Consumer Electronics Market Analysis and Scope 2021-2031
Consumer Electronics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 843.72 Billion |
Market Size by 2031 | US$ 1,337.20 Billion |
Global CAGR (2025 - 2031) | 6.8% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Consumer Electronics Market News and Recent Developments
The Consumer Electronics Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Consumer Electronics Market are listed below:
- Samsung Electronics has been the leader in the commercial display market for 14 consecutive years with its innovative products. This year, the company has once again set the standard for displays with the release of The Wall for Virtual Production (IVC Model). This ultra-large MICRO LED-based display is customized for virtual content production. It has been praised for its unmatched color capabilities, pristine high definition, and black seal technology for ultra-black levels. The Wall for Virtual Production was unveiled at Infocomm 2023, the largest audiovisual tradeshow in North America, and the International Broadcasting Convention (IBC) 2023, a premier exhibition for broadcasting and media in Europe. (Source: Samsung, Company Website, November 2023)
- Sony Electronics Inc. has recently released the Xperia 1V smartphone, which is equipped with advanced and innovative technology. The device features a newly developed stacked CMOS image sensor with a two-layer transistor pixel, which enables the user to capture impressive portraits with accurate color day and night. The sensor is nearly twice as large as the previous model, and it provides improved low-light performance with minimal noise. The Xperia 1V is packed with Sony's cutting-edge technology, meeting the high-level needs of creators while, at the same time, supporting future makers who want to shoot or deliver their content with pride. The device also features an 85-125mm optical zoom lens that enables bright portraits with little distortion. (Source: Sony Electronics Inc, Newsletter, May 2023).
Consumer Electronics Market Report Coverage and Deliverables
The “Consumer Electronics Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Consumer Electronics Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Consumer Electronics Market trends as well as market dynamics such as drivers, restraints, and key opportunities.
- Detailed PEST/Porter’s Five Forces and SWOT analysis.
- Consumer Electronics Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Consumer Electronics Market.
- Detailed company profiles.