Consumer Electronics Market 2020-2026; Growth Forecast & Industry Share Report - PowerPoint PPT Presentation

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Consumer Electronics Market 2020-2026; Growth Forecast & Industry Share Report

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Rapid advancements in the technological sector is expected to stimulate consumer electronics market size over the forecast timeline, with emerging trends in devices like smartphones, headphones & earphones, speakers and household appliances as well as expansion of wireless technologies like Bluetooth, NFC and Wi-Fi. – PowerPoint PPT presentation

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Title: Consumer Electronics Market 2020-2026; Growth Forecast & Industry Share Report


1
Consumer Electronics Market Growth Potential
Forecast, 2026
2
Key Insights Consumer Electronics Market
  • Rapid advancements in the technological sector is
    expected to stimulate consumer electronics market
    size over the forecast timeline, with emerging
    trends in devices like smartphones, headphones
    earphones, speakers and household appliances as
    well as expansion of wireless technologies like
    Bluetooth, NFC and Wi-Fi.
  • The growing emphasis on improvement of consumer
    experience and convenience is urging
    manufacturers to introduce innovative
    technologies and features in their products, thus
    boosting consumer electronics industry trends.
  • The industry size will further be enhanced with
    proliferating customer spending power in
    developing economies combined with elevated
    energy-efficient device penetration.

3
Continued
  • Escalating demand for audio video equipment can
    be attributed to new emerging technologies
    including high resolution technologies like 4K,
    8K and so on in the consumer electronics sector.
    Likewise, with the streaming video industry
    flourishing due to renowned players like Netflix
    and Amazon Prime creating 4K resolution content,
    the paradigm shift towards ultra-HD systems is
    rather evident.

4

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5
Major Companies Consumer Electronics Market
  • AB Electrolux
  • Acer Inc.
  • Apple Inc.
  • Best Buy Co.Inc.
  • Bose Corporation
  • Canon Inc.
  • David Clark Inc.
  • Dell Inc.

6
Regional Consumer Electronics Market
  • Due to a significant number of home appliance and
    smartphone consumers in the region, the APAC
    market is expected to generate strong gains in
    the consumer electronics industry.
  • This regional growth is primarily motivated by
    increasing population density and higher
    disposable income in countries like India, China,
    Korea and South Japan.
  • The APAC region is anticipated to emerge as a
    pivotal regional consumer electronics market due
    to the advancement of mobile device sectors in
    densely populated nations. Furthermore, the
    increasing demand for headsets from offshoring
    facilities in India and Philippines is expected
    to boost product demand.

7
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