CEA reported that the consumer electronics market has rebounded from 2009 and would see continued growth in 2011. Global consumer electronics revenues were $873 billion worldwide in 2010, and are expected to reach $964 billion — possibly even one trillion — in 2011.
Also reported:
— North America had 10% annual growth in CE revenues, and most regions of the world also experienced growth this year.
— The BRIC nations are catching up with developed nations, and soon the developed world will follow the BRIC nations in CE sales.
— LCDs made up about 80% of set sales in North America, and that figure is expected to grow to 90% in 2011.
— Blu-ray had 23 million in unit sales in 2010, with 30 million projected for 2011. North America lead Blu-ray sales with 15 million units sold.
2011 Global CE Sales and Forecast: Click to access the PDF presentation from CEA including trends impacting global growth, regional analysis, product category breakdowns, and more.
CEA’s CES 2011 Trends to Watch: Click to view presentation by CEA’s Shawn Dubravac (chief economist and director of research) and Ben Arnold (senior research analyst).