India Consumer Electronics and Appliances Market to Grow with a CAGR of 12.78% During the Forecast Period
Rising innovation in the day-to-day consumer-based electronic products and increasing purchasing power are driving the India Consumer electronics and appliances market growth in the forecast period, 2023F–2027F. According to TechSci Research report, “ India Consumer Electronics and Appliances Market - Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027F” The India consumer electronics and appliances market would potentially project impressive growth in the forecast period, 2023F–2027F, with an impressive CAGR of 12.78% on account of rapidly surging demand from the residential sector. Consumer electronics encompasses a wide range of electronic devices that serve one or more purposes in the home or for a specific individual. Initially, the term referred to electrical devices that could only be found or used within a home or residence. Consumer electronics include mobile and computing devices that can be readily taken outside the home, such as a cell phone