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The global consumer electronics industry, valued at US$ 1.0 trillion in 2023, is projected to grow at a CAGR of 6.1% from 2024 to 2034, reaching US$ 1.9 trillion by the end of 2034.

Home appliances, entertainment & communication devices, and personal care & grooming devices are categorized as consumer electronics. Key technological trends shaping the consumer electronics industry include artificial intelligence (AI) and machine learning, connectivity and IoT integration, and display technologies.