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Global Portable Electronics Market Opportunities and Forecast 2023-2030
Global Portable Electronics Market, By Product (Smartphone, Personal Digital Assistant (PDA), Notebook/Laptop, Media Players, Gaming Consoles, Digital Camera, Navigation Systems, Power Banks, Flash Drives, Healthcare devices, Others), By End-User (Industrial, Commercial, Residential, Medical, Others), and opportunities and forecast 2023-2030
Portable Electronics Market Overview
Portable electronics are light in weight, small in size, due to the presence of microprocessors. Portable electronics such as smartphones, personal digital assistants, laptops, media players, gaming consoles, digital cameras, navigation systems, power banks, flash drives, healthcare devices, and others are handheld devices and they are used on daily basis. The global Portable Electronics market is expected to witness strong growth in the forecast period.
Portability is one of the fine features that has made electronic devices so easy to handle and carry around. Portable electronics have combined numerous functions into them due to constant developments in technology. In addition, several factors such as the increasing need for portability features, penetration of smartphones, and increased disposable income or buying power are contributing more to the market’s development in the near future. Further, owing to numerous new technological developments, the electronic industry has grown significantly in the last few years. Hence, technological progression and declining prices of electronics devices are also anticipated to escalate the growth of the global Portable Electronics market in the forthcoming years.
On the downside, digital convergence is limiting the market’s growth at the global level. The increasing adoption of tablets has led to a decline in sales of traditional desktop PCs and laptops are the main challenge for the portable electronics market in the near future.
Covid-19 Impact on Portable Electronics Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Portable Electronics Market Segment Overview
According to the product, the Smartphone segment has led the portable electronics market in 2019 and is projected to keep its dominance throughout the forecast period. The smartphone market is dominated by three main operating platforms such as iOS, Android, and Windows. The availability of cost-effective and multi-functional devices is anticipated to propel the growth of the market. In addition, the smartphone market is primarily driven by government initiatives in developing countries and strong demand in the Asia-Pacific region owing to the emergence of cost-effective Chinese manufacturers such as Huawei and Xiaomi. Furthermore, the introduction of innovative technics and smarter tablets with extensive input abilities are provided various growth opportunities in the market.
Portable Electronics Market, By Product · Smartphone · Personal Digital Assistant (PDA) · Notebook/Laptop · Media Players · Gaming Consoles · Digital Camera · Navigation Systems · Power Banks · Flash Drives · Healthcare devices · Others
Portable Electronics Market, By End-User · Industrial · Commercial · Residential · Medical · Others
Portable Electronics Market Regional Overview
Geographically, North America commanded major share of the global Portable Electronics market and is predictable to maintain its supremacy over forecast period. This is due to the presence of major market players, technological progressions, and growing demand for digitization in this region. In addition, countries such as the U.S. and Canada are major countries in the regional market due to the rising demand for digital technologies and well-established infrastructure, which allows the implementation of advanced technologies. Similarly, the market in the Asia Pacific is anticipated to grow at a large level during the forecast period. This is because of the growing electronics industry and rising population in this region. Developing countries such as China and India are the leading contributor to regional market growth. In addition, China is the manufacturing hub for portable electronic devices. Growing investments by key players in research and development activities for the introduction of advanced portable electronics products are expected to create lots of greater opportunities for the market’s development in this region in coming years.
