Consumer Electronics Report 2019 - Telephony

Statista Consumer Market Outlook - Segment Report

Consumer Electronics Report 2019 - Telephony The telephony segment covers both mobile and landline phones. The worldwide revenue of US$474 billion in 2018 is expected to increase to US$546 billion by 2023.



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

DescriptionContentTables

The Consumer Electronics market is subject to constant challenges, innovations and transformations. The exceptional growth it experienced in the past decade has come to an end. This is due to the saturation in the market for telephony but first and foremost it is an effect of the declining market for TV, Radio and Multimedia.
The market launch of Apple’s iPhone in 2007 led telecommunications into a new era. Smartphones have become a symbol of mobile internet access. They triggered a wave of innovations in the past decade, which has reached telecommunication providers, software companies, computer manufacturers, raw material suppliers and especially social networks and is still keeping them busy up until today.
The segment Telephony accounted for 48% of the worldwide Consumer Electronics' revenue and 22% of the volume sales in 2018. In 2018, Telephony sales increased by 4.8%, in comparison to 2017 and reached US$474 billion and 1.6 billion pieces. Many consumers in Europe and the USA own high-performance smartphones, while the number of competitors in the market has increased significantly.

  • Language: English
  • Released: April 2019
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