Portable Electronics Market Synopsis

Portable Electronics Market Size Was Valued at USD 672.28 Billion in 2023, and is Projected to Reach USD 1678.34 Billion by 2032, Growing at a CAGR of 10.7% From 2024-2032.

Portable electronics include small handheld devices that are conveniently moveable and usable on the move. Some of the devices with these capabilities include smart phones, tablet computers, Laptops, smartwatches, portable video games, e-book readers, and more to list but a few.

  • Small, portable devices made primarily for portability include laptops, tablets, and ultrabooks that generally offer great battery life, Wi-Fi, and touch screens. Portable electronics including phones, iPods, and laptops have greatly enhanced our social and information interaction, entertainment, and essentials life necessities to our society.
  • The portable electronics in other markets are stimulated by technology innovations in miniaturization, better batteries and availability of wireless networks. State-of-the-art hardware such as touch screen, high density power source and improved processors have seen these devices do high end operations that were only achievable with large and fixed devices. Thus, portable electronics has been invaluable in the enhancement of productivity, home/office use and even entertainment as it allows the user to be productive, learn or have fun irrespective of the location.
  • Examining the social significance of portable electronics is of interest since they affect not only humans’ personal convenience but numerous fields and trends as well. As for social efficiency, they enhance e-learning and remote studying, contributing to making education available. In healthcare sector, wearable technologies encompass smart bands or smart watches which allows for health monitoring and telecare services.
  • Furthermore, portable electronics are now a part of media consumption as videos and audio can be streamed easily, with digital content available at the click of a button, literally on the go. A continued improvement in technology will most likely continue to increase with the features and use of portable electronics, thus solidifying them into an integral part of our society and the future of interpersonal interaction.

Portable Electronics Market Trend Analysis

Increasing Demand for Connectivity

  • It may be debated that the portable electronics market has been driven by this increasing demand for connectivity. Since the customer is actively using technology in carrying out his/her day to day activities, there is rise the issue of interconnectivity. This growth has mainly been attributed to the mobile devices, such as mobile phones, tablets and wearable gadgets that require stronger, faster and reliable internet connections to operate effectively.
  • These devices play a crucial role in today’s lives as they help people maintain social media contacts, work from home, access cloud services, etc. Therefore, there is a shift where manufacturers are focusing on enhancing the connectivity to advanced features like 5G, Wi-Fi 6, Bluetooth 5. 0 proposed to match the demand of the consumers and create long-lasting valuable customer experiences.
  • Another trend related to this issue is the development of the IoT around portable electronics, in which Internet-connected devices become the central points. Wearable electronics such as the smartwatch, fitness bands, and medical equipment including portable medical devices that are wearable are integrating and enabling timely sharing of data. This integration is especially important for health monitoring, wearables, and smart home apps.
  • For example, smart health products, such as wearable health-care devices, may include heart rate or blood pressure tracking devices that may communicate with the doctor’s office and allow for continuous treatment. The desire for such connectivity not only enhances the capabilities of the gadgets, but also enables companies and manufacturers to create novel and unique devices that would best suit the customers’ demands.
  • Furthermore, the growing popularity of portable devices such as media players and mobile phones that are integrated with increased connectivity features is driving development of related technologies and platforms. Firms still focus their efforts on improving the designs of newshounds in terms of cost-effectiveness and reliability.
  • This entails implementing new generation networks such as 5G, which has had commitment for higher speeds as well as less latency necessary for portable equipment. Moreover, for connected devices to last longer and be highly reliable, improvements in the battery system and efficiency of the components used are being made. With the constant increase in demand for connectivity, it has reformatted the portable electronics market, resulting in growth and encouraging a culture for the development of new technologies.

