Press release
Consumer Electronics Market Generate Major Revenue From E-Comerce Website,Expected To Reach US$1,550.34 bn by 2022
Consumer electronics include numerous devices that are used for office work, entertainment, and communications. Personal computers, notebooks, digital cameras, smartphones, tablets, laptops, radios, MP3 players, calculators, audio players, personal care devices, and camcorders are some of the commonly used consumer electronics. Factors such as increasing disposable income, reduced prices of consumer electronic devices, and improved standard of living are responsible for the growth of the global consumer electronics devices in the recent past. Technical advancements and availability of a wide variety of products are expected to propel the global consumer electronics devices market in the years to come.Rising Demand for Low-cost Consumer Electronics Drives Growth
The reducing prices of electronic items, particularly smartphones, are another major factor driving the global consumer electronics market. As companies from developing companies have been able to exploit the availability of cheap labor to their advantage, established Western giants have faced increasing competition in developing regions in the last few years. The rapid rise of Chinese smartphone giants, Xiaomi and Huawei, is the perfect example of this phenomenon.
The consistent technological innovation in consumer electronics has also played out well for the global market for the same. The abundance of manufacturers of consumer electronics has resulted in several companies focusing on previously unexplored niches and developing products to suit the changing lifestyles of their key consumers.
PDF Sample For Latest Innovation And Technological Breakthroughs @ http://bit.ly/2dEynHQ
However, the commercial segment is also predicted to witness remarkable growth due to factors such as the growing demand for display screens and big-sized TV sets in the commercial sectors, and display of advertisements on smart devices. The commercial segment is highly competitive, as some of the new entrants are expected to give tough competition to the leading players. Availability of all electronic smart devices in online stores is another factor responsible for the rapid development of the global consumer electronics market.
Increasing Demand for Smartphones to Ensure Dominance of Handheld Devices
By product type, the global consumer electronics market is segmented into handheld devices, television sets, personal computers, audio/video devices, cameras and camcorders, gaming consoles, and personal care products. Of these, handheld devices, which include smartphones and tablets, are expected to remain the largest segment of the consumer electronics market in the 2014-2020 forecast period.
The increasing demand for low-cost handheld devices in developing regions is a prominent feature of the global consumer electronics market and is likely to remain unchanged over the aforementioned forecast period. Asia Pacific was the largest market for consumer electronics in 2013. Furthermore, the increasing demand for and production of consumer electronics in Southeast Asian countries are likely to ensure rapid growth of the Asia Pacific consumer electronics market in the 2014-2020 forecast period.
According to Transparency Market Research, the global consumer electronics market was valued at US$1,074.56 bn in 2013. Exhibiting a steady 4% CAGR from 2014 to 2022, the market is expected to rise to US$1,550.34 bn. This information comes from a market study titled ‘Consumer Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2022.’
Read Full Report @ http://www.transparencymarketresearch.com/consumer-electronics-market.html
Some of the prominent players operating in the global consumer electronics market are Samsung Electronics Co. Ltd., LG Corporation, Canon, Inc., Koninklijke Philips N.V., Dell, Inc., Hewlett-Packard Company, Sony Corporation, Apple, Inc., Nikon Corporation, and Panasonic Corporation. Demand for innovative connected television sets is expected to be the major driver of the global consumer electronics market in the years to come. Decreasing prices of tablets and smartphones are also predicted to propel the global consumer electronics market further. Based on end-use application, the global consumer electronics market is classified into commercial and residential segments. The residential segment dominated the global consumer electronics market in 2014. Increasing demand for smart devices is expected to propel the residential segment during the forecast period.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Consumer Electronics Market Generate Major Revenue From E-Comerce Website,Expected To Reach US$1,550.34 bn by 2022 here
News-ID: 369394 • Views: …
More Releases from TMR- Research Reports

