Asia Pacific Dominates Global Consumer Electronics Market Fueled by Increasing Demand for Smartphones
Transparency Market Research has published a report on the global consumer electronics market. According to the report, the global consumer electronics market stood at US$1,074.56 bn in 2013 and is predicted to be valued at US$1,550.34 bn by 2022. The report, titled 'Consumer Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022', states that the global consumer electronics market is predicted to expand at a 4.0% CAGR during the period from 2014 to 2022.
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