The retail revenue of the consumer electronics (CE) market in the United States constantly increased during the period from 2012 to 2021. Based on the projected retail sales for 2025, consumer electronics retail sales in the United States will reach *** billion U.S. dollars. OLED TVs were forecast to generate *** billion U.S. dollars in revenue in 2023. Portable gaming consoles were expected to generate *** billion U.S. dollars. Retailers The United States offers a wide range of electronics retailers, both stores and online retailers. Examples are BestBuy, which generated revenues of around **** billion U.S. dollars in 2024, Walmart, Target, and the e-commerce platform Amazon. Other popular retailers in the country include Apple, Lenovo, and Dell. Fluctuation in the U.S. consumer electronics industry The consumer electronics industry in the United States has been increasing annually since the coronavirus pandemic hit the globe in 2020. After that, the industry grew by **** percent in 2021, before fluctuating in the following years.
Between 2024 and 2025, the consumer electronics industry in the United States is expected to increase by more than three percent. Consumer electronics industry The consumer electronics industry is a massive overarching term that encompasses everything from entertainment devices like video game consoles and televisions, to musical instruments like electric guitars and keyboards. Estimates suggest that in 2018, consumer expenditures on consumer electronic devices reach over a trillion dollars, with smartphone sales accounting for nearly 500 billion dollars on their own. China and the United States are the world’s largest consumers of these products, with a combined consumer electronics revenue of over 350 billion dollars. Top manufacturers Given its massive size, the industry plays host to countless companies specializing in a range of different devices, each hoping to corner a piece of the trillion-dollar market. Many of the industry’s biggest manufacturers are firms like Sony and Panasonic that produce multiple different entertainment and communications devices that are then sold in stores around the world.
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The chart provides an insightful analysis of the estimated sales amounts for Consumer Electronics stores across various platforms. Custom Cart stands out, generating a significant portion of sales with an estimated amount of $1.23T, which is 94.93% of the total sales in this category. Following closely, Shopify accounts for $28.86B in sales, making up 2.23% of the total. Salesforce Commerce Cloud also shows notable performance, contributing $14.42B to the total sales, representing 1.11%. This data highlights the sales dynamics and the varying impact of each platform on the Consumer Electronics market.
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This dataset provides insights into consumer electronics sales, featuring product categories, brands, prices, customer demographics, purchase behavior, and satisfaction metrics. It aims to analyze factors influencing purchase intent and customer satisfaction in the consumer electronics market.
This dataset facilitates analysis on consumer behavior and purchase patterns in the consumer electronics sector, aiding insights into market dynamics and customer preferences.
This dataset, shared by Rabie El Kharoua, is original and has never been shared before. It is made available under the CC BY 4.0 license, allowing anyone to use the dataset in any form as long as proper citation is given to the author. A DOI is provided for proper referencing. Please note that duplication of this work within Kaggle is not permitted.
This dataset is synthetic and was generated for educational purposes, making it ideal for data science and machine learning projects. It is an original dataset, owned by Mr. Rabie El Kharoua, and has not been previously shared. You are free to use it under the license outlined on the data card. The dataset is offered without any guarantees. Details about the data provider will be shared soon.
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This chart offers a detailed view of the estimated sales amounts for Consumer Electronics stores across different regions. In Netherlands, the sales figures are particularly impressive, with the region generating $656.77B, which accounts for 50.69% of the total sales in this category. China follows with robust sales, totaling $181.16B and representing 13.98% of the overall sales. Austria also contributes significantly to the market with sales amounting to $149.16B, making up 11.51% of the total. These numbers not only illustrate the economic vitality of each region in the Consumer Electronics market but also highlight regional consumer preferences and spending power.
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This chart provides a detailed overview of the number of Consumer Electronics online retailers by Monthly Sales. Most Consumer Electronics stores' Monthly Sales are Less than $100.00, there are 47.08K stores, which is 94.83% of total. In second place, 1.64K stores' Monthly Sales are $10.00M to $100.00M, which is 3.30% of total. Meanwhile, 478 stores' Monthly Sales are $100.00K to $1.00M, which is 0.96% of total. This breakdown reveals insights into Consumer Electronics stores distribution, providing a comprehensive picture of the performance and efficient of online retailer.
