AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Consumers Electronic market - Global outlook to 2025". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Consumers Electronic market to grow at a CAGR of %.
The Distribution Channel, such as Offline Retail, is boosting the Consumers Electronic market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Consumers Electronic market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rising Adoption of Smart Electronic Devices and Changing Lifestyle Standard and Increasing Disposable Income.
Consumer electronics refer to electronic devices for everyday use. Consumer electronics comprise communication, entertainment, and office productivity devices. Growing inclination towards smart electronic devices, changing lifestyle standard, increasing digitization, urbanization in key countries and increasing demand for wearable technology are the primary factors driving the sales of consumer electronics.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Consumers Electronic market by Type (Televisions, Handheld Devices, Personal Computers, Smartphone and Watches, Cameras and Camcorders, Audio/Video Devices, Personal Care Products, Gaming Consoles and Others), by Application (Communications, Entertainment, Office Productivity Sectors and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market