The electronics, consumer and corporate sector is a cornerstone of the global economy, driving innovation and technological advancement across industries. This dynamic sector includes consumer electronics like smartphones, laptops, and wearables, as well as corporate solutions such as networking equipment, industrial electronics, and automation tools. In 2024, the global electronics market was valued at approximately $3.3 trillion, contributing around 3.7% of the global GDP, and employing over 18 million professionals, including engineers, designers, and manufacturing workers.Â
With a projected CAGR of 7.2%, the sector is expected to surpass $4.7 trillion by 2030, fueled by advancements in artificial intelligence, the Internet of Things (IoT), 5G technology, and green electronics. Leading players include China, dominating manufacturing and exports; the United States, home to global innovators like Apple and Intel; and South Korea, known for Samsung and LG. This sector continues to shape the modern world, enabling progress across economies
For Unlimited Resources