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Industry Facts

Consumer Electronics–Philippines

Revenue Of The Consumer Electronics Market In The Philippines From 2019 To 2028

Consumer electronics refers to arange of electronic devices, appliances, and gadgets designed for every day use by individuals. The market is highly diverse and encompasses various product categories such as personal computing devices, audio and video systems, mobile devices, and smart home technology. These products are developed with the aim of enhancing personal productivity, communication, and entertainment. Technological advancements, shifting consumer preferences, and agrowing desire for cost-effective, easy-to-use, and high-performance devices are some of the factors propelling the consumer electronics market.

  • 2019: 8,964.83
  • 2020: 8,967.01
  • 2021: 9,636.63
  • 2022: 9,214.97
  • 2023: 9,260.52
  • 2024: 9,253.04
  • 2025: 9,278.31
  • 2026: 9,315.09
  • 2027: 9,332.15
  • 2028: 9,356.16