Portable Electronics Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Portable Electronics Market, Key Players
· Apple, Inc. · Dell, Inc. · Samsung Electronics Co., Ltd. · Sony Corporation · Toshiba Corporation · HP · Nokia Corporation · Motorola Solutions, Inc. · Eastman Kodak Company · Palm, Inc. · Asus · BlackBerry · Canon · Google Inc · Hewlett-Packard · HTC Corporation · Huawei Technologies · Lenovo · Micromax Mobile · LG Electronics · Panasonics · Seagate Technology · ZTE
Portable Electronics Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Portable Electronics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product
5.2.1. Smartphone
5.2.2. Personal Digital Assistant (PDA)
5.2.3. Notebook/Laptop
5.2.4. Media Players
5.2.5. Gaming Consoles
5.2.6. Digital Camera
5.2.7. Navigation Systems
5.2.8. Power Banks
5.2.9. Flash Drives
5.2.10. Healthcare devices
5.2.11. Others
5.3. Market Analysis, Insights and Forecast – By End-User
5.3.1. Industrial
5.3.2. Commercial
5.3.3. Residential
5.3.4. Medical
5.3.5. Others
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Portable Electronics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product
6.2.1. Smartphone
6.2.2. Personal Digital Assistant (PDA)
6.2.3. Notebook/Laptop
6.2.4. Media Players
6.2.5. Gaming Consoles
6.2.6. Digital Camera
6.2.7. Navigation Systems
6.2.8. Power Banks
6.2.9. Flash Drives
6.2.10. Healthcare devices
6.2.11. Others
6.3. Market Analysis, Insights and Forecast – By End-User
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Residential
6.3.4. Medical
6.3.5. Others
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Portable Electronics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product
7.2.1. Smartphone
7.2.2. Personal Digital Assistant (PDA)
7.2.3. Notebook/Laptop
7.2.4. Media Players
7.2.5. Gaming Consoles
7.2.6. Digital Camera
7.2.7. Navigation Systems
7.2.8. Power Banks
7.2.9. Flash Drives
7.2.10. Healthcare devices
7.2.11. Others
7.3. Market Analysis, Insights and Forecast – By End-User
7.3.1. Industrial
7.3.2. Commercial
7.3.3. Residential
7.3.4. Medical
7.3.5. Others
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Portable Electronics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Product
8.2.1. Smartphone
8.2.2. Personal Digital Assistant (PDA)
8.2.3. Notebook/Laptop
8.2.4. Media Players
8.2.5. Gaming Consoles
8.2.6. Digital Camera
8.2.7. Navigation Systems
8.2.8. Power Banks
8.2.9. Flash Drives
8.2.10. Healthcare devices
8.2.11. Others
8.3. Market Analysis, Insights and Forecast – By End-User
8.3.1. Industrial
8.3.2. Commercial
8.3.3. Residential
8.3.4. Medical
8.3.5. Others
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Portable Electronics Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Product
9.2.1. Smartphone
9.2.2. Personal Digital Assistant (PDA)
9.2.3. Notebook/Laptop
9.2.4. Media Players
9.2.5. Gaming Consoles
9.2.6. Digital Camera
9.2.7. Navigation Systems
9.2.8. Power Banks
9.2.9. Flash Drives
9.2.10. Healthcare devices
9.2.11. Others
9.3. Market Analysis, Insights and Forecast – By End-User
9.3.1. Industrial
9.3.2. Commercial
9.3.3. Residential
9.3.4. Medical
9.3.5. Others
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Apple, Inc.
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Dell, Inc.
10.6. Samsung Electronics Co., Ltd.
10.7. Sony Corporation
10.8. Toshiba Corporation
10.9. HP
10.10. Nokia Corporation
10.11. Motorola Solutions, Inc.
10.12. Eastman Kodak Company
10.13. Palm, Inc.
10.14. Asus
10.15. BlackBerry
10.16. Canon
10.17. Google Inc
10.18. Hewlett-Packard
10.19. HTC Corporation
10.20. Huawei Technologies
10.21. Lenovo
10.22. Micromax Mobile
10.23. LG Electronics
10.24. Panasonics
10.25. Seagate Technology
List of Figures
Figure 1: Global Portable Electronics Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Portable Electronics Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Portable Electronics Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Portable Electronics Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Portable Electronics Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Portable Electronics Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Portable Electronics Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Portable Electronics Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Portable Electronics Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Portable Electronics Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Portable Electronics Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Portable Electronics Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Portable Electronics Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Portable Electronics Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Portable Electronics Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Portable Electronics Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Portable Electronics Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Portable Electronics Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Portable Electronics Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Portable Electronics Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Portable Electronics Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Portable Electronics Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Portable Electronics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Portable Electronics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Portable Electronics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Portable Electronics Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Portable Electronics Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Portable Electronics Market Revenue (USD Billion) Forecast, by Country, 2016-2027