According to the recent study the portable electronics market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by increasing disposable income, demand for portable devices, increasing penetrations of internet, deployment of 5G, and falling electronic devices price.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in portable electronics market by product (mobile handset, personal digital assistant, notebook/laptop, media players, gaming consoles, digital camera, navigation systems, power banks, flash drives, healthcare devices, and others), end use industry (personal, industrial, commercial, military, medical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Flash drives market is expected to remain the largest segment during the forecast period.”
Based on product, the portable electronics market is segmented into mobile handset, personal digital assistant, notebook/laptop, media players, gaming consoles, digital camera, navigation systems, power banks, flash drives, healthcare devices, and others. Lucintel forecasts that the flash drives market is expected to remain the largest segment due to increasing demand for compact and easy to use storage devices.
“Within the portable electronics market, the medical segment is expected to remain the largest end use industry”
Based on end use industry the medical segment is expected to witness the highest growth over the forecast period due to the increasing usage of advanced technology for monitoring and managing healthcare issues.
“North America will dominate the portable electronics market in near future”
North America will remain the largest region due to the increasing demand for digitalization, technical improvements, and existence of key market players.
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Major players of portable electronics market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Apple Inc., Samsung Electronics, Sony Corporation, Dell Inc., Eastman Kodak Company, Toshiba Corporation, PAKM Inc are among the major portable electronics providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/portable-electronics-market.aspx or [email protected]