Integration with Augmented Reality (AR) and Virtual Reality (VR)

  • The use of AR/VR technology in the market has great prospects for the development of the portable electronics market. These technologies improve not only the user experience through the ability to offer multi-sensory environments that expand upon typical interfaces.
  • For example, AR can place additional digital information on the physical environment and provide supplementary real-time information and even a possibility of an active engagement by means of portable technologies such as smartphones and tablet PCs. While once dominating the entertainment industry it is now challenging the tech industry with completely new applications in gaming and entertainment, education and healthcare. As a result, portable electronics with AR capabilities are turning into essential products in the lives of the general public and workers alike.
  • Additionally, one of the biggest benefits of VR is the immersion that is granted by it, together with the opportunity to access VR experiences using portable devices like VR headsets. Both these devices are rapidly shrinking in size and price to enable the immersion of a growing number of users in virtual reality.
  • This trend can be exploited by the portable electronics market where the portable electronic gadget manufacturers can design and release products that support VR gaming, virtual tourism, home-based working and learning. The theoretical concept of social presence learning is ideal for breaking users into entirely new worlds and for the professional training of individuals that interact with complex systems and services in the physical world. Consequently, in the near future, the prospect of portable devices for VR will shape innovations and the development of the market.
  • Last but not the least, integrated solutions of AR and VR with portables electronics are providing new horizons of business models and revenues. AR & VR applications are fluidic in nature, companies can create applications that can be sold through app stores, paid subscription and additional virtual item purchases. Furthermore, this brings about the issue of data collected from the applications which can be useful in understanding users’ behavior, enhance experience and better placement of advertisements.
  • The use of case of AR and VR also paves way to even cross-industry symbiosis with other sectors like the retail whereby AR can further augment the consumption phase by enabling the purchaser visualize the product in his/her surrounding before buying. But this fusion between AR, VR, and portable electronics is not just growing a new market, it is also fostering growth within this market and effectively creating a mutually beneficial cycle which helps both buyers and sellers.

Portable Electronics Market Segment Analysis:

  • Portable Electronics Market Segmented on the basis of Material and Type.

By Product, Mobile Handsets segment is expected to dominate the market during the forecast period

  • In the Portable Electronics Market, the C4 sub segment itself is commanded predominantly by the Mobile Handsets. The following are some factors explaining this dominance: mobile technologies’ development [, mobile devices, especially smartphone, more customers’ mobile Internet use, etc. Today we cannot even imagine our life without using one or multiple features of the mobile handsets, smart phones in particulars where they work not only as a mean of communication, but also for browsing the internet, social networks, games, photo and video sessions, etc. The calling liquidity and these multi-functioning capabilities are factors that ensurehusbandly; these are the imperatives that explain the portable electronics market leadership by hand set.
  • The other driver for growth in the mobile handset segment is attributed centralization of the 4G and 5G networks that support the usability and features of the handset. Customers are thus moving up to newer and more advanced mobile phones that are compatible with these speeds and other additional features that include streaming services, AR/VR. Thirdly, there is competition in the mobile phone market, and this induces new models with improved functionalities within short intervals, hence continuing with consumer interest and demand. Smartphones’ strong hold on the global market is due to innovation by manufacturers such as Apple, Samsung, Huawei, and Xiaomi, which are embedding the newest technologies.
  • In addition, mobile handsets have achieved high penetrations in the emerging markets, which throws their overall market share ahead of the competition. Precisely, today, in many developing regions, it is evident that most users of the internet use smartphones as their main tool in this regard instead of PCs or laptops. This is because smartphones are easier to afford than the other types of electronics because of the improvement in their technologies.
  • The market for mobile handsets is growing rapidly and the Company still retains the commanding heights in the segment of portable electronics. The connections of mobile handsets with different services and applications – from financial, through to telecommunication, health, and more – also point to their core role in defining the modern data ecosystem; thus, they are the most significant segment in the portable electronics market.

By Application, Residential Electronics segment expected to held the largest share

