INDUSTRY REPORT
Samsung smart digital appliances in the home.
Image: Samsung.
“ The consumer electronics market is evolving with strong opportunities in 5G, AI, smart home integration and circular economy models.”
INDUSTRY REPORT
A CONNECTED FUTURE
We highlight the latest analysis on global consumer electronics markets for manufacturers including trends, forecasts and supply chains.
The global consumer electronics market is experiencing robust growth driven by rapid technological advancements, increasing disposable incomes and a rising demand for smart and connected devices. The market encompasses a wide range of products including smartphones, laptops, televisions, wearable devices and smart home appliances.
According to analyst Future Market Insights, the consumer electronics market is set for substantial growth from 2025 to 2035. It is being driven by rapid technological advances, the increasing adoption of smart devices and the integration of artificial intelligence( AI) and IoT( Internet of Things) in consumer products. Market size is projected to expand from US $ 690 billion in 2025 to US $ 1.352 trillion by 2035, said the analyst, registering a compound annual growth rate( CAGR) of approximately 5.80 % over the forecast period.“ The growing demand for smartphones, smart home devices, wearable technology and high-performance computing gadgets is fuelling industry expansion. Additionally, the increasing emphasis on sustainability, energy-efficient products and circular economy practices is influencing market trends. E-commerce platforms and direct-to-consumer sales channels are also playing a pivotal role in reshaping consumer purchasing behaviour,” explained Future Market Insights.“ Companies are focusing on innovation, sustainability and strategic partnerships to strengthen their market positions. The industry is characterised by both established multinational corporations and emerging players striving to capture market share through diverse product offerings and targeted marketing strategies,” it added.
44 | ismr. net | ISMR October 2025