Global Consumer Electronics Market Size & Outlook

The global consumer electronics market size was estimated at USD 1,214,112.7 million in 2024 and is projected to reach USD 1,782,600.0 million by 2030, growing at a CAGR of 6.6% from 2025 to 2030.
Revenue, 2024 (US$M)
$1,214,112.7
Forecast, 2030 (US$M)
$1,782,600.0
CAGR, 2025 - 2030
6.6%
Report Coverage
Worldwide

Global consumer electronics market highlights

  • The global consumer electronics market generated a revenue of USD 1,214,112.7 million in 2024 and is expected to reach USD 1,782,600.0 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.6% by 2030.
  • In terms of segment, smartphones accounted for a revenue of USD 672,926.7 million in 2024.
  • E-readers is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 1,214,112.7 million
Market revenue in 2030USD 1,782,600.0 million
Growth rate6.6% (CAGR from 2025 to 2030)
Largest segmentSmartphones
Fastest growing segmentE-readers
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmartphones, Tablets, Desktops, Laptops/Notebooks, Digital Cameras, Hard Disk Drives, Television, E-readers

Other key industry trends

  • In terms of revenue, the North America accounted for 20.6% of the global consumer electronics market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 143,077.6 million by 2030.

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Consumer Electronics Market Companies

Name Profile # Employees HQ Website
BlackBerry Ltd View profile 6200 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 https://www.blackberry.com
Asustek Computer Inc DR View profile 25459 No.15, Li-Te Road, Peitou, Taipei, Taiwan https://www.asus.com/tw
HP Inc View profile 58000 1501 Page Mill Road, Palo Alto, CA, United States, 94304 https://www.hp.com
Seagate Technology Holdings PLC View profile 33400 38/39 Fitzwilliam Square, Dublin, Ireland, D02 NX53 https://www.seagate.com
HTC Corp DR View profile 17575 No. 23, Xinghua Road, Taoyuan District, Taoyuan, Taiwan, 330 https://www.htc.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
ZTE Corp Class H View profile 72093 ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 https://www.zte.com.cn
Motorola Solutions Inc View profile 21000 500 West Monroe Street, Suite 4400, Chicago, IL, United States, 60661 https://www.motorolasolutions.com
LG Electronics Inc ADR View profile 35111 Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 https://www.lge.co.kr
Toshiba Corporation View profile 10001+ Tokyo, Tokyo, Japan, Asia http://www.toshiba.com/tai/
Nikon Corp View profile 19444 Konan 2-15-3 Shinagawa Intercity Building C, Minato-ku, Tokyo, Japan, 108-6290 http://www.nikon.co.jp
Lenovo Group Ltd View profile 71090 979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Hong Kong, Hong Kong https://www.lenovo.com
Samsung Electronics Co Ltd View profile 124804 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 https://www.samsung.com
Canon Inc View profile 169151 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 https://www.global.canon
Panasonic Holdings Corp View profile 230025 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 https://holdings.panasonic
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Sony Group Corp View profile 113000 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 https://www.sony.com
Dell Technologies Inc Ordinary Shares - Class C View profile 120000 One Dell Way, Round Rock, TX, United States, 78682 https://www.delltechnologies.com
Apple Inc View profile 161000 One Apple Park Way, Cupertino, CA, United States, 95014 https://www.apple.com

Global consumer electronics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to consumer electronics market will help companies and investors design strategic landscapes.


Smartphones was the largest segment with a revenue share of 55.43% in 2024. Horizon Databook has segmented the Global consumer electronics market based on smartphones, tablets, desktops, laptops/notebooks, digital cameras, hard disk drives, television, e-readers covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Consumer Electronics Product Outlook (Revenue, USD Million, 2018-2030)
    • Smartphones
    • Tablets
    • Desktops
    • Laptops/Notebooks
    • Digital Cameras
    • Hard Disk Drives
    • Television
    • E-readers
  • Global Consumer Electronics Sales Channel Outlook (Revenue, USD Million, 2018-2030)
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    • Online

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Horizon Databook provides a detailed overview of global-level data and insights on the Global consumer electronics market , including forecasts for subscribers. This global databook contains high-level insights into Global consumer electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global consumer electronics market size, by regions, 2018-2030 (US$M)

Top 10 countries: Consumer electronics market size, 2024 (US$M)

Global consumer electronics market share, by product, 2024 & 2030 (%, US$M)

Consumer electronics market: Opportunity assessment by country

Global consumer electronics market, by region, 2024 (US$M)

Global consumer electronics market size, by regions, 2018-2030 (US$M)

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