Consumer Electronics Report 2019 - TV, Radio and Multimedia

The TV, Radio and Multimedia segment report covers devices such as televisions, stereo and smart speakers, digital cameras, headphones and radios. In general, revenue accruing from the segment is forecast to increase by approximately US$29 billion between 2018 and 2023, and this predicted year-on-year growth is largely driven by televisions and smart devices, like smart speakers.

Although revenues in the segment are now growing, between 2012 and 2018, it experienced a slight decline with an annual growth rate of -0.8%. In 2018, the TV, Radio and Multimedia segment accounted for 24% of the Consumer Electronics market revenue and 28% of volume sales.