report, global consumer electronics market was valued at around usd 1172 billion in. Christof baron about statista ceo, mindshare germany. The ecommerce market segment consumer electronics includes the online sale of consumer electronics, for example, radios, tv sets, mp3 players, stereo systems and dvd players. Rising adoption rate of smartphones is fueling global consumer electronics market. Flexible electronics market size growth industry forecast. The report presents the market competitive landscape and a corresponding detailed analysis of the major vendorkey players in the market. The demand for televisions with larger screen sizes integrated with. The consumer electronics market is divided into four segments.
Global consumer electronics man industry trends 20152020 global consumer electronics man industry outlook 20202025 poll average industry growth 20152020. Recent technological advancements have led to the miniaturization of smart devices, and are expected to be key factor driving the consumer electronics industry. He is director of van hamersveld mc specialising in international marketing, management and research. Nov 07, 2019 get sample pdf and read more details about the consumer electronics market report 2020. The report, global consumer electronics market forecast 2022, thoroughly studies the global consumer electronics market. Jun 28, 2018 global consumer electronics market expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of slightly above 6. Global consumer electronics and appliances market segment.
Global consumer electronics market growth opportunities. Jan 23, 2019 according to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of. The topics analyzed within the report include a detailed breakdown and analysis of the global markets for consumer electronics. The global tv market is profiting from highend devices. Global industry analysis, size, share, growth and forecast to 2020 by future market insights. Fluctuating production and the use of temporary and other forms of employment, issues paper for discussion at the global dialogue forum on the adaptability of companies to deal with fluctuating demands and the incidence of temporary and other forms of employment in electronics. Western europe, in %, 2018e b2c ecommerce sales of consumer electronics, in usd billion, and yearonyear change, in %, 2018e 2023f. Consumer electronics market to exhibit swift growth based on. By device type, the global consumer electronics market is segmented into consumer electronic device, wearable device, and smart home device. A global database of new consumer packaged goods launches in 86 markets. The global consumer electronics market reports confront the ebb and flow involved in significant market players. Iot in consumer electronics market information, by application, sensor and deployment, iot in consumer electronics market is a network of physically connected devices with help of software, sensors electronic equipments and network connectivity. Global consumer electronics manufacturing industry data.
Consumer electronics rebounds from economic downturn. Japans consumer electronics and semiconductor companies. Company websites, annual reports, white papers, mrfr analysis the global iot in consumer electronics market is estimated to grow up to usd 124 billion at cagr 24. Consumer electronics market persistence market research. Global consumer electronics market forecast, 2022 research. The global consumer electronics market is classified on the basis of product type into televisions, handheld devices, personal computers laptops, desktops, cameras and camcorders, audiovideo devices portable mp3 players, settopbox, musi. Market research analysis industry global consumer electronics.
The subsequent sections evaluate the present scenario and future growth prospects of the global consumer electronics market on the basis of device type and geographical region, and provide a comprehensive market forecast for the next four years. Consumer electronics market size in china q3 2018q2 2019 statista is a great source of knowledge, and pretty helpful to manage the daily work. Purchase the consumer electronics global industry overview strategy briefing as part of our consumer electronics market research for august 2017. For this report, the purchase of an enterprise licence allows up to. According to forbes, female consumer purchasing power exceeds the gdp of india and china combined. Consumer electronics market size valued at usd 1,100 billion and is expected to register over 3% growth between 2017 and 2024. The scope of this report extends to sizing of various technologies for the consumer electronics market and an analysis of global market trends with market data for these technologies at global level in 2018, which is being considered as the base year, 2019 as the.
Consumer electronics market global industry analysis. Consumer electronics market to exhibit swift growth based. X% in terms of value during forecast period 20182027. Get sample pdf and read more details about the consumer electronics market report 2020. Global consumer electronics market continues to grow. Consumer electronics have witnessed increased adoption in the past decade. The industry was led by strong sales growth within tablets, ereaders, oled tvs and smartphones, amongst others. The global consumer electronics market is classified on the basis of product type into televisions, handheld devices, personal computers laptops, desktops, cameras and camcorders, audiovideo devices portable mp3 players, settopbox, music systems, accessories, personal care products shavers, hair dryers, and gaming consoles. Global consumer electronics market size, share, trends. The consumer electronics market is set to exceed usd 1.
The demand for televisions with larger screen sizes integrated. Jun 29, 2018 according to the report, global consumer electronics market was valued at around usd 1,172 billion in 2017 and is expected to reach approximately usd 1,787 billion in 2024, growing at a cagr of. Rapid surge in the market is credited to the growing demand from consumer electronic sector and increasing penetration across the globe. Consumer electronics market global industry size, share. Tablet pcs will drive the global consumer electronics market. Global consumer electronics market to hit usd 1,787 billion by.
The global consumer electronics market is expected to reach usd 838. And with china serving as the main source of counterfeit electronics, counterfeit consumer electronics is a global issue, and not just one relegated to the western world. Get more details on this report request free sample pdf. The expertled global market intelligence solution for the food and drink industries. Global consumer electronics market to hit usd 1,787. The study revealed that north america tops the market share of consumer electronics products, followed by asiapacific region. Mintels market data reports offer a quick and indepth look at a market, providing market sizes, market shares, industry insights and 5 years forecasts. Find industry analysis, statistics, trends, data and forecasts on global consumer electronics manufacturing from ibisworld. Consumer electronics market report provides key consumer goods market trends, forecasts, size, share, and overview of consumer electronics market. The expertled global market intelligence solution for the household and personal care sectors. Global consumer electronics market will reach usd 1,787.
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