Portable Electronics Market is garnering huge traction around the globe owing to the burgeoning electronics industry. These tiny, lightweight, and easy to carry electronics are durable, faster and immune to outside effects like solar and electromagnetic fields. These special qualities have helped portable electronics to garner huge popularity and increasing sales. This, in turn, is escalating the market growth on the global platform and the portable electronics market is growing persistently.
Acknowledging the exceptional growth the market is witnessing and the potential of this market to get accredited during the upcoming years, Market Research Future (MRFR), in its recently published study report, asserts that the already booming market of portable electronics is expected to reach USD 779.97 Bn. approx. by 2023, registering 8.87% CAGR between 2017 and 2023.
By Products: Comprises Mobile Handsets, Personal Digital Assistant (PDA), Notebooks & Laptops, Media Players, Gaming Consoles, Digital Camera, Power Banks, Flash Drives, Healthcare Devices and Navigation Systems among others.
By End-Users: Personal, Healthcare, Industrial, and Corporate among others.
By Regions: North America, Europe, APAC and Rest-of-the-World (RoW).
Dell, Inc. (US), Apple, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Toshiba Corporation (Japan), Sony Corporation (Japan), HP (US), Nokia Corporation (Finland), Motorola Solutions, Inc. (US), Eastman Kodak Company (US), and Palm, Inc. (US) are some of the prominent players at the forefront of competition and are profiled in MRFR Analysis.
The market for Portable Electronics appears to be highly competitive owing to the presence of numerous well-established players having the international and global presence. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for the leading players.