Consumer Electronics Market

Consumer electronics is a vast field that includes numerous electronic devises for home and office and includes communication, personal use and entertainment requirements. Spiraling demand for consumer electronic devices for personal and official use are driving the market worldwide. Consumer electronic devices include notebooks, radios, laptops, tablets, personal computers, digital cameras, audio equipment, calculators, personal care devices and gaming consoles among the classifications of products. Consumer electronics are developing rapidly with enhanced technologies to satisfy the demands of consumers. The global consumer electronics market is anticipated to reach a value of US$ 1,550.34 billion by 2022, expanding at a CAGR of 4.0%. In 2013 the market for consumer electronics had reached a value of US$ 1,074.56 billion.

Consumer Electronics Market

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