Consumer Electronics Market

Consumer Electronics Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020

The global consumer electronics market is projected to grow at a CAGR of over 15% to nearly US$ 3 trillion in revenues by 2020. Unsurprisingly, Asia Pacific will continue to be the hotbed of future demand, as many consumers in these countries move to buy their first smartphone or HD TV. Unlike in developed markets of the West, where new consumer electronics sales are fuelled on the back of innovation, success in Asia Pacific will be based on a large part on offering the maximum features at the lowest cost. An estimate of the opportunities in the Asia Pacific consumer electronics market can be made from the fact that in India, the second largest smartphone market in the world, the smartphone penetration is below 30%.

In a bid to offer an accurate overview on the global consumer electronics market, the report has segmented the consumer electronics market into,

  • Consumer electronics devices

  • Smart home devices

  • Wearable electronic devices

Smart home devices and wearable electronics sector is at a nascent stage currently. Of the US$ 1.22 trillion worth of consumer electronics sold globally in 2014, smart home devices and wearable electronic devices accounted for nearly US$ 23 billion. However, manufacturers who choose to ignore these two fledgling markets may miss out on a plethora of opportunities, as future growth projections remain overly positive. Smart home devices revenues are projected to increase at 23% CAGR through 2020.

Consumer Electronics Market Forecast by Device Type (US$ Bn)

Device

2015

2020

CAGR

Consumer electronics devices

XX

XX

XX

Wearable electronics devices

14.2

XX

XX

Smart home devices

XX

XX

23.00%

consumer electronics market
Consumer Electronics Devices: Sub-Segment Analysis & Forecast

The key sub-segments on which market forecast and analysis is offered in the report include,

  • Smartphones

  • Personal computers

  • Other TVs

  • Smart TVs

  • Tablets

  • Digital Camcorders & Cameras

  • Feature Phones

  • Game Consoles

  • Others

  • Set-top Boxes

  • DVRs

  • Printers

  • Digital Media Adapters

Among these, the top 3 in terms of market revenues are smartphones, personal computers, and other TVs. The global smartphone market was valued at US$ 544 Bn in 2015. It is projected to increase at a CAGR of nearly 22% to surpass US$ 1.45 Bn in revenues by 2020. While smartphones will also remain the fastest growing segment during the forecast period, tablets and smart TVs will be the second- and third-fastest growing segment.

Consumer Electronics Market: Device Segment Analysis (US$ Bn)

Device

2015

2020

CAGR

Smartphone

544.2

XX

21.70%

Feature phone

XX

XX

XX

Tablets

XX

XX

21.60%

Other TVs

XX

XX

XX

Smart TV

XX

XX

XX

Set-top Box

XX

XX

XX

Personal Computer

XX

XX

3.30%

Digital Camcorder & Camera

XX

XX

XX

Digital Media Adapter

XX

XX

XX

DVRs

XX

XX

XX

Game Console

XX

XX

XX

Printer

XX

XX

XX

Other devices

XX

XX

XX

FMI study offers a 5-year forecast for the global consumer electronics market between 2015 and 2020. The market is expected to register a strong growth of 15.4% in its CAGR during the projected period. The study demonstrates the market dynamics and trends across globe which influence the current nature and future status of consumer electronic devices over the forecast period.

Report Description

This Future Market Insights report examines the Global Consumer Electronics market for the period 2015–2020. The primary objective of the report is to offer updates on the advancements in consumer electronic devices and other smart devices that have given rise consumer electronics adoption across globe.

Global Consumer Electronics market is classified into consumer electronic device, wearable device and smart home device. Consumer electronic devices are the devices which contain electronic circuit boards used by individuals in day-to-day life. It comprises a wide range of products, including Smart-phone, digital cameras, televisions, DVDs, tablets, camcorders, printers, and many more. Wearable devices are user-friendly and autonomous in nature. They can be connected to the Internet wirelessly via a third party tool. Smart home device include intelligent security system, HVAC system and smart kitchen appliances that can be controlled via iOS or Android device and turn a home into smart and connected home.

