Canada Consumer Electronics Market Size & Outlook
Canada consumer electronics market, 2018-2030 (US$M)
Related Markets
Canada consumer electronics market highlights
- The Canada consumer electronics market generated a revenue of USD 35,243.5 million in 2023 and is expected to reach USD 43,610.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.1% 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 35,243.5 million |
| Market revenue in 2030 | USD 43,610.6 million |
| Growth rate | 3.1% (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, Canada accounted for 3.1% 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 North America, U.S. consumer electronics market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 262,643.5 million by 2030.
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Consumer Electronics Market Scope
Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 51.28% in 2023. Horizon Databook has segmented the Canada 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.
Continued innovations, aggressive investments, and various R&D initiatives being pursued by emerging players in the market are opening new opportunities for the growth of the Canadian consumer electronics market. For instance, in June 2023, Samsung Electronics Co., Ltd. announced the opening of two new retail stores in Canada at Bramalea City Centre Mall (Brampton) and Square One Shopping Centre (Mississauga).
The new stores will allow Canadians to buy in-store or order ahead of time, along with taking advantage of an endless aisle shopping experience to select and browse any product from Samsung’s extensive portfolio of smartphones, monitors, TVs, appliances, and other consumer electronics.
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Our clientele includes a mix of consumer electronics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into Canada consumer electronics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada consumer electronics market size, by product, 2018-2030 (US$M)
Canada Consumer Electronics Market Outlook Share, 2023 & 2030 (US$M)
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