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According to Cognitive Market Research, The Global Consumer Electronics market size is USD 742.6 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.20% from 2023 to 2030.
The demand for smartphones is rising because smartphones enable a wide range of services, including texting, web surfing, multimedia playback, mobile payments, and real-time access to data.
Demand for laptops & notebooks consumer electronics remains higher due to their small stature and low weight, and users may take their computing resources with them wherever they go.
The increasing demand for online distribution channels in consumer electronics. Because of the widespread availability and convenience of online distribution channels, consumers worldwide may buy them from anywhere they choose.
Asia-Pacific will continue to lead, whereas the North American smartphone market will experience the most vigorous growth until 2030.
Modern Technological Developments to Bosst Market Growth
The global market for consumer electronics is expanding because the growth of the IoT, AI, and 5G connectivity, among other breakthroughs and technological advancements, have been major forces propelling the consumer electronics industry. Products with cutting-edge specs and nifty new additions sell well. Therefore, consumer electronics sales are anticipated to increase during the anticipated period.
For instance, the market leader in consumer electronics in India, Samsung, released its newest portable solid-state drive (SSD), the T9. It has storage capacities of up to 4 terabytes, offering the reliability and convenience its users want while providing lightning-fast data transfers and enough space for their data.
In addition, the number of Internet-enabled gadgets has been rising incredibly for years, and this trend is only expected to accelerate. Increases in disposable income across the globe have stimulated greater demand for consumer electronics. High-end smartphones, tablets, laptops, and other consumer electronic devices are becoming increasingly popular as people have more disposable income.
Increase in Use of Smart Gadgets Demand For Consumer Electronics Facilities are Expected To Propel Market Growth
The market for consumer electronics is expanding because a major factor propelling the consumer electronics market is the rising desire for "smart" devices like smart TVs, smart home appliances, and wearable electronics. Consumers' expectations for linked and intelligent devices have risen due to the smart technology revolution. As a result, sales of consumer electronics are expected to rise during the forecast time frame.
Electrolux Group's subscription service for refurbished products is now available to consumers in Sweden, giving them an option that helps them reduce their carbon footprint while furnishing their homes.
Additionally, the growth of online shopping has had a major impact on the consumer electronics industry by increasing consumers' access to products from various brands and producers. Online consumer electronics purchases have increased due to the convenience of online purchasing and tempting discounts and offers.
Increasing Global Population Drives the Market Growth
Market Dynamics Of the Consumer Electronics
Stringent Rules And Restrictions In The Consumer Electronics Market to Hinder Market Growth
The highly regulated electronics market may hamper growth in the consumer electronics sector. It includes norms for production, security, efficiency, and ecology. The commodities are produced and distributed by national and regional laws, rules, and certification requirements. The electronic products must also abide by the rules and regulations of the country or region where they will be sold. As concern for the environment grows in more regions of the world, governments are putting more of a regulatory emphasis on developing products that use less energy in their operation. Another challenge that companies in this sector confront is figuring out how to have their electrical products certified as energy efficient. Suppliers often need help to comply with such a stringent regulatory framework. This factor hampered the consumer electronics global market during the forecast period.
Impact of COVID–19 on the Consumer Electronics Market
During the COVID-19 pandemic the COVID-19 epidemic ha...
Concerning the six selected segments, the segment Telephony has the largest revenue with 498.32 billion U.S. dollars. Contrastingly, Drones is ranked last, with 3.99 billion U.S. dollars. Their difference, compared to Telephony, lies at 494.33 billion U.S. dollars. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Mexico regarding revenue in the segment Telephony and a ranking by country regarding average price per unit (PPU) in the tablets segment of the consumer electronics market. The Statista Market Insights cover a broad range of additional markets.
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Global consumer electronics market was valued at USD 1256.42 Billion in 2024 and is predicted to reach USD 1895.89 Billion by 2034, with a CAGR of 4.2% between 2025 and 2034.
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The report covers Latin America Consumer Electronics Market Trends and Overview. The market is segmented by Product Type (Electronic Devices (Tablets, Desktop PCs, Wearable Devices, Smartphones, Laptops/Notebooks, Television), and Household Appliances (Refrigerators, Air Conditioners, Washing Machines)), Sales Channel (Online, Offline) and Country.
