The global Consumer Electronics Market is poised to witness significant growth in the coming years, with projections indicating it will reach $1257.4 billion by 2031, growing at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031, according to the latest research by Meticulous Research®. This expansion is fueled by various factors, including government efforts to promote connected devices, rapid e-commerce growth, increasing urbanization, rising disposable incomes, and continuous technological advancements.
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