The revenue in the consumer electronics market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total one billion GBP (£) (+3.97 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 26.15 billion GBP (£) and therefore a new peak in 2029. Find more information concerning Italy and Mexico. The Statista Market Insights cover a broad range of additional markets.

Consumer Electronics Market Size Volume in the UK, 2023 Discover more data with ReportLinker!

"Smartphone" and "TV" are the top two answers among UK consumers in our survey on the subject of "Consumer electronics ownership".The survey was conducted online among 4,030 respondents in the UK, in 2024.

Forecast: Sold Production of Consumer Electronics in the UK 2023 - 2027 Discover more data with ReportLinker!

Forecast: Sold Production of Consumer Electronics in the UK 2022 - 2026 Discover more data with ReportLinker!

Forecast: Consumer Electronics Number of Enterprises in the UK 2024 - 2028 Discover more data with ReportLinker!

Expert industry market research on the Consumer Electronics Manufacturing in the UK (2013-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

Consumer Electronics Market Size Volume Per Capita in the UK, 2023 Discover more data with ReportLinker!

Forecast: Import of Consumer Electronics to the UK 2024 - 2028 Discover more data with ReportLinker!

Forecast: Production in Manufacture of Consumer Electronics Sector in the UK 2024 - 2028 Discover more data with ReportLinker!

Forecast: Total Researchers in Manufacture of Consumer Electronics in the UK 2024 - 2028 Discover more data with ReportLinker!

Forecast: Consumer Electronics Market Size Volume in the UK 2024 - 2028 Discover more data with ReportLinker!

The price per unit in the consumer electronics market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 4.7 U.S. dollars (+2.55 percent). After the fifth consecutive increasing year, the indicator is estimated to reach 189.22 U.S. dollars and therefore a new peak in 2029. Find more key insights for the price per unit in countries and regions like the revenue in the consumer electronics market in Vietnam and the revenue in the 'Keyboards' segment of the consumer electronics market in the world. The Statista Market Insights cover a broad range of additional markets.

Forecast: Gross Investment in Manufacture of Consumer Electronics Sector in the UK 2024 - 2028 Discover more data with ReportLinker!

Forecast: Consumer Electronics Wages and Salaries in the UK 2024 - 2028 Discover more data with ReportLinker!

This report is the result of Conlumino’s extensive market research covering the United Kingdom Consumer Electronics. It provides detailed historic and forecast sales value of the market at category level. "Consumer Electronics in the United Kingdom: Market Snapshot to 2019" provides a top-level overview and detailed insight into the operating environment of the United Kingdom retail industry. It is an essential tool for companies active across the United Kingdom retail value chain and for new players considering entering the market. Read More

In 2024, approximately 27 percent of the respondents had a DVD player in their home, down nearly five percent from the previous year. Smart TVs and laptops were the devices with the highest penetration into the region's homes, with about 76 and 72 percent of the households, respectively. The revenues of the consumer electronics market had a significant impact on the economy as a whole, but also in terms of employment in the sector — as represented in the employment in the game industry.

Forecast: Business Enterprise R&D Expenditure in Manufacture of Consumer Electronics in the UK 2024 - 2028 Discover more data with ReportLinker!

Forecast: Production Value of Consumer Electronics Repair in the UK 2024 - 2028 Discover more data with ReportLinker!

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Consumer Electronics Market Size 2025-2029

The consumer electronics market size is forecast to increase by USD 134.4 billion, at a CAGR of 5.4% between 2024 and 2029.

The market is witnessing significant growth due to several key factors. Frequent product launches in the industry are driving market expansion, as companies continue to innovate and introduce new technologies. Another major growth factor is the rapidly expanding e-commerce sector, which allows for greater accessibility and convenience for consumers. Additionally, the long product lifecycle of major appliances, such as televisions and heart valve dysfunction monitoring devices that utilize biomarker testing, ensures a steady demand for replacement and upgrades. This market trends and analysis report provides a comprehensive evaluation of these and other influencing factors shaping the consumer electronics industry.

What will be the Size of the Consumer Electronics Market During the Forecast Period?

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The market encompasses a diverse range of products, including smartphones, laptops, tablets, and wearable devices, among others. This dynamic market is driven by evolving consumer preferences and technological advancements. Households worldwide continue to prioritize the adoption of these devices, influenced by changing lifestyles and increasing disposable incomes. The market's size is substantial, with millions of units sold annually. Manufacturing plants face challenges such as component shortages, counterfeiting, and shipping delays, which can impact production and distribution. Customer behavior, environmental concerns, and regulatory compliance are also critical factors shaping the market.
In the healthcare sector, consumer electronics are increasingly being used to monitor health conditions, with applications in alveolar fluid metabolism, cardiac issues, and respiratory disorders like cardiogenic pulmonary edema and heart failure. The integration of biomarkers, clinical examination, imaging testing, blood tests, and ventilator-assisted respiration into healthcare systems is transforming the diagnosis and treatment of various conditions. Despite these advancements, the market's growth may be influenced by factors like credit availability, import bills, acquisition policies, FDI inflows, and capex subsidies.

How is this Consumer Electronics Industry segmented and which is the largest segment?

The 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.

Application

  Personal
  Professional


Distribution Channel

  Offline
  Online


End-user

  Residential
  Commercial


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France
    Italy


  North America

    Canada
    US


  South America



  Middle East and Africa

By Application Insights

The personal segment is estimated to witness significant growth during the forecast period. The market has experienced substantial growth due to the increasing adoption of advanced electronic devices in households. Manufacturers are focusing on integrating digital technologies and prioritizing consumer experience. Miniaturization is a significant trend, with the rising disposable income and improving standard of living driving demand. Home improvement products are also gaining popularity. Market expansion is further fueled by the geriatric population's increasing need for healthcare systems and solutions related to cardiac issues, such as oxygen therapy, medicines, biomarkers, clinical examination, imaging testing, blood tests, and ventilator-assisted respiration.
Cardiogenic pulmonary edema, heart failure, left ventricle issues, coronary artery disease, cardiomyopathy, heart valve problems, hypertension, and other cardiac conditions are key therapeutic areas. The market is influenced by factors like component shortages, counterfeiting, shipping delays, changing customer behavior, environmental concerns, and economic factors like credit, disposable incomes, import bills, acquisition policies, FDI inflows, CAPEX subsidies, production, distribution, organized retail, e-retailers, and government support. Key therapeutic areas include immunology, oncology, cardiology, endocrinology, and neurology. The market is expected to continue growing due to borrowing costs, export incentives, and customs duties.

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The personal segment was valued at USD 315.20 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 54% to the growth of the global market during the forecast period. Technavio's an