The global consumer electronics market has witnessed rapid strides over the years. The market boasts of rapid expansion and is home to a wide array of products ranging from TVs, telecom equipments, home appliances, audio and video products and others. With the advent of globalization, the sales of consumer electronics products have risen, fostered by the diffusion of global boundaries. According to RNCOS latest report, Global Consumer Electronics Market Outlook 2015, the global consumer electronics market is expected to grow at a CAGR of more than 10% during 2012-2015. The propelling global consumer electronics market is backed by factors like…

The global consumer electronics market is home to many consumer electronics countries, which have been successful in establishing themselves as consumer electronics giants. According to our new report, Global Consumer Electronics Market Outlook 2015, China is expected to become a leader in the global consumer electronics market, with its sales surpassing that of US by 2014. China is expected to dominate the market in the coming years on account of various factors supporting its growth. The flourishing Chinese consumer electronics market has been backed by favorable demand, rapid technological development, and strong government support. The government has supported the market…