  • In the Portable Electronics Market application wise the main classifications are Automotive and others where the leading sub segment is Residential. It is mainly caused by the increased usage of portable electronic devices for personal use than for professional purposes in homes.
  • There is a heavy usage of non-voice applications covering communication needs through mobile handsets, data and voice connectivity through laptops, tablets and media players and replacing home multimedia educational applications. These devices are perfect for home, because people can use them for nearly any activity they may encounter in their daily lives, whether it be for entertainment, work, or handling smart home interfaces.
  • Several factors have contributed to the rise in the residential segment, that is the enhanced use of the internet, the advancements that have occurred in making homes intelligent and the effects brought about by work from home and online classes. Homes that are adopting smart technology shifting more center of gravity to tablets, smartphones and wearable gadgets for controlling home conditions, time-tables for work and education, even for attending online classes.
  • COVID-19 took this trend to the next level as the world embraced compulsory lock down and social distancing, making efficient and effective home based solutions for work, school and recreation essential paramount. It has also given a more accredited status to the part of portable electronic products that is more dominated by the residential segment.
  • Secondly, there is a proliferation of portable electronics, and the constant improvement of technologies, which has resulted in people from various income brackets being able to afford portable electronics.
  • This clearly indicates that as more people have the ability to buy and use these devices, then more people will be available in the market from the residential segment. Further, the adaptation of artificial intelligence and Internet of Things (IoT) in consumer electronics has extended its usability and desirability attributes that the consumer electronics are deemed as a necessity in contemporary societies. Therefore, the residential segment remains a growth engine for portable electronics as the industry underscores innovation, consumer access, and new necessities in home applications.

Portable Electronics Market Regional Insights:

North America  is Expected to Dominate the Market Over the Forecast period

  • The factors which have contributed to North America to have bigger share of the portable electronics market are as follows. To begin with, it has a high level of technology and innovation when compared with other regions of the world. Among the most prominent players there are Apple, Microsoft, Qualcomm, and many others more which are major industry participants and technology leaders. It is through these companies that innovation wheel is turned, and they are also involved in setting of portable electronics trends in the global market. Their high constant introduction of advance technologies in the form of new and better devices, specifically research and development expenditure helps North America to remain the leading center of this industry.
  • North American market has a well-established consumer pool that has relatively high disposable income that drives the market need for an advanced portable electronic devices. Its consumers are tech-savvy, especially the new generations who are known to be in the forefront when it comes to adapting to the new technology in the market and replacing them often.
  • This consumer behaviour is fostered by a strong retail industry and relevant distribution networks to ensure that the new product hits the market immediately. Further, continuous need to remain connected and to be updated with the latest technology has made the region have a high feature phones as well as smart phones and portable electronic devices such as tablets among others.
  • Finally, the well-developed infrastructure and favourable governments policies prevent north America to hold a dominant position in portable electronics market. That is why it is important to note that the region has a well-developed telecommunications infrastructure that also makes the Internet widely spread and available – this factor is crucial for the functioning of portable electronics in the present days.
  • Reliability on the government measures and investments, protect intellectual property rights, responsive regulatory system all contribute to a propitious environment for the portable electronics industry growth. Hence it can be said that by providing every possible support to the regime North America is enabled to maintain its strong foot hold of the market and continuously attract investments.

Active Key Players in the Portable Electronics Market

  • Acer Inc. (Taiwan)
  • Amazon.com, Inc. (USA)
  • Apple Inc. (USA)
  • ASUS (Taiwan)
  • Bose Corporation (USA)
  • Dell Technologies Inc. (USA)
  • Fitbit, Inc. (USA)
  • Garmin Ltd. (USA)
  • Google LLC (USA)
  • HP Inc. (USA)
  • Huawei Technologies Co., Ltd. (China)
  • Lenovo Group Limited (China)
  • LG Electronics Inc. (South Korea)
  • Microsoft Corporation (USA)
  • Nintendo Co., Ltd. (Japan)
  • Panasonic Corporation (Japan)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Sony Corporation (Japan)
  • Sony Interactive Entertainment LLC (USA)
  • Xiaomi Corporation (China), Other Key Players.

Global Portable Electronics Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 672.28 Bn.

Forecast Period 2024-32 CAGR:

10.7%

Market Size in 2032:

USD 1678.34 Bn.

Segments Covered:

By Product

  • Mobile Handsets
  • Personal Digital Assistant (PDA)
  • Notebook/Laptop
  • Media Players
  • Gaming Consoles
  • Digital Camera
  • Navigation Systems
  • Power Banks
  • Flash Drives
  • Healthcare devices
  • Others

By Application

  • Industrial
  • Commercial
  • Residential
  • Medical
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Disposable Income

Key Market Restraints:

  • Battery Life Limitations

Key Opportunities:

  • Development of Sustainable Technologies

Companies Covered in the report:

  • Acer Inc. (Taiwan), Amazon.com, Inc. (USA), Apple Inc. (USA), ASUS (Taiwan), Bose Corporation (USA), and Other Major Players.

