TV, Radio & Multimedia: market data & analysis

Market Insights report

TV, Radio & Multimedia: market data & analysis

The rise and adoption of smart devices, like smart speakers, promises to drive the growth of the TV, Radio and Multimedia segment in the next few years. The segment consists of devices such as smart speakers, televisions, and headphones, with which consumers entertain themselves. In 2022, the worldwide revenue of the segment amounted to US$180 billion.

What's included?

  • Segment Overview TV, Radio and Multimedia
  • Market KPI comparison: Revenue and growth rate
  • Regional comparison, including revenue per capita

Table of contents

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$39 billion between 2022 and 2028, and this predicted year-on-year growth is largely driven by smart devices, like smart speakers.

Although revenues in the segment are now growing, in 2022, it experienced a slight decline with an annual growth rate of -2.2%. In 2022, the TV, Radio and Multimedia segment accounted for 18% of the Consumer Electronics market revenue and 27% of volume sales.

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