The World Market for Consumer Electronics

July 2025

Retail value sales of consumer electronics are predicted to grow at a 3.3% CAGR over 2025-2030, despite the uncertainty caused by tariffs looming large. Growth is being driven by the rise of affordable premium products, the growing influence of new Chinese brands and increasing demand for personalisation and sustainability.

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Key Findings

Sales continue to recover

Global retail value sales of consumer electronics are projected to exceed USD888 billion in 2025, with volume reaching 2.95 billion units as sales continue their recovery from a post-pandemic dip.

Forecast sales poised to be resilient

Sales of consumer electronics are expected to grow at a 3.3% CAGR (2025-2030) in value terms, outpacing volume growth at 2.7% CAGR despite the uncertainty caused by tariffs looming large.

Duopoly of Apple and Samsung reigns supreme

Apple and Samsung retain leadership through innovation and brand loyalty especially among affluent consumers in developed markets. New challengers such as Transsion and Anker are gaining share in price-sensitive markets while new entrants are entering the wearables market.

Mobile-first markets lead the charge

Asia Pacific will remain the largest and fastest-growing region, led by mobile-first consumers in China and India. Demand will be shaped by affordability, personalisation and sustainability and the onslaught of brands that develop products for the local markets.

E-commerce allows new brands to access more consumers

E-commerce is now the dominant growth channel, enabling new brands to scale quickly through direct-to-consumer models, livestreaming and influencer-led marketing. Brands can be exposed to much wider consumer demographics across all markets.

Our expert’s view of Consumer Electronics in 2025
Consumer Electronics snapshot
Key findings
Sales of consumer electronics poised for growth despite the economic uncertainty
Top five trends in Consumer Electronics
Top five trends uncovered
Drivers of consumer markets and impact on consumer electronics
Adjacent industries and how they impact consumer electronics
Strong forecast growth projected despite economic uncertainty
Mobile-first dominates with some markets telling a different story
Mobile devices lead in APAC while affluent markets invest in experience
Digital natives are creating opportunities for brands to innovate and gain sales
Apple and Samsung's dominance continues despite pressure from Chinese brands
New upstarts are challenging the status quo
Local Indian brands are keeping Chinese brands at bay in their home market
Smaller brands are gaining in markets where consumers are more price sensitive
Convenience is the key enabler for the rise of e-commerce
E-commerce is a boon for new brands entering the market
Offline retail plays an important role in the omnichannel journey
US is poised to remain the largest market in per capita spend
Government policies are helping to boost sales in China and India
China and India: Driving sales through affordability, sustainability and personalisation
Driving growth through replacement, innovation and market expansion
Resilient forecast growth despite competitive pressure
Opportunities for growth
Our expert’s view of Consumer Electronics in 2025

Consumer Electronics

Consumer Electronics refers to the sales of Computers and Peripherals, In-Home Consumer Electronics, In-Car Entertainment and Portable Consumer Electronics to the end consumer.

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