North America Consumer Electronics Retail Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment.
• The North American consumer electronics market had total revenues of $458.1 billion in 2022, representing a compound annual growth rate (CAGR) of 4.8% between 2017 and 2022.
• The computer hardware & software segment accounted for the market's largest proportion in 2022, with total revenues of $145.2 billion, equivalent to 31.7% of the market's overall value.
• In 2022, the consumer electronics market experienced a slight contraction due to smartphone saturation and a rebound in computing device demand. Consumer price inflation in the US in 2022 stood at 8%, according to GlobalData.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the consumer electronics retail market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in North America
• Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America consumer electronics retail market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the North America consumer electronics retail market by value in 2022?
• What will be the size of the North America consumer electronics retail market in 2027?
• What factors are affecting the strength of competition in the North America consumer electronics retail market?
• How has the market performed over the last five years?
• How large is North America’s consumer electronics retail market in relation to its regional counterparts?