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Portable Electronics Market by Product
 4.1 Portable Electronics Market Snapshot and Growth Engine
 4.2 Portable Electronics Market Overview
 4.3 Mobile Handsets
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Mobile Handsets: Geographic Segmentation Analysis
 4.4 Personal Digital Assistant (PDA)
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Personal Digital Assistant (PDA): Geographic Segmentation Analysis
 4.5 Notebook/Laptop
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Notebook/Laptop: Geographic Segmentation Analysis
 4.6 Media Players
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Media Players: Geographic Segmentation Analysis
 4.7 Gaming Consoles
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Gaming Consoles: Geographic Segmentation Analysis
 4.8 Digital Camera
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Digital Camera: Geographic Segmentation Analysis
 4.9 Navigation Systems
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Navigation Systems: Geographic Segmentation Analysis
 4.10 Power Banks
  4.10.1 Introduction and Market Overview
  4.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.10.3 Key Market Trends, Growth Factors and Opportunities
  4.10.4 Power Banks: Geographic Segmentation Analysis
 4.11 Flash Drives
  4.11.1 Introduction and Market Overview
  4.11.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.11.3 Key Market Trends, Growth Factors and Opportunities
  4.11.4 Flash Drives: Geographic Segmentation Analysis
 4.12 Healthcare devices
  4.12.1 Introduction and Market Overview
  4.12.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.12.3 Key Market Trends, Growth Factors and Opportunities
  4.12.4 Healthcare devices: Geographic Segmentation Analysis
 4.13 Others
  4.13.1 Introduction and Market Overview
  4.13.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.13.3 Key Market Trends, Growth Factors and Opportunities
  4.13.4 Others: Geographic Segmentation Analysis

Chapter 5: Portable Electronics Market by Application
 5.1 Portable Electronics Market Snapshot and Growth Engine
 5.2 Portable Electronics Market Overview
 5.3 Industrial
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Industrial: Geographic Segmentation Analysis
 5.4 Commercial
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Commercial: Geographic Segmentation Analysis
 5.5 Residential
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Residential: Geographic Segmentation Analysis
 5.6 Medical
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Medical: Geographic Segmentation Analysis
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Portable Electronics Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 ACER INC (TAIWAN)
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 AMAZON COM INC (USA)
 6.4 APPLE INC (USA)
 6.5 ASUS (TAIWAN)
 6.6 BOSE CORPORATION (USA)
 6.7 DELL TECHNOLOGIES INC (USA)
 6.8 FITBIT INC (USA)
 6.9 GARMIN LTD (USA)
 6.10 GOOGLE LLC (USA)
 6.11 HP INC (USA)
 6.12 HUAWEI TECHNOLOGIES CO LTD (CHINA)
 6.13 LENOVO GROUP LIMITED (CHINA)
 6.14 LG ELECTRONICS INC (SOUTH KOREA)
 6.15 MICROSOFT CORPORATION (USA)
 6.16 NINTENDO CO LTD (JAPAN)
 6.17 PANASONIC CORPORATION (JAPAN)
 6.18 SAMSUNG ELECTRONICS CO LTD (SOUTH KOREA)
 6.19 SONY CORPORATION (JAPAN)
 6.20 SONY INTERACTIVE ENTERTAINMENT LLC (USA)
 6.21 XIAOMI CORPORATION (CHINA)
 6.22 OTHER KEY PLAYERS

