Australia Consumer Electronics Market Size & Outlook
The consumer electronics market in Australia is expected to reach a projected revenue of US$ 81,510.3 million by 2030. A compound annual growth rate of 7.9% is expected of Australia consumer electronics market from 2024 to 2030.
Revenue, 2023 (US$M)
$47,862.3
Forecast, 2030 (US$M)
$81,510.3
CAGR, 2024 - 2030
7.9%
Report Coverage
Australia
Australia consumer electronics market, 2018-2030 (US$M)
Related Markets
Australia consumer electronics market highlights
- The Australia consumer electronics market generated a revenue of USD 47,862.3 million in 2023 and is expected to reach USD 81,510.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, smartphones was the largest revenue generating product in 2023.
- E-readers is the most lucrative product segment registering the fastest growth during the forecast period.
Consumer electronics market data book summary
| Market revenue in 2023 | USD 47,862.3 million |
| Market revenue in 2030 | USD 81,510.3 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Smartphones |
| Fastest growing segment | E-readers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smartphones, Tablets, Desktops, Laptops/Notebooks, Digital Cameras, Hard Disk Drives, Television, E-readers |
| Key market players worldwide | Apple Inc, Asustek Computer Inc DR, BlackBerry Ltd, Canon Inc, Dell Technologies Inc Ordinary Shares - Class C, Alphabet Inc Class A, HP Inc, HTC Corp DR, Huawei Technologies, Lenovo Group Ltd, LG Electronics Inc ADR, Motorola Solutions Inc, Nikon Corp, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Seagate Technology Holdings PLC, Sony Group Corp, Toshiba Corporation, ZTE Corp Class H |
Other key industry trends
- In terms of revenue, Australia accounted for 4.2% of the global consumer electronics market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China consumer electronics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 145,592.1 million by 2030.
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Consumer Electronics Market Scope
Consumer electronics market segmentation & scope
Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia consumer electronics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to consumer electronics market will help companies and investors design strategic landscapes.
Smartphones was the largest segment with a revenue share of 51.24% in 2023. Horizon Databook has segmented the Australia consumer electronics market based on smartphones, tablets, desktops, laptops/notebooks, digital cameras, hard disk drives, television, e-readers covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Consumer Electronics Product Outlook (Revenue, USD Million, 2018-2030)
- Smartphones
- Tablets
- Desktops
- Laptops/Notebooks
- Digital Cameras
- Hard Disk Drives
- Television
- E-readers
- Australia Consumer Electronics Sales Channel Outlook (Revenue, USD Million, 2018-2030)
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into Australia consumer electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia consumer electronics market size, by product, 2018-2030 (US$B)
Australia Consumer Electronics Market Outlook Share, 2023 & 2030 (US$M)
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