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The retail landscape has undergone a substantial digital transformation over the past few years due to the COVID-19 pandemic, which is why the Online Consumer Electronics Sales industry has flourished. Increasing acceptance of online shopping has sustained robust industry growth. Online retailers’ ability to provide products at lower pricepoints than traditional consumer electronics retailers has enabled the industry to better withstand poor economic conditions. Online computer electronic product purchases are considered a cost-effective alternative to purchasing from traditional bricks-and-mortar stores. Yet, weakening consumer sentiment and the cost-of-living crisis have partly restricted consumer demand and expenditure on industry products recently. Falling real household discretionary income has encouraged more bargain seekers and propelled sales of versatile electronics like mobile phones instead of big-ticket items like home entertainment products, boosting industry revenue. Industry revenue is set to climb at an annualised 5.9% over the few years through the end of 2024-25, to $4.5 billion. This trend includes anticipated growth of 1.7% through the end of 2024-25; a more modest result than previous years as consumers become more price-conscious. Retailers have benefited from significant technological change, driving revenue growth. Continued innovation among electronic devices has supported demand. Alongside intense price-based competition, online retailers’ lower operating costs compared to traditional bricks-and-mortar retailers have ensured cost savings for consumers but have diminished operators’ profit as a share of revenue. A rise in industry revenue has prompted traditional retailers like JB Hi-Fi to invest heavily in their online sales channels, boosting their market share. Online-focused retailers like Amazon have invested more in distribution efficiency, resulting in a rapid growth in market share. Overall, revenue is set to rise by an annualised 5.6% over the coming years through the end of 2029-30, to $5.9 billion. Industry participation is set to dip due to more intense price wars, with unprofitable, small-scale retailers exiting the industry. Improved data connectivity and continuous product innovation are poised to facilitate demand for consumer electronics that capitalise on increased data speeds as consumers update their existing hardware. Higher sales volumes of modern technology will likely boost industry profitability.
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Our data sheds light on the distribution of Consumer Electronics stores across different online platforms. WooCommerce leads with a substantial number of stores, holding 48.02K stores, which accounts for 34.98% of the total in this category. Shopify follows with 45.85K stores, making up 33.40% of the Consumer Electronics market. Meanwhile, Custom Cart offers a significant presence as well, with 17.07K stores, or 12.43% of the total. This chart gives a clear picture of how stores within the Consumer Electronics sector are spread across these key platforms.
The global revenue in the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 146.3 billion U.S. dollars (+15.4 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 1.1 trillion U.S. dollars and therefore a new peak in 2029. Find more information concerning the Philippines and Indonesia. The Statista Market Insights cover a broad range of additional markets.
Concerning the six selected segments, the segment Computing has the largest volume with 3.5 billion pieces. Contrastingly, Drones is ranked last, with 7.56 million pieces. Their difference, compared to Computing, lies at 3.5 billion pieces. Find other insights concerning similar markets and segments, such as a ranking of subsegments in Mexico regarding revenue in the segment Computing and a ranking by country regarding revenue in the telephony segment of the consumer electronics market. The Statista Market Insights cover a broad range of additional markets.
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Personal Consumer Electronics Market Size 2025-2029
The personal consumer electronics market size is forecast to increase by USD 104.1 billion at a CAGR of 5.2% between 2024 and 2029.
The market is characterized by dynamic market conditions, driven by the frequent introduction of innovative products and the rapidly expanding e-commerce sector. Cloud computing reduces the need for local storage and enables real-time data access. The continuous launch of new personal consumer electronics caters to evolving consumer preferences and technological advancements, fueling market growth. Simultaneously, the e-commerce industry's rapid expansion offers manufacturers increased reach and accessibility to consumers, broadening market opportunities.
Companies in the market must navigate these dynamics effectively to capitalize on growth opportunities and mitigate the challenges presented. However, the market faces challenges as well, including the fluctuation in prices of raw materials and operational costs, which can impact profitability and necessitate strategic pricing and cost management. Natural language processing and mobile application development are essential for voice recognition and seamless user experiences.
