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Consumer Electronics Market Share

Report ID: GMI2383
Published Date: Jul 2024
Report Format: PDF

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Consumer Electronics Market Share

Consumer Electronics Market Company Share Analysis, (2023)

The consumer electronics industry is fragmented with prominent players, such as Apple inc, Bose corporation, Samsung electronics, Plantronics, inc. Holding a market share of 20-25%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.

Consumer Electronics Market Companies

Major players operating in the consumer electronics industry include:

Acer, Inc.
Apple Inc.
Bose Corporation
Dell Inc.
Google, Inc.
GoPro, Inc.
Haier Corporation
Hewlett-Packard Company
Hitachi, Ltd.
Huawei Technologies Co. Ltd.
Lenovo Inc.
Panasonic corporation
Plantronics inc
Robert Bosch GMbh
Samsung Electronics co ltd

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for consumer electronics was valued at USD 1.3 trillion in 2023 and is anticipated to register 13.2% CAGR between 2024 and 2032 due to rapid technological evolution.

The audio and video equipment segment in the consumer electronics market generated over USD 920 billion in 2023 and is expected to reach USD 3 trillion by 2032 owing to the growing demand for entertainment experiences in home environments.

Asia Pacific market generated USD 560 billion in 2023 and may reach USD 1.3 trillion by 2032 driven by the large consumer bases in countries like China and India.

Acer, Inc., Apple Inc., Bose Corporation, Dell Inc., Google, Inc., GoPro, Inc., Haier Corporation, Hewlett-Packard Company, Hitachi, Ltd., and Huawei Technologies Co. Ltd. among others.