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Transparency Market
Research
Consumer Electronics Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2014 – 2022
Published Date
2015-05-26
106 Page Report
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Press Release
Consumer Electronics Market Expected to Reach US$ 1,550.34
Bn in 2022, Globally
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Consumer Electronics Market
REPORT DESCRIPTION
Consumer Electronics Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 – 2022
According to a new market report published by Transparency Market Research “Consumer
Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2022”, the market was valued at US$ 1,074.56 Bn in 2013 and is expected to reach US$
1,550.34 Bn by 2022, growing at a CAGR of 4.0% from 2014 to 2022. Asia Pacific was the largest
revenue contributor in 2013, accounting for 31.50% of the global consumer electronics market
revenue.
Browse the full Consumer Electronics Market report at
http://www.transparencymarketresearch.com/consumer-electronics-market.html
Increasing disposable income, decreasing prices of consumer electronic devices in the price
sensitive regions and introduction of technological advanced devices are the primary factors
driving growth of the consumer electronics market globally. The consumer electronics market
lately has witnessed increase in demand for wireless speakers and wireless headsets, mainly
fueled by growing popularity of on-demand infotainment services and increasing consumer
preference for mobility. Asia Pacific is analyzed to be the fastest growing market for consumer
electronics during the forecast period. The growth in this region is mainly driven by India, South
Korea and China. Low-cost domestic products are further cementing the demand of consumer
electronics products in...