Consumer Electronics Market: Global US$ 2,976.1 Bn Industry Analysis, Growth, Opportunity Assessment, 2020
With the middle-class, urban population increasing and a major shift in lifestyle, Future Market Insights anticipates exponential growth prospects for the global consumer electronics market. The market is expected to reach a market valuation of US$ 1,712.9 Bn by 2016 end registering a CAGR of 15.4% over 2016-2020. Smartphones are slated to dominate the consumer electronics product type segment, whereas Asia Pacific will continue to be the leading region in terms of consumer electronics consumption over the forecast period.
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