Worldwide Consumer Electronics Industry to 2028 - Featuring Panasonic, Samsung and Toshiba Among Others - ResearchAndMarkets.com

The "Consumer Electronics Market, By Device Type: Consumer Electronic Device, Wearable Device, Smart Home Device, By Region - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Consumer electronics or otherwise known as home electronics are electronics meant for personal use, normally at home. Consumer electronics consist of electronic appliances used for communication, entertainment, and also recreational purposes. Mostly referred to as white goods because of the fact that most products being manufactured in black or neutral colors are housed in dark or black casing.

More advanced white electronics appliances usually come with flashy advertisements, which is another reason for the popularity of these appliances. The new trends in consumer electronics products are discovered every day and their effects on the industry are remarkable.

Increasing number of smartphone users is expected to boost the global consumer electronics market growth over the forecast period. As per the Pew Research Center, in 2019, around 81% of people in the U.S. had smartphones, increasing from 68% in 2015. According to the same source, tablet users in the U.S. increased from 34% in 2013 to 52% in 2019. This, in turn, has increased the demand for advanced smartphones and tablets.

Furthermore, growing popularity of modern consumer electronics in Asia Pacific is expected to accelerate growth of the global consumer electronics market in the near future.

Key features of the study:

• This report provides in-depth analysis of the consumer electronics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global consumer electronics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global consumer electronics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global consumer electronics market

Detailed Segmentation:

Global Consumer Electronics Market, By Device Type:

• Consumer Electronic Device
• Smartphone
• Feature Phone
• Tablets
• Other TVs
• Smart TV
• Set-top Box
• Personal Computer
• Digital Camcorder & Camera
• Digital Media Adapter
• DVRs
• Game Console
• Printer
• Other Consumer Electronic Device
• Wearable Device
• Smart Accessory
• Other Wearable Device
• Smart Home Device
• Smart Kitchen Appliances
• Security & HVAC System

Global Consumer Electronics Market, By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Company Profiles

• Panasonic Corporation
• Samsung Electronics Co. Ltd.
• Toshiba Corporation
• LG Electronics Co. Ltd.
• Hewlett-Packard Inc. (HP)
• Apple Inc.
• Sony Corporation
• Hitachi Ltd.
• Koninklijke Philips N.V.

For more information about this report visit https://www.researchandmarkets.com/r/tgzki4

View source version on businesswire.com: https://www.businesswire.com/news/home/20220330005501/en/