인공지능(AI), 사물인터넷(IoT), 자동화 분야의 기술 발전으로 인해 스마트 기기 및 소비자 전자제품에 대한 수요가 증가하고 있습니다. 이러한 수요는 강화된 연결성, 편의성, 개인화된 경험에 대한 소비자의 기대치가 높아짐에 의해 촉진되고 있으며, Verified Market Research의 애널리스트에 따르면 CE(Consumer Electronics) 시장은 2024년에는 약 8,381억 3,000만 달러를 밑돌며, 예측 기간 중 1조 1,572억 7,000만 달러의 평가에 달할 것으로 추정되고 있습니다.
소비자 전자제품 시장의 급격한 성장은 주로 스마트폰, 웨어러블, 스마트홈 시스템 등 혁신적이고 다기능적인 기기에 대한 소비자 수요 증가에 의해 주도되고 있습니다. 이러한 기술의 채택은 무선통신, 배터리 수명, 에너지 효율성의 발전으로 인해 가속화되고 있으며, 2026-2032년 4.54%의 연평균 복합 성장률(CAGR)을 보일 것으로 예측됩니다.
CE(Consumer Electronics) 시장 정의/개요
소비자 전자제품 시장은 스마트폰, 태블릿, 노트북, 웨어러블, 가전제품 등 일상적인 개인 사용을 목적으로 하는 제품으로 정의됩니다. 이러한 기기들은 커뮤니케이션, 엔터테인먼트, 집안일을 용이하게 하기 위해 사용되며, 현대 생활에 없어서는 안 될 필수품으로 자리 잡았습니다. 이 시장은 빠른 기술 혁신으로 분류되며, 사용자 경험을 향상시키기 위해 새로운 기능과 기술 발전이 지속적으로 제품에 통합되고 있습니다.
스마트 기기, 커넥티비티 솔루션, 에너지 효율이 높은 전자제품에 대한 수요 증가가 시장 성장의 원동력이 되고 있습니다. 가처분 소득 증가, 도시화, 디지털 라이프스타일로의 전환은 소비자 전자제품 분야의 성장에 기여하고 있습니다. 또한 주요 기업의 R&D 투자 확대는 제품 혁신과 시장 침투를 가속화할 것으로 예측됩니다.
CE(Consumer Electronics) 시장의 성장은 사물인터넷(IoT)과 5G 기술의 확대로 인한 스마트 기기 및 커넥티드 기기에 대한 수요 증가로 인해 형성되고 있습니다. IDC(International Data Corporation)에 따르면 전 세계 IoT 지출은 2024년까지 1조 1,000억 달러에 달하며, 2020-2024년 11.3%의 연평균 복합 성장률(CAGR)을 보일 것으로 전망됩니다. 인공지능(AI)을 디바이스에 통합하여 보다 직관적이고 개인화된 사용자 경험을 가능하게 하는 데 중점을 두고 있습니다.
또한 지속가능성에 대한 관심이 높아지면서 친환경 소재와 에너지 효율이 높은 부품을 사용하여 제조되는 제품이 증가하고 있습니다. 제품 설계의 혁신은 제품수명주기의 단축과 함께 잦은 제품 출시로 이어져 시장 확대에 더욱 기여하고 있습니다.
CE(Consumer Electronics) 시장의 성장은 공급망 혼란, 원자재 가격 상승, 세계 반도체 공급 부족 등의 요인으로 인해 성장세가 둔화되고 있습니다. 이러한 문제는 특히 핵심 부품의 생산 및 공급에서 두드러지게 나타나며, 제조 일정 지연과 제품 비용 상승으로 이어지고 있습니다.
또한 기술 발전의 빠른 속도는 제품수명주기를 단축시켜 제조업체들이 재고 관리와 수익성 유지에 어려움을 겪고 있습니다. 이러한 공급 측면의 제약이 지속되면 시장 성장을 저해하고 기업이 소비자 수요 증가에 효율적으로 대응할 수 있는 능력을 제한할 것으로 예측됩니다.
Increasing technological advancements in the fields of artificial intelligence (AI), Internet of Things (IoT), and automation are driving the growing demand for smart devices and consumer electronics. This demand is being fueled by rising consumer expectations for enhanced connectivity, convenience, and personalized experiences. According to the analyst from Verified Market Research, the Consumer Electronic Market is estimated to reach a valuation of USD 1157.27 Billion over the forecast subjugating around USD 838.13 Billion valued in 2024.
The rapid expansion of the consumer electronic market is primarily driven by increasing consumer demand for innovative and multifunctional devices, such as smartphones, wearables, and smart home systems. The rising adoption of these technologies is being accelerated by advancements in wireless communication, battery life, and energy efficiency, contributing to a steady CAGR in the sector. It enables the market to grow at a CAGR of 4.54% from 2026 to 2032.
Consumer Electronic Market: Definition/ Overview
The consumer electronics market is defined by products designed for daily personal use, such as smartphones, tablets, laptops, wearables, and home appliances. These devices are used to facilitate communication, entertainment, and household tasks, making them essential in modern life. The market is categorized by rapid innovation, where new features and technological advancements are constantly being integrated into products to enhance user experience.