In the next section, FMI covers the Global Consumer Electronics market performance in terms of Global Consumer Electronics market revenue split, since this is detrimental to growth of the Global Consumer Electronics market. This section additionally includes FMI’s analyses of the key trends, drivers and restraints from the supply and demand side, which are influencing the Global Consumer Electronics market. Impact analysis and latest technological trends opportunity assessment is included in the Global Consumer Electronics market report to better equip and arm clients with crystal clear decision-making insights.

The primary focus of the following sections to analyse the Global Consumer Electronics market by adoption among individual users; the primary device type covered under the scope of the report are consumer electronics device, wearable device and smart home device

The next section of the report highlights Global Consumer Electronics device adoption by reguib. It provides a market outlook for 2015–2020 and sets the forecast within the context of the Consumer Electronics ecosystem, including consumer electronics device, wearable device and smart home device to build a complete picture at regional. This study discusses the key regional trends contributing to growth of the Global Consumer Electronics market on a regional basis. Key regions North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East & Africa (MEA).

All the above sections, by device type or by regions, evaluate the present scenario and the growth prospects of the Global Consumer Electronics market for the period 2015 –2020. We have considered 2014 as the base year and provide data for the trailing 12 months. 

To calculate the Global Consumer Electronics market size, we have considered revenue generated from the sale of consumer electronics device, wearable device and smart home device. The forecast presented here assesses the total revenue by value across the Global Consumer Electronics market. In order to offer an accurate forecast, we started by sizing the current market, which forms the basis of how Global Consumer Electronics market will develop in the future. Given the characteristics of the market, we triangulated the outcome of three different types of analyses, based on supply side, consumer spending and economic envelope. However, forecasting the market in terms of various consumer electronic devices, smart home devices and wearable devices uptake and region is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the Global Consumer Electronics market.

As previously highlighted, the Global Consumer Electronics market is split into a number of sub categories. All the Global Consumer Electronics sub-categories in terms of device type and region are analysed in terms of Basis Point Share (BPS) to understand individual segments’ relative contributions to market growth. This detailed level of information is important for the identification of various key trends of the Global Consumer Electronics market.  

Also, another key feature of this report is the analysis of all key Global Consumer Electronics market segments, sub-segments, and regional adoption revenue forecast in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the Global Consumer Electronics market. 

Furthermore, to understand key growth segments in terms of growth & adoption of consumer electronic devices, wearable devices and smart home devices across regions, Future Market Insights developed the Global Consumer Electronics Market Attractiveness Index. The resulting index should help providers identify real market opportunities.

In the final section of the report, Global Consumer Electronics Market Competitive landscape is included with detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Global Consumer Electronics space. Key competitors covered are Apple Inc., Samsung Electronics Co. Ltd., HP Inc., LG Electronics Inc., Sony Corporation, Toshiba Corporation, Panasonic Corporation and Hitachi Ltd.

Key Segments Covered

  • By Device Type

    • Consumer Electronics Device

      • Smartphone

      • Feature Phone

      • Tablet

      • Smart TVs

      • Other TVs

      • Set-top Box

      • Personal Computer

      • Digital Camcorder & Camera

      • Digital Media Adapter

      • DVR

      • Game Console

      • Printer

      • Other Consumer Electronic Device

  • By Wearable Device

    • Smart Accessory

    • Other Wearable Device

  • By Smart Home Device

    • Smart Kitchen Appliance

    • Security & HVAC System

Key Regions Covered

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • APEJ

  • Japan

  • MEA

Key Companies

  • Apple Inc.

  • Samsung Electronics Co. Ltd.

  • HP Inc.

  • LG Electronics Inc.

  • Sony Corporation

  • Toshiba Corporation

  • Panasonic Corporation

  • Hitachi Ltd.

  • Khoninklijke Philips N.V.

