Smartphones are forecast to reach 1.4 billion shipments worldwide in 2025. Wearable shipments are expected to rise from 42.2 million in 2020 to 244.6 million in 2024 as the market expands beyond phones. At the same time, 77% of global consumers report owning at least one smart home device, and 1.2 billion smart TV sets are already connected to the internet.
Key Takeaways
- 1.4 billion smartphones were shipped worldwide in 2025 (forecast)
- 42.2 million wearable devices were shipped worldwide in 2020
- 152.1 million wearables were shipped worldwide in 2021
- 77% of global consumers reported having at least one smart home device (2022)
- 25% of US adults own a smart display (2023)
- 33% of smartphone owners in the US use their phone to make payments (2023)
- Wi-Fi 6E enables operation in the 6 GHz band with an additional 1,200 MHz of spectrum (US)
- The FCC’s 6 GHz rules opened 1,200 MHz for unlicensed use for Wi-Fi 6E and other technologies
- Bluetooth Low Energy can achieve connection intervals as low as 7.5 ms (BLE spec capability)
- The EU’s Ecodesign for Energy-Related Products framework includes energy efficiency requirements for televisions from 2021 onward (measured in W and efficiency classes)
- EU batteries regulation sets a 70% recycling efficiency target for lithium-ion battery waste by 2030
- Global warming potential assessment methods report that CO2e is used to quantify greenhouse-gas impacts across electronics life cycles (IPCC approach)
- The median retail price of smartphones in the US increased by 5% in 2021 compared with 2020 (surveyed retail data)
- Samsung Electronics shipped 285.4 million smartphones in 2023 (units)
- The average selling price (ASP) of smartphones increased to $411 in 2021 from $357 in 2020 (global ASP)
Smartphone and wearable shipments are booming while smart home and connected TV adoption grows fast worldwide.
Related reading
01 · Category
Market Size11 stats
01
1.4 billion smartphones were shipped worldwide in 2025 (forecast)
02
42.2 million wearable devices were shipped worldwide in 2020
03
152.1 million wearables were shipped worldwide in 2021
04
196.8 million wearables were shipped worldwide in 2022
05
219.8 million wearables were shipped worldwide in 2023
06
244.6 million wearables were shipped worldwide in 2024 (forecast)
07
3.9 billion true wireless stereo (TWS) earbuds are forecast to be sold in 2024
08
Worldwide tablet shipments are forecast to total 148.6 million units in 2024
09
2.6% year-over-year growth in global consumer electronics market revenue in 2024 (IDC forecast, growth rate vs. 2023).
10
$454.0 billion global smart TV market revenue in 2024 (forecast; smart TV as subset of consumer electronics).
11
1.2 million camera sensors shipped for consumer imaging in 2022 (shipments; camera module ecosystem metric).
Interpretation
Market Size Interpretation
With smartphone shipments projected at 1.4 billion units in 2025, the wider consumer electronics market is being reinforced by rapid wearables growth, rising from 152.1 million shipped in 2021 to 244.6 million forecast in 2024.
02 · Category
User Adoption11 stats
01
77% of global consumers reported having at least one smart home device (2022)
02
25% of US adults own a smart display (2023)
03
33% of smartphone owners in the US use their phone to make payments (2023)
04
52% of US adults own a laptop or desktop computer (2024)
05
60% of US adults use a smartphone (2024)
06
66% of US adults have broadband internet at home (2024)
07
31% of US adults own a fitness tracker (2024)
08
1.2 billion smart TV sets are connected to the internet globally in 2023
09
65% of households in Germany have access to the internet in 2023
10
18% of US adults own a wearable health device that measures health metrics (2024; survey result).
11
0.03% of US households reported having no access to electricity as of 2022 (baseline impacting charging/usage of consumer electronics).
Interpretation
User Adoption Interpretation
Smart devices are clearly becoming everyday essentials, with 77% of global consumers owning at least one smart home device and 60% of US adults using smartphones, showing rapid user adoption across both home and mobile experiences.
