Advertisement
UK markets close in 5 hours 10 minutes
  • FTSE 100

    7,953.30
    +21.32 (+0.27%)
     
  • FTSE 250

    19,855.31
    +44.65 (+0.23%)
     
  • AIM

    743.14
    +1.03 (+0.14%)
     
  • GBP/EUR

    1.1695
    +0.0026 (+0.22%)
     
  • GBP/USD

    1.2621
    -0.0017 (-0.13%)
     
  • Bitcoin GBP

    56,040.67
    +449.23 (+0.81%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,248.49
    +44.91 (+0.86%)
     
  • DOW

    39,760.08
    +477.75 (+1.22%)
     
  • CRUDE OIL

    82.27
    +0.92 (+1.13%)
     
  • GOLD FUTURES

    2,231.30
    +18.60 (+0.84%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,503.07
    +25.98 (+0.14%)
     
  • CAC 40

    8,242.10
    +37.29 (+0.45%)
     

Global Consumer Electronics Industry COVID-19 Impact Assessment

Electronics sector seems to experience expeditious growth, owing to rise in demand from developing nations. Before the virus outbreak due to rising demand the production of electronics has soared with surge in investments.

New York, June 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Consumer Electronics Industry COVID-19 Impact Assessment" - https://www.reportlinker.com/p06099822/?utm_source=GNW


Factors such as high consumer demand for electronics which leads to more spending in the sector, emerging market economies are proved to be the significant drivers for electronics sector growth. The growth in the electronic sector is also accompanied by rising competition in the market, as with the increase in competition, electronic products are available at affordable prices to the consumers.

In terms of market share, Asia-Pacific region holds a major share of 37.4% of the global consumer electronics retail market followed by North America and Europe with 26.71% and 22.60% respectively. The total revenues of global consumer electronics retail market grew with a CAGR of 3.59% during 2016-2020 to USD 1,132 billion in 2020, while the consumer electronics retail market of Asia-Pacific grew with CAGR of 2.7% to USD 423.37 billion.

The report titled "Global Consumer Electronics Industry COVID-19 Impact Assessment " helps the reader to gain insights on pre-COVID-19 and Post COVID-19 market scenario with the help of market trends and opportunities. A detailed study has been carried out to explore regional markets including North America, APAC and Europe. COVID-19 assessment has been carried out to assess the impact of the virus outbreak over the industry performance.
Read the full report: https://www.reportlinker.com/p06099822/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001