Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Electronics & Smart Devices Market size was over USD 830.05 billion in 2024 and is poised to exceed USD 2.05 trillion by 2037, witnessing over 7.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of electronics & smart devices is evaluated at USD 880.85 billion.
Factor that fuels the market is advancement of technology which is also accessible to the mass population.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of electronics & smart devices is evaluated at USD 880.85 billion.
The electronics & smart devices market size was over USD 830.05 billion in 2024 and is poised to exceed USD 2.05 trillion by 2037, witnessing over 7.2% CAGR during the forecast period i.e., between 2025-2037. Increasing offering a range of wireless connectivity choices and advancements in technology will drive the market growth.
Asia Pacific industry is predicted to hold largest revenue share of 34% by 2037, impelled by surge in the demand of smartphones and the availability of wireless solutions in the region.
The major players in the market are Samsung, LG, Philips, Apple, Haier, Honeywell, ABB Group and others.