The global consumer electronics market size is expected to showcase considerable growth by reaching USD 989.37 by 2027. The growth is attributable to the growing demand for user-friendly electronic products and the rising residential sector that propels the demand for consumer electronics globally. According to our analysis, the global market for consumer electronics is expected to experience a negative CAGR of -5.4% in 2020.

The global consumer electronics market size is expected to showcase considerable growth by reaching USD 989.37 by 2027. The growth is attributable to the growing demand for user-friendly electronic products and the rising residential sector that propels the demand for consumer electronics globally. According to our analysis, the global market for consumer electronics is expected to experience a negative CAGR of -5.4% in 2020.