Consumer spending worldwide on televisions and TV peripheral devices will buck the overall trend that will see a contraction in CE expenditures by $5.3 billion in 2024, according to newly released data from Stocklytics.com.
While overall spending on consumer electronics will fall 0.5% this year, consumers are expected to spend $4.6 billion more year-over-year in 2024 on TVs, radios and multimedia devices, such as digital cameras, headphones and speakers, reaching a total of $195.1 billion, the forecast said.
