Value of the consumer electronics market in Canada 2010-2014

This statistic shows the market value of the consumer electronics industry in Canada from 2010 to 2014. In 2011, the consumer electronics market in Canada amounted to approximately 6.96 billion U.S. dollars.

Consumer electronics market Canada – additional information

Products such as laptops, tablets, smartphones, music players, TVs, cameras, video recorders are some of those typically included under the umbrella of consumer electronics. In the United States, the consumer electronics market has remained fairly stable since 2011, with an annual value of around 110 billion U.S. dollars. The market value is projected to grow to 120 U.S. billion dollars in 2016 though. Best Buy, Hewlett Packard, Amazon.com and Walmart are the top four consumer electronics retailers in the U.S.

In Canada, the consumer electronics market had a value of almost six billion U.S. dollars in 2014. As shown in the statistic above, the consumer electronics market value in Canada has decreased over the years. The Canadian consumer electronics market value is expected to continue to decline, yet at a slower pace. By 2019, the consumer electronics market in Canada is projected to amount to 5.5 billion U.S. dollars. Audio and visual equipment makes up almost 90 percent of the consumer electronics market share in Canada and photographic equipment represents just over ten percent of the share. The market value of audio and visual equipment in Canada amounted to more than five billion U.S. dollars in 2014, while the photographic equipment market was worth about seven hundred million U.S. dollars.