Revenue in the Consumer Electronics market amounts to €180.70bn in 2022. The market is expected to grow annually by 1.28% (CAGR 2022-2027).
The market's largest segment is the segment Telephony with a market volume of €68.75bn in 2022.
In global comparison, most revenue is generated in China (€224.80bn in 2022).
In relation to total population figures, per person revenues of €212.80 are generated in 2022.
In the Consumer Electronics market, 45.7% of total revenue will be generated through online sales by 2022.
In the Consumer Electronics market, volume is expected to amount to 1,482.5m pcs. by 2027. The Consumer Electronics market is expected to show a volume growth of 4.2% in 2023.
The average volume per person in the Consumer Electronics market is expected to amount to 1.6 pieces in 2022.
The Consumer Electronics market comprises electronic and digital devices used privately either for entertainment (television sets, radios , smart speakers, etc.), communication (telephones, smart phones, etc.) or home-office activities (printers, copiers). Consumer electronics and household appliances (such as washing machines and refrigerators) are often sold by the same retailers, but the latter are excluded from this market outlook as they serve a purpose different than the one mentioned above. Big brands in this category are Samsung, Dell, HP, Apple, LG, Sony, etc. The Consumer Electronics market is driven by innovation – a constant improvement on existing products and their blend in creation of new commodities. This is why many of the devices contained in this market have more than one purpose (e.g. smartphones can be used as cameras, radios, etc.), and, in order to realize a consistent segmentation, focus is on their main function. The Consumer Electronics market only includes retail sales.
TV, Radio and Multimedia
Computing devices and equipment
TV Peripheral Devices
Video game consoles and VR devices
Smart remotes with a display or touchscreen
Smart displays (smart speakers with a touchscreen)