Increasing demand for smart devices, connectivity solutions, and energy-efficient electronics has been observed, driving market growth. Rising disposable income, urbanization, and a shift toward digital lifestyles are contributing to the expansion of the consumer electronics sector. Additionally, growing investments in research and development by leading companies are expected to accelerate product innovation and market penetration.
The growth of the consumer electronics market is being shaped by increasing demand for smart and connected devices, driven by the expansion of the Internet of Things (IoT) and 5G technology. According to the International Data Corporation (IDC), global spending on IoT is expected to reach USD1.1 Trillion by 2024, with a compound annual growth rate (CAGR) of 11.3% between 2020 and 2024. Emphasis is being placed on the integration of artificial intelligence (AI) in devices, enabling more intuitive and personalized user experiences.
In addition, a rising shift toward sustainability is being observed, with more products being manufactured using eco-friendly materials and energy-efficient components. Innovations in product design, coupled with shorter product life cycles, are leading to frequent product launches, further contributing to market expansion.
The growth of the consumer electronics market is being restrained by factors such as supply chain disruptions, rising raw material costs, and global semiconductor shortages. These challenges are particularly evident in the production and availability of critical components, leading to delayed manufacturing timelines and increased product costs.
Additionally, the rapid pace of technological advancements has resulted in shorter product lifecycles, creating difficulties for manufacturers in managing inventories and maintaining profitability. As these supply-side constraints persist, they are expected to hinder market growth and limit the ability of companies to meet rising consumer demand efficiently.
According to VMR analyst, the dominance of smart home devices in the consumer electronics market is attributed to several factors, including enhanced convenience, improved energy efficiency, and growing consumer awareness of smart technologies. Increasing integration of artificial intelligence and IoT technologies into these devices has enabled seamless connectivity and control through smartphones and voice-activated assistants.
Consumer preferences for automated solutions that enhance security, comfort, and energy management have been observed, leading to a significant rise in smart home device adoption. Additionally, the availability of affordable and user-friendly products is being promoted, which has further fueled the growth of this sub-segment in recent years.
According to VMR analyst, the rapid growth of Near Field Communication (NFC) technology in consumer electronics applications is being driven by the increasing demand for contactless payment solutions and secure data exchange. As consumer preferences shift toward convenient and secure transaction methods, NFC-enabled devices are being widely adopted across various sectors, including retail, transportation, and personal electronics.
Enhanced security features offered by NFC technology, such as encryption and tokenization, have been recognized, contributing to consumer trust and acceptance. Moreover, partnerships between technology providers and financial institutions are being established, leading to greater NFC integration in smartphones and payment terminals, thereby accelerating the technology's growth within the market.
According to VMR Analyst, the rapid growth of the consumer electronics market in the Asia Pacific region is driven by several factors, including rising disposable incomes, urbanization, and a growing middle-class population. According to the World Economic Forum, the middle class in Asia Pacific is expected to grow from 2 billion people in 2020 to 3.5 billion by 2030, accounting for 65% of the world's middle class population. Increased consumer spending on innovative technologies and smart devices has been observed, as preferences shift toward enhanced connectivity and smart home solutions.
Additionally, significant investments in research and development by major electronics manufacturers are being made, facilitating technological advancements and product diversification. The proliferation of e-commerce platforms is also being recognized as a catalyst for market growth, enabling consumers to access a wide range of products conveniently and driving competition among manufacturers.
According to VMR Analyst, the dominance of North America in the consumer electronics market is supported by several key drivers, including advanced technological infrastructure, high consumer awareness, and strong purchasing power. North America, particularly the United States, has a high level of disposable income, which contributes to increased spending on consumer electronics. According to the U.S. Bureau of Economic Analysis, personal consumption expenditures on durable goods, which include consumer electronics, reached USD 2.2 Trillion in 2023, a 5.7% increase from the previous year.
The presence of leading technology companies and startups in the region has been established, fostering innovation and rapid product development. Moreover, consumer preferences for high-quality, feature-rich electronic devices are being increasingly prioritized, resulting in significant investments in product research and development. Regulatory frameworks that encourage technological advancement and protect intellectual property rights are also contributing to a favorable business environment, thus enhancing the market's competitive landscape in North America.
The Consumer Electronic Market's competitive landscape is characterized by a varied range of companies, including technology developers, plant operators, and service providers, all striving for market share in an increasingly dynamic and growing industry.
Some of the prominent players operating in the consumer electronic market include:
Apple, Inc.
Dell
Fujitsu
Hitachi Ltd.
HP, Inc.
LG Electronics, Inc.
Panasonic Corporation
Samsung Electronics Co. Ltd
Sony Corporation
Toshiba Corporation
Recent Developments
In 2023, Samsung, Launched the Galaxy Z Fold 4 and Z Flip 4 foldable smartphones, featuring significant improvements over their predecessors. The Z Fold 4 boasts a larger under-display display with a less noticeable crease, a more powerful processor, and an improved hinge mechanism. The Z Flip 4 offers a more compact design, a larger cover display, and upgraded camera capabilities.
In August 2020, Samsung launched an AI-powered washing machine, which will allow users to customize their clothing washing cycles. This is intended to expand the company's advanced home appliance portfolio.
In July 2020, LG Electronics released the LG Ultra Gear 27-inch gaming monitor. It is the first 4KIPS 1-millisecond grey-to-grey gaming monitor in the world.