Table Of Content

1. Executive Summary

    1.1. Research Methodology

    1.2. Assumptions, Acronyms and Terminology Used

2. Global Consumer Electronics Market Overview

    2.1. Market Introduction and Taxonomy

    2.2. Global Consumer Electronics Market Analysis

         2.2.1. Global Consumer Electronics Market Size and Forecast, 2014-2020

         2.2.2. Global Consumer Electronics Market Absolute $ Opportunity, 2015-2020

    2.3. Global Consumer Electronics Market Dynamics

         2.3.1. Drivers

         2.3.2. Restraints

         2.3.3. Opportunities

         2.3.4. Global Consumer Electronics Market Trend

         2.3.5. Porter’s Five Forces Analysis 

3. Global Consumer Electronics Market Analysis By Device Type

    3.1. Global Consumer Electronics Market Share & BPS Analysis By Device Type, 2014 & 2020

    3.2. Global Consumer Electronics Market Y-o-Y Growth Comparison By Device Type, 2014–2020

         3.2.1. Global Consumer Electronic Device Segment Analysis

                3.2.1.1. Global Consumer Electronic Device Absolute $ Opportunity, 2015-2020

                3.2.1.2.  Global Consumer Electronic Device Segment Y-o-Y Growth Forecast, 2014-2020

         3.2.2. Global Wearable Device Segment Analysis

                3.2.2.1. Global Wearable Device Segment Absolute $ Opportunity, 2015-2020

                3.2.2.2. Global Wearable Device Segment Y-o-Y Growth Forecast, 2014-2020

                3.2.2.3. Global Wearable Device Sub-segment Market Size & Forecast, 2013-2020

         3.2.3. Global Smart Home Device Segment Analysis

                3.2.3.1. Global Smart Home Device Segment Absolute $ Opportunity, 2015-2020

                3.2.3.2. Global Smart Home Device Segment Y-o-Y Growth Forecast, 2014-2020

                3.2.3.3. Global Smart Home Device Sub-segment Market Size & Forecast, 2013-2020

3.3. Global Electronics Market Trend By Device Type

4. Global Consumer Electronics Market – Consumer Electronic Device Segment Analysis

    4.1. Global Consumer Electronic Device Sub-segment Market Share Analysis, 2014 & 2020

          4.1.1. Global Consumer Electronic Device Sub-segment Market Size & Forecast, 2013-2020

                 4.1.1.1. Global Smartphone Market Size & Forecast, 2013–2020

                 4.1.1.2. Global Feature Phone Market Size & Forecast, 2013–2020

                 4.1.1.3. Global Tablet Market Size & Forecast, 2013–2020

                 4.1.1.4. Global Smart TV Market Size & Forecast, 2013–2020

                 4.1.1.5. Global Other TV Market Size & Forecast, 2013–2020

                 4.1.1.6. Global Set-top Box Market Size & Forecast, 2013–2020

                 4.1.1.7. Global Personal Computer Market Size & Forecast, 2013–2020

                 4.1.1.8. Global Digital Camcorder & Camera Market Size & Forecast, 2013–2020

                 4.1.1.9. Global Digital Media Adapter Market Size & Forecast, 2013–2020

                 4.1.1.10. Global DVR Market Size & Forecast, 2013–2020

                 4.1.1.11. Global Game Console Market Size & Forecast, 2013–2020

                 4.1.1.12. Global Printer Market Size & Forecast, 2013–2020

                 4.1.1.13. Global Other Consumer Electronic Device Market Size & Forecast, 2013–2020

          4.1.2. Global Consumer Electronic Device Trend By Sub-segment

5. Global Consumer Electronics Market Analysis By Region

    5.1. Global Consumer Electronics Market Share & BPS Analysis By Region, 2014 & 2020

    5.2. Global Consumer Electronics Market Attractiveness By Region, 2013-2020

         5.2.1. North America Consumer Electronics Market Analysis

                 5.2.1.1. North America Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.1.2. North America Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.1.3. Impact Analysis of Drivers and Restraints

