Consumer Electronics Market Share, Size, Growth, Trends, Industry Analysis and Forecast 2025

Credence Research has recently published a market research study that includes elaborative analysis which was result of an extensive research methodology for Consumer Electronics market with estimations from 2018 to 2026. The highlights of this report are drivers, restraints and opportunities of Consumer Electronics market, offered across the recent and estimated timeline till 2026.

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Major report takeaways are competitive landscape assessment, attractive investment proposition, and brief profiles of companies operating in Consumer Electronics market which will give 3600 view for the market dynamics. Companies are profiled on the basis of vital data points such as business overview, financial synopsis, product/service portfolio, and news coverage accompanied with recent updates specific to Consumer Electronics market. The cross-sectional geographical analysis covers regions such as North America (U.S & Canada), Europe (U.K., Germany & Rest of Europe), Asia Pacific (China, Japan, & Rest of Asia Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and Middle East & Africa (GCC & Rest of Middle East & Africa).

Leading Players:

Key research study highlights comprise:

1. Exhaustive research and analysis of the global Consumer Electronics industry
2. The key market segments along have been explained in the report thoroughly along with their existing and estimated market size
3. Major elements of market dynamics such as drivers, challenges and opportunities and their effect on Consumer Electronics market is also covered in the report
4. Key players operating in the market are profiled and accompanied with the competitive landscape evaluated on the basis of product offering & business strength
5. Cross sectional analysis of each region covering individual segments for the forecast period 2016 - 2018 in terms of value (US$Mn)

Research methodology applied for this study:

Methodology of this research study includes primary and secondary research for defining the market size, shares and forecast for global Consumer Electronics market specific to key segments, and regional segmentation.

1. Secondary Research

Secondary research was initiated with data collected through sources such as press releases, company annual reports, and relevant documents focusing on the current developments in the global Consumer Electronics market. Authentic sources such as university research papers, scientific journals, and government websites were similarly screened for identifying business opportunities in several geographical markets and penetration of various products/services in these geographies. Paid databases were excavated to assemble information beneficial for broad commercial study of the key players operating in Consumer Electronics market. In case lack of data availability on the public domain, we used estimation models to arrive at comprehensive data sets. Secondary research helped to create a firm base to build market size, analyze trends, and understand the dynamics of Consumer Electronics market study.

1. Primary Research

The exhaustive secondary research practiced was supported & validated by extensive primary research. Primary research was carried out with the help of e-mail interactions, telephonic interviews, as well as face-to-face interviews with the leading industry stakeholders.

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The participants tracked for primary interviews include:

• Marketing/product managers
• Vice President/ CEOs
• National sales managers
• Market intelligence managers
• Distributors
• Purchasing managers
• Other stakeholders

On the basis of electronic device, the global consumer electronics market is categorized into following segments:

• Smartphone
• Feature Phone
• Tablet
• Smart TV
• Other TV
• Personal Computer
• Set-top Box
• Digital Camcorder & Camera
• Digital Media Adapter
• Printer
• Game Console
• Others

Their contribution to the global consumer electronics market in 2015 and 2023 is as shown in the figure below.

Among electronic devices, in terms of both value and volume, smartphone sub-segment is projected to hold a major chunk of overall consumer electronics market revenue share over the forecast period. In 2015, the sub-segment accounted for over 30% of the overall market share. Increasing introduction of mobile shopping, mobile banking and money transfer apps by banks and financial institutions is boosting the demand for smartphones across the globe. Personal computer was the second-largest sub-segment accounted for more than 15% market share in 2015.

On the basis of geography, the global consumer electronics market is segmented into following regions and countries.

• North America
  • U.S.
  • Canada
• Europe
  • United Kingdom
  • France
  • Germany
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
• Rest of the World
  • Latin America
  • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global consumer electronics market in 2015 and 2023 is as shown in the figure below

In 2015, Asia Pacific was the largest regional market, holding major chunk of the market revenue. Increasing adoption of newly introduced cost-effective consumer electronics is boosting growth of the consumer electronics market in the region. Additionally, Asia Pacific is expected to witness highest CAGR of over the forecast period. Europe was the second largest regional market in terms of value contribution. Growing shift of consumers towards wearable devices to track health related activities is propelling market growth.

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