Global Personal Consumer Electronics Market

Global Personal Consumer Electronics Market 2023-2027
The personal consumer electronics market is forecasted to grow by USD 92.66 bn during 2022-2027, accelerating at a CAGR of 5.04% during the forecast period. The report on the personal consumer electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by frequent product launches, adoption of energy-efficient personal consumer electronics, and growing investment in R and D activities.

Technavio's personal consumer electronics market is segmented as below:

By Product TypeSmartphonesTablets laptops and notebooksPortable devicesDigital cameraOthersBy Distribution ChannelOfflineOnlineBy Geographical LandscapeAPACEuropeNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the rapidly growing e-commerce industry as one of the prime reasons driving the personal consumer electronics market growth during the next few years. Also, increased smart home adoption and strategic alliance and partnership will lead to sizable demand in the market.

The report on the personal consumer electronics market covers the following areas:Personal consumer electronics market sizingPersonal consumer electronics market forecastPersonal consumer electronics market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal consumer electronics market vendors that include Apple Inc., Bajaj Electricals Ltd., Dell Technologies Inc., Electrolux AB, Fujitsu Ltd., Havells India Ltd., Hisense International Co. Ltd., Hitachi Ltd., HP Inc., Huawei Technologies Co. Ltd., Koninklijke Philips NV, Lenovo Group Ltd., LG Corp., Micromax Informatics Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Sony Group Corp., Toshiba Corp., Whirlpool Corp., and Xiaomi Communications Co. Ltd.. Also, the personal consumer electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.