What will be the Size of the Personal Consumer Electronics Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market is witnessing significant advancements in various technologies, including battery technology, computer vision, machine learning, software development, and more. Battery technology innovations are driving longer-lasting devices, while computer vision and machine learning enable advanced features like facial recognition and object detection. In software development, there's a focus on gesture control for hands-free interaction, fast charging for on-the-go convenience, and biometric security for enhanced protection. Embedded systems and data analytics are key trends in industrial design, allowing for more intelligent devices that adapt to user behavior.
Environmental impact is a growing concern, with electronic waste management and renewable energy solutions becoming increasingly important. Human-computer interaction (HCI) and product design prioritize user experience and ethical considerations. Deep learning and app development continue to advance, offering new possibilities for personalization and automation. Repair and maintenance, wireless charging, and material science innovations further enhance the market's appeal, ensuring consumers have access to high-quality, sustainable, and user-friendly electronics.
How is this Personal Consumer Electronics Industry segmented?
The personal consumer electronics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product Type
Smartphones
Tablets/laptops/notebooks
Portable devices
Digital camera
Others
Distribution Channel
Offline
Online
Application
Personal use
Entertainment
Communication
Fitness and health monitoring
Others
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Product Type Insights
The smartphones segment is estimated to witness significant growth during the forecast period. In the dynamic market, the smartphones segment continues to dominate, offering advanced communication, internet connectivity, and multimedia capabilities. These devices enable users to make calls, send messages, and access social media and the internet through Wi-Fi and mobile data networks. High-resolution screens, built-in cameras, and the ability to play various media formats have made smartphones an essential tool for entertainment. Design trends prioritize sleek, portable form factors, with features like water resistance and extended battery life catering to consumer preferences. Technological innovation drives the integration of digital assistants, mobile payments, and smart home device connectivity. Operating systems and processors ensure seamless user experience (UX), while high-dynamic range (HDR) and 4K displays elevate home entertainment systems.
Retail sales thrive on the availability of various price points and distribution channels, catering to diverse consumer needs. Wearable devices, fitness trackers, and digital cameras expand the market, with supply chain management and product lifecycle management ensuring efficient manufacturing processes. Energy efficiency and wireless technologies enable the growth of smart appliances, streaming devices, and portable medi
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Market Size statistics on the Consumer Electronics Stores industry in United States
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The Consumer Electronics Retailers Market report segments the industry into By Retail Channel (Standalone Stores, Shopping Malls, Brand-owned Websites, Third-party E-commerce Platforms, Omni-Channel Retailers, Other Retails Channels), By Application (Residential, Commercial), By Distribution Channel (Offline, Online), and By Geography (North America, South America, Europe, Asia Pacific, Middle East & Africa).
In 2023, consumer electronics sales (excl. IT and telecommunications devices, e.g. smartphones and tablets) generated a revenue of roughly 8.3 billion euros in Germany. This was a slight decrease from the year before, but figures have remained fairly stable over the past five years.
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This report contains the descriptions of the various types of electronics products and technologies that have been commercialized to date. It also covers the current market status of electronics products, trends and forecasts for growth over the next five years through 2012.
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Explore the statistics for Consumer Electronics eCommerce in 2025, including store count by region and platform, estimated sales amount by platform and region, products sold by platform and region, and total app spend by platform and region. Gain insights into regional preferences, market penetration, consumer trends, and technological investments within the Consumer Electronics sector. Discover the leading regions and platforms, as well as the dynamics of sales and product volumes. Stay informed about the evolving landscape of Consumer Electronics online stores for a comprehensive understanding of the market.
The retail revenue of the consumer electronics (CE) market in the United States constantly increased during the period from 2012 to 2021. Based on the projected retail sales for 2025, consumer electronics retail sales in the United States will reach *** billion U.S. dollars. OLED TVs were forecast to generate *** billion U.S. dollars in revenue in 2023. Portable gaming consoles were expected to generate *** billion U.S. dollars. Retailers The United States offers a wide range of electronics retailers, both stores and online retailers. Examples are BestBuy, which generated revenues of around **** billion U.S. dollars in 2024, Walmart, Target, and the e-commerce platform Amazon. Other popular retailers in the country include Apple, Lenovo, and Dell. Fluctuation in the U.S. consumer electronics industry The consumer electronics industry in the United States has been increasing annually since the coronavirus pandemic hit the globe in 2020. After that, the industry grew by **** percent in 2021, before fluctuating in the following years.