          5.2.2. Latin America Consumer Electronics Market Analysis

                 5.2.2.1. Latin America Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.2.2. Latin America Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.2.3. Impact Analysis of Drivers and Restraints

          5.2.3. Western Europe Consumer Electronics Market Analysis

                 5.2.3.1. Western Europe Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.3.2. Western Europe Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.3.3. Impact Analysis of Drivers and Restraints

          5.2.4. Eastern Europe Consumer Electronics Market Analysis

                 5.2.4.1. Eastern Europe Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.4.2. Eastern Europe Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.4.3. Impact Analysis of Drivers and Restraints

          5.2.5. APEJ Consumer Electronics Market Analysis

                 5.2.5.1. APEJ Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.5.2. APEJ Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.5.3. Impact Analysis of Drivers and Restraints

          5.2.6. Japan Consumer Electronics Market Analysis

                 5.2.6.1. Japan Consumer Electronics Market Absolute $ Opportunity, 2015-2020

                 5.2.6.2. Japan Consumer Electronics Market Y-o-Y Growth Forecast, 2014-2020

                 5.2.6.3. Impact Analysis of Drivers and Restraints

6. Competitive Landscape

    6.1.Global Consumer Electronics Market Share Analysis By Company, 2014

    6.2. Company Profiles

          6.2.1. Samsung Electronics Co. Ltd.

          6.2.2. LG Electronics Co. Ltd.

          6.2.3. Apple Inc.

          6.2.4. Hitachi Ltd.

          6.2.5. Koninklijke Philips N.V.

          6.2.6. Sony Corporation

          6.2.7. Hewlett-Packard Inc. (HP)

          6.2.8. Toshiba Corporation

          6.2.9. Panasonic Corporation

7 Global Consumer Electronics Volume Share & Forecast By Device, 2014-2020

7.1. Top Three Players 

7.1.1. Blu-Ray

7.1.1.1. Integra

7.1.1.2. Samsung

7.1.1.3. Sony

7.1.2. Connected TVs

7.1.2.1. LG

7.1.2.2. Samsung

7.1.2.3. Sony

7.1.3. Consumer PCs

7.1.3.1. Lenovo

7.1.3.2. HP

7.1.3.3. Dell

7.1.4. Digital Camcorders

7.1.4.1. GoPro

7.1.4.2. Sony

7.1.4.3. Panasonic

7.1.5. Digital Camera

7.1.5.1. Canon

7.1.5.2. Nikon

7.1.5.3. Sony

7.1.6. Digital Media Adapters

7.1.6.1. Google

7.1.6.2. Apple

7.1.6.3. Roku

7.1.7. eReaders

7.1.7.1. Amazon

7.1.7.2. Kobo

7.1.7.3. Barnes & Noble

7.1.8. Feature Phone

7.1.8.1. Microsoft

7.1.8.2. Samsung

7.1.8.3. LG

7.1.9. Game Console

7.1.9.1. Microsoft

7.1.9.2. Nintendo

7.1.9.3. Sony

7.1.10. HDTV

7.1.10.1. Samsung

7.1.10.2. LG

7.1.10.3. Sony

7.1.11. Smartphone

7.1.11.1. Samsung

7.1.11.2. Apple

7.1.11.3. Huawei

7.1.12. Tablet

7.1.12.1. Apple

7.1.12.2. Samsung

7.1.12.3. Lenovo

7.1.13. Printer

7.1.13.1. HP

7.1.13.2. Canon

7.1.13.3. Epson

7.1.14. Set-top Boxes

7.1.14.1. ARIS

7.1.14.2. Technicolor

7.1.14.3. Pace

List of Tables

Table 1 Global Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 2 Global Wearable Electronic Device Sub-segment Market Size & Forecast (US$ Bn), 2013–2020

Table 3 Global Smart Home Device Sub-segment Market Size & Forecast (US$ Bn), 2013–2020

Table 4 Global Consumer Electronic Device Sub-segment Market Size & Forecast (US$ Bn), 2013–2020

Table 5 Global Consumer Electronics Market Size & Forecast (US$ Bn) By Region, 2013–2020

