Despite Pandemic, Global Consumer Electronics Revenues Rose 7% in 2020
While most analysts and market intelligence firms predicted significant declines in the first months of the COVID-19 global pandemic, it seems that the global consumer electronics sector did very well, given the circumstances. According to Strategy Analytics latest report Global Consumer Electronics Market Forecasts 2014-2024, consumer electronics revenues rose 7% in 2020, reaching $358.5Bn. Home computers, tablets and games consoles led the way.