Histone Methyltransferases Market by Global Industry Research 2019
Histones are the major protein constituents of eukaryotic nucleus. Histone methyltransferases catalyzes the transfer of methyl group to lysine and arginine residues of the histone protein. It catalyzes the reaction with the help of SN-2 mechanism where transfer of methyl group from S Adenosyl Methionine to amino group of target lysine takes place. There are seven histone methyltransferase includes EZ, SET1, SET2, SMYD, SUV39, SUV4-20 and RIZ. The main function…

Healthcare Mobility Solutions Market Advancements in Wireless Networks to Drive …
Focus on Reducing Healthcare Costs Drives Global Market
The constantly growing and evolving medical needs have been the driving force behind the evolution of healthcare mobility solutions. The aim of these solutions is to reduce the healthcare costs and to provide the patients an optimum solution in the least possible time. The simplicity of this objectivity has been successfully achieved by the development of healthcare mobility solutions’ products and services such…

Global District Heating and Cooling Market: Big Players Foraying into Manufactur …
To gauge the competitive dynamics in the global district heating and cooling (DHC) market, the DHC system manufacturers, project contractors, and plant operators in the supply chain will have to be factored in, states a report by Transparency Market Research (TMR). In the coming years, big plant operators and private operators are predicted to start manufacturing DHC systems, which in turn, would likely heat up the competition. Competition would also…

Condiment Sauces Market is Expected to Exhibit a positive CAGR of 3.2% from 2014 …
Condiment sauces are used in food to enhance taste, flavor or as a complimentary item in different dishes. It is used either as table dips or in cooking or as both. The condiments sauces market has experienced a diversified trends across different regions such as North America, Europe, Asia Pacific and RoW. The Global condiment sauces market is expected to witness rapid changes due to fast changing eating patterns across…
More Releases for Consumer
Consumer To Consumer E-Commerce Market - Major Technology Giants in Buzz Again
Archive Market Research Released the latest study on Global Consumer To Consumer E-Commerce Market Growth Outlook 2024-2032 provides an opportunity to better understand details about fundamental restructuring and growth prognosis in Online Apparel Market. This study offers current relevant facts and correlations and elaborates long-term, sustainable strategic and operative suggestions taken up by leading and emerging manufacturers. The sector faces an unprecedented change with regard to the far-reaching effects that…
Analysis of Taiwanese Consumer Buying Behavior towards Fast-moving Consumer Good …
A report added to the rich database of Qurate Business Intelligence, titled “Fast-moving Consumer Goods Market – Global Industry Analysis and Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data…
Taiwanese Consumer Buying Behavior towards Fast moving Consumer Goods and Smart …
According to the survey conducted by MIC, the number of Taiwanese consumers preferring both physical & online shopping and online shopping-only is increasing; the number of consumers preferring to shop only at physical stores, however, is declining, indicating that online retail platforms have become an important channel for consumers when they want to make purchases. This report provides an analysis of Taiwanese consumers & buying behavior towards fast-moving consumer…
Consumer Health Market 2019 by Clinical Review and Key Player Analysis-Consumer …
Global Consumer Health Market 2018 Industry study report is an in-depth and deep research on the present condition of the Consumer Health industry in the global market. Furthermore, this report presents a detailed overview, cost structure, size, revenue, growth, share, dynamics, competitive analysis, manufacturers and global business strategy & statistics analysis. This report is segmented on basis of product type, end-user, application and geographical regions.
Get Sample Copy of this Report…
Dog Shoes Market Report 2018: Segmentation by Product (Nylon, Rubber, Leather, P …
Global Dog Shoes market research report provides company profile for Ultra Paws, Pet Life, WALKABOUT, Neo-Paws, DOGO, FouFou Dog, Ruffwear, Pawz, Muttluks, RC Pets and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The…
Digital Commerce Platform Market Analysis by Business Model ( Business to consum …
ALBANY, NY, March 6, 2017 : ResearchMoz presents professional and in-depth study of "Digital Commerce Platform Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024".
This report intends to provide a comprehensive strategic analysis of the global digital commerce platform market along with revenue and growth forecasts for the period from 2014 to 2024. With advancements in digital commerce platforms and rising demand for Internet based…