Table 6 North America Consumer Electronics Market Size & Forecast (US$ Mn) By Device Type, 2013–2020

Table 7 Latin America Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 8 Western Europe Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 9 Eastern Europe Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 10 APEJ Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 11 Japan Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

Table 12 MEA Consumer Electronics Market Size & Forecast (US$ Bn) By Device Type, 2013–2020

List of Figures

Figure 1 Global Consumer Electronics Market Size (US$ Bn) and Y-o-Y Growth Forecast (%), 2014–2020

Figure 2 Global Consumer Electronics Market Absolute $ Opportunity, 2015–2020

Figure 3 Global Disposable Income Y-o-Y Growth Rate, 2013–2020 (%)

Figure 4 Global Consumer Electronics Market Share & BPS Analysis By Device Type, 2014 & 2020

Figure 5 Global Consumer Electronics Market Y-o-Y Growth Comparison By Device Type, 2014–2020

Figure 6 Global Consumer Electronic Device Segment Absolute $ Opportunity, 2015–2020

Figure 7 Global Consumer Electronic Device Segment Y-o-Y Growth Forecast, 2014–2020

Figure 8 Global Wearable Electronic Device Segment Absolute $ Opportunity, 2015–2020

Figure 9 Global Wearable Electronic Device Segment Y-o-Y Growth Forecast, 2014–2020

Figure 10 Global Smart Home Device Segment Absolute $ Opportunity, 2015–2020

Figure 11 Global Smart Home Device Segment Y-o-Y Growth Forecast, 2014–2020

Figure 12 Global Consumer Electronic Device Sub-segment Market Share, 2014

Figure 13 Global Consumer Electronic Device Sub-segment Market Share, 2020

Figure 14 Global Consumer Electronics Market Share & BPS Analysis By Region, 2014 & 2020

Figure 15 Global Consumer Electronics Market Attractiveness By Region, 2013-2020

Figure 16 North America Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 17 North America Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 18 Latin America Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 19 Latin America Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020 

Figure 20 Western Europe Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 21 Western Europe Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 22 Eastern Europe Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 23 Eastern Europe Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 24 APEJ Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 25 APEJ Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 26 Japan Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 27 Japan Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 28 MEA Consumer Electronics Market Absolute $ Opportunity, 2015–2020 

Figure 29  MEA Consumer Electronics Market Y-o-Y Growth Forecast, 2014–2020  

Figure 30  Global Consumer Electronics Market Share Analysis By Company, 2014

Figure 31: Global Shipment and Market Share Forecast of Top Three Players by Blu-Ray, 2014-2020

Figure 32: Global Shipment and Market Share Forecast of Top Three Players by Connected TVs, 2014-2020

Figure 33: Global Shipment and Market Share Forecast of Top Three Players by Consumer PCs, 2014-2020

Figure 34: Global Shipment and Market Share Forecast of Top Three Players by Digital Camcorders, 2014-2020

Figure 35: Global Shipment and Market Share Forecast of Top Three Players by Digital Camera, 2014-2020

Figure 36: Global Shipment and Market Share Forecast of Top Three Players by Digital Media Adapters, 2014-2020

Figure 37: Global Shipment and Market Share Forecast of Top Three Players by eReaders, 2014-2020

Figure 38: Global Shipment and Market Share Forecast of Top Three Players by Feature Phone, 2014-2020

Figure 39: Global Shipment and Market Share Forecast of Top Three Players by Game Console, 2014-2020

Figure 40: Global Shipment and Market Share Forecast of Top Three Players by HDTV, 2014-2020

Figure 41: Global Shipment and Market Share Forecast of Top Three Players by Smartphone, 2014-2020

Figure 42: Global Shipment and Market Share Forecast of Top Three Players by Tablet, 2014-2020

Figure 43: Global Shipment and Market Share Forecast of Top Three Players by Printer, 2014-2020

Figure 44: Global Shipment and Market Share Forecast of Top Three Players by Set-top Boxes, 2014-2020