D2C Brands Keeping India’s Consumer Electronics Segment Electrically Charged
Consumers in India and the world over have become extremely tech-savvy and they almost completely rely on technology for their day-to-day chores. The global consumer electronics industry is projected to show considerable growth over the forecast period 2019-2025, courtesy a surging demand for products such as televisions, smartphones, and wearable devices. Also, rising disposable income coupled with increasing adoption of smart devices, technological advancements and increasing penetration of internet of things (IoT) are giving a push to the growth of the consumer electronic market.
A multibillion-dollar industry, consumer electronics is steadily developing with technological integration, adding new product lines towards the changing lifestyles of consumers. The continuous advancement in the segment and also the adoption of these technologies in their lifestyle by the consumers has made this market extremely lucrative as also…