Chapter 7: Global Portable Electronics Market By Region
 7.1 Overview
7.2. North America Portable Electronics Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Product
   7.2.4.1 Mobile Handsets
   7.2.4.2 Personal Digital Assistant (PDA)
   7.2.4.3 Notebook/Laptop
   7.2.4.4 Media Players
   7.2.4.5 Gaming Consoles
   7.2.4.6 Digital Camera
   7.2.4.7 Navigation Systems
   7.2.4.8 Power Banks
   7.2.4.9 Flash Drives
   7.2.4.10 Healthcare devices
   7.2.4.11 Others
  7.2.5 Historic and Forecasted Market Size By Application
   7.2.5.1 Industrial
   7.2.5.2 Commercial
   7.2.5.3 Residential
   7.2.5.4 Medical
   7.2.5.5 Others
  7.2.6 Historic and Forecast Market Size by Country
   7.2.6.1 US
   7.2.6.2 Canada
   7.2.6.3 Mexico
7.3. Eastern Europe Portable Electronics Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Product
   7.3.4.1 Mobile Handsets
   7.3.4.2 Personal Digital Assistant (PDA)
   7.3.4.3 Notebook/Laptop
   7.3.4.4 Media Players
   7.3.4.5 Gaming Consoles
   7.3.4.6 Digital Camera
   7.3.4.7 Navigation Systems
   7.3.4.8 Power Banks
   7.3.4.9 Flash Drives
   7.3.4.10 Healthcare devices
   7.3.4.11 Others
  7.3.5 Historic and Forecasted Market Size By Application
   7.3.5.1 Industrial
   7.3.5.2 Commercial
   7.3.5.3 Residential
   7.3.5.4 Medical
   7.3.5.5 Others
  7.3.6 Historic and Forecast Market Size by Country
   7.3.6.1 Bulgaria
   7.3.6.2 The Czech Republic
   7.3.6.3 Hungary
   7.3.6.4 Poland
   7.3.6.5 Romania
   7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Portable Electronics Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Product
   7.4.4.1 Mobile Handsets
   7.4.4.2 Personal Digital Assistant (PDA)
   7.4.4.3 Notebook/Laptop
   7.4.4.4 Media Players
   7.4.4.5 Gaming Consoles
   7.4.4.6 Digital Camera
   7.4.4.7 Navigation Systems
   7.4.4.8 Power Banks
   7.4.4.9 Flash Drives
   7.4.4.10 Healthcare devices
   7.4.4.11 Others
  7.4.5 Historic and Forecasted Market Size By Application
   7.4.5.1 Industrial
   7.4.5.2 Commercial
   7.4.5.3 Residential
   7.4.5.4 Medical
   7.4.5.5 Others
  7.4.6 Historic and Forecast Market Size by Country
   7.4.6.1 Germany
   7.4.6.2 UK
   7.4.6.3 France
   7.4.6.4 Netherlands
   7.4.6.5 Italy
   7.4.6.6 Russia
   7.4.6.7 Spain
   7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Portable Electronics Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Product
   7.5.4.1 Mobile Handsets
   7.5.4.2 Personal Digital Assistant (PDA)
   7.5.4.3 Notebook/Laptop
   7.5.4.4 Media Players
   7.5.4.5 Gaming Consoles
   7.5.4.6 Digital Camera
   7.5.4.7 Navigation Systems
   7.5.4.8 Power Banks
   7.5.4.9 Flash Drives
   7.5.4.10 Healthcare devices
   7.5.4.11 Others
  7.5.5 Historic and Forecasted Market Size By Application
   7.5.5.1 Industrial
   7.5.5.2 Commercial
   7.5.5.3 Residential
   7.5.5.4 Medical
   7.5.5.5 Others
  7.5.6 Historic and Forecast Market Size by Country
   7.5.6.1 China
   7.5.6.2 India
   7.5.6.3 Japan
   7.5.6.4 South Korea
   7.5.6.5 Malaysia
   7.5.6.6 Thailand
   7.5.6.7 Vietnam
   7.5.6.8 The Philippines
   7.5.6.9 Australia
   7.5.6.10 New Zealand
   7.5.6.11 Rest of APAC
7.6. Middle East & Africa Portable Electronics Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Product
   7.6.4.1 Mobile Handsets
   7.6.4.2 Personal Digital Assistant (PDA)
   7.6.4.3 Notebook/Laptop
   7.6.4.4 Media Players
   7.6.4.5 Gaming Consoles
   7.6.4.6 Digital Camera
   7.6.4.7 Navigation Systems
   7.6.4.8 Power Banks
   7.6.4.9 Flash Drives
   7.6.4.10 Healthcare devices
   7.6.4.11 Others
  7.6.5 Historic and Forecasted Market Size By Application
   7.6.5.1 Industrial
   7.6.5.2 Commercial
   7.6.5.3 Residential
   7.6.5.4 Medical
   7.6.5.5 Others
  7.6.6 Historic and Forecast Market Size by Country
   7.6.6.1 Turkey
   7.6.6.2 Bahrain
   7.6.6.3 Kuwait
   7.6.6.4 Saudi Arabia
   7.6.6.5 Qatar
   7.6.6.6 UAE
   7.6.6.7 Israel
   7.6.6.8 South Africa
7.7. South America Portable Electronics Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Product
   7.7.4.1 Mobile Handsets
   7.7.4.2 Personal Digital Assistant (PDA)
   7.7.4.3 Notebook/Laptop
   7.7.4.4 Media Players
   7.7.4.5 Gaming Consoles
   7.7.4.6 Digital Camera
   7.7.4.7 Navigation Systems
   7.7.4.8 Power Banks
   7.7.4.9 Flash Drives
   7.7.4.10 Healthcare devices
   7.7.4.11 Others
  7.7.5 Historic and Forecasted Market Size By Application
   7.7.5.1 Industrial
   7.7.5.2 Commercial
   7.7.5.3 Residential
   7.7.5.4 Medical
   7.7.5.5 Others
  7.7.6 Historic and Forecast Market Size by Country
   7.7.6.1 Brazil
   7.7.6.2 Argentina
   7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
 

