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Electronics and Smart Devices Market Size

  • Report ID: 6097
  • Published Date: May 31, 2024
  • Report Format: PDF, PPT

Electronics and Smart Devices Market Size

Electronics & Smart Devices Market size was over USD 774.3 Billion in 2023 and is predicted to exceed USD 1776.1 Billion by the end of 2036, growing at over 7.16% CAGR during the forecast period i.e., between 2024-2036. According to some reports, the revenues from the global consumer electronics sector were over USD 1000 Billion in the first quarter of 2024. Factor that fuels the market is advancement of technology which is also accessible to the mass population.

Electronics & Smart Devices Market
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Author Credits:  Abhishek Verma


  • Report ID: 6097
  • Published Date: May 31, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing offering a range of wireless connectivity choices and advancements in technology are the major factors driving the growth of the electronics & smart devices market.

The market size of electronics & smart devices is anticipated to attain a CAGR of 7.16% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Samsung, LG, Philips, Apple, Haier, Honeywell, ABB Group and others.

The Wi-Fi segment is anticipated to garner the largest market size by 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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