The global Consumer Electronics Market is poised for robust growth, projected to reach $1,257.4 billion by 2031, with a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031, according to the latest research by Meticulous Research®. This growth is driven by multiple factors, including increasing government initiatives to promote connected devices, the rapid expansion of e-commerce, urbanization, rising disposable incomes, and advancements in electronic technologies.
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