TV, Radio & Multimedia Report 2020

Statista Consumer Market Outlook - Segment Report

TV, Radio & Multimedia Report 2020 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 2019, the worldwide revenue of the segment amounted to US$243 billion.


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

DescriptionContentTables

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$34 billion between 2019 and 2025, 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 2019, it experienced a slight decline with an annual growth rate of -0.4%. In 2019, the TV, Radio and Multimedia segment accounted for 24% of the Consumer Electronics market revenue and 29% of volume sales.

  • Language: English
  • Released: January 2021
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