Global Portable Electronics Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 672.28 Bn.

Forecast Period 2024-32 CAGR:

10.7%

Market Size in 2032:

USD 1678.34 Bn.

Segments Covered:

By Product

  • Mobile Handsets
  • Personal Digital Assistant (PDA)
  • Notebook/Laptop
  • Media Players
  • Gaming Consoles
  • Digital Camera
  • Navigation Systems
  • Power Banks
  • Flash Drives
  • Healthcare devices
  • Others

By Application

  • Industrial
  • Commercial
  • Residential
  • Medical
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Disposable Income

Key Market Restraints:

  • Battery Life Limitations

Key Opportunities:

  • Development of Sustainable Technologies

Companies Covered in the report:

  • Acer Inc. (Taiwan), Amazon.com, Inc. (USA), Apple Inc. (USA), ASUS (Taiwan), Bose Corporation (USA), and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Portable Electronics Market research report?

The forecast period in the Portable Electronics Market research report is 2024-2032.

Who are the key players in the Portable Electronics Market?

Acer Inc. (Taiwan), Amazon.com, Inc. (USA), Apple Inc. (USA), ASUS (Taiwan), Bose Corporation (USA), Dell Technologies Inc. (USA), Fitbit, Inc. (USA), Garmin Ltd. (USA), Google LLC (USA), HP Inc. (USA), Huawei Technologies Co., Ltd. (China), Lenovo Group Limited (China), LG Electronics Inc. (South Korea), Microsoft Corporation (USA), Nintendo Co., Ltd. (Japan), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Sony Interactive Entertainment LLC (USA), Xiaomi Corporation (China), and Other Major Players.

What are the segments of the Portable Electronics Market?

The Portable Electronics Market is segmented into Product, Application, and region. By Product, the market is categorized into Mobile Handsets, Personal Digital Assistant (PDA), Notebook/Laptop, Media Players, Gaming Consoles, Digital Camera, Navigation Systems, Power Banks, Flash Drives, Healthcare devices, Others. By Application, the market is categorized into Industrial, Commercial, Residential, Medical, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Portable Electronics Market?

Mobile electronics are those that are small in size, and is designed to be transported along with the individual doing his or her daily activities. They are gadgets like smart mobile phones, tablets, portable laptops, e-reading devices, portable media players, and wearable devices, which are smartwatches and trackers. They provide features like communication, games and media, computation as well as health management making them essentials in everyday life.

How big is the Portable Electronics Market?

Portable Electronics Market Size Was Valued at USD 672.28 Billion in 2023, and is Projected to Reach USD 1678.34 Billion by 2032, Growing at a CAGR of 10.7% From 2024-2032.