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Global Consumer Electronics market to be projected to reach US$1.6 trillion by 2018, growing at a CAGR of 14.8% during 2011-2018, according to Axis Research Mind

December 05, 2013 Bookmark and Share

Primarily supported by application sectors:- Analog & Digital TV, Tablet, Digital Cameras & Camcorder, Personal Computers and Video/Audio Equipment -- the Consumer Electronics market to witness a value of US$1.6 trillion by 2018. Geographical analysis shows the highest Compounded Annual Growth Rate (CAGR) of 17.6% is foreseen from Asia-Pacific region during the analysis period 2011-2018. The Middle East is not way behind with a CAGR of 17%, followed by Africa at 16.9%. Japan forecasts to drive with a growth rate of 13.9%. Among the sectors, Analog & Digital TV accounts for nearly 32.3% of the overall market share followed by Personal Computers at 25.5% holding the second position. Global market for Consumer Electronics especially in Tablet will record strong hold over the next 5 years driven by raising demand in fast-growth market in Asian and other emerging countries. Major companies are located in Japan, South Korea and Taiwan region and are dominating the Consumer Electronics Industry Growth.

For more information please follow link:
Consumer Electronics - Global Trends, Estimates and Forecasts, 2011-2018

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.

The report covers the market analysis by application. please follow the link in detail - Consumer Electronics - Global Trends, Estimates and Forecasts, 2011-2018

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