Consumer Electronics Market to Witness a Rise of US$ 2,976.1 Bn in 2020

The market is expected to approach a value of US$ 1,712.9 Bn by 2016 end, which may raise at a CAGR of 15.4% over the next four years. Smartphones will remain the dominant consumer electronics product type, whereas Asia Pacific will continue to be the leading region over 2016-2020.