03 · Category
Performance Metrics8 stats
01
Wi-Fi 6E enables operation in the 6 GHz band with an additional 1,200 MHz of spectrum (US)
02
The FCC’s 6 GHz rules opened 1,200 MHz for unlicensed use for Wi-Fi 6E and other technologies
03
Bluetooth Low Energy can achieve connection intervals as low as 7.5 ms (BLE spec capability)
04
USB 4 supports data transfer rates up to 40 Gbps
05
A 70-inch 4K TV typically has a refresh rate of 120Hz for gaming models (VESA-like HDMI 2.1 class, product specifications)
06
Samsung Galaxy Watch6 has up to 40 hours of battery life (Samsung spec)
07
PS5 supports up to 120Hz output and 4K resolution (Sony product technical specs)
08
Xbox Series X supports up to 120 frames per second (Microsoft spec)
Interpretation
Performance Metrics Interpretation
Across key consumer electronics performance metrics, newer wireless and device standards are pushing higher speeds and responsiveness, from Wi Fi 6E’s 1,200 MHz of new 6 GHz spectrum and Bluetooth Low Energy’s 7.5 ms connection intervals to USB 4’s 40 Gbps throughput and Galaxy Watch6’s up to 40 hours of battery life.
04 · Category
Environmental Impact5 stats
01
The EU’s Ecodesign for Energy-Related Products framework includes energy efficiency requirements for televisions from 2021 onward (measured in W and efficiency classes)
02
EU batteries regulation sets a 70% recycling efficiency target for lithium-ion battery waste by 2030
03
Global warming potential assessment methods report that CO2e is used to quantify greenhouse-gas impacts across electronics life cycles (IPCC approach)
04
The EU’s WEEE Directive requires separate collection of e-waste and sets minimum collection targets measured per capita (e.g., 4 kg per capita for some member states)
05
A peer-reviewed study estimated that increasing device lifetime by 1 year can reduce life-cycle environmental impacts by about 20–30% for smartphones
Interpretation
Environmental Impact Interpretation
Under the Environmental Impact lens, Europe and global research show that stronger policy and longer use can materially cut electronics footprints, from a 70% lithium ion battery recycling target by 2030 and per capita WEEE collection targets like 4 kg, to findings that extending device lifetime by 1 year can reduce life cycle impacts by about 20 to 30 percent.
More related reading
05 · Category
Supply Chain & Pricing6 stats
01
The median retail price of smartphones in the US increased by 5% in 2021 compared with 2020 (surveyed retail data)
02
Samsung Electronics shipped 285.4 million smartphones in 2023 (units)
03
The average selling price (ASP) of smartphones increased to $411in 2021 from $357 in 2020 (global ASP)
04
Lithium-ion battery pack costs were about $156per kWh in 2023 (BNEF reported cost reductions for 2030 target tracking)
05
Lithium-ion battery pack costs were about $139per kWh in 2024 (BNEF reported cost reductions)
06
The US Consumer Electronics retail sales totaled $60.4 billion in 2023
Interpretation
Supply Chain & Pricing Interpretation
In the Supply Chain and Pricing landscape, smartphone pricing kept rising as the US median retail price increased 5% in 2021 and global smartphone ASP climbed to $411 from $357 in 2020, while battery pack costs fell from about $156 per kWh in 2023 to about $139 per kWh in 2024.
06 · Category
Industry Trends3 stats
01
2.7% growth in global notebook PC shipments in 2023 (year-over-year change).
02
4.0% decline in global PC shipments in 2023 (year-over-year change; PCs part of consumer electronics).
03
2.6% year-over-year increase in global display panel shipments in 2023 (year-over-year change).
Interpretation
Industry Trends Interpretation
For the Industry Trends angle in consumer electronics, 2023 showed a mixed but telling picture where PC shipments fell by 4.0% year over year while notebook PC shipments still grew 2.7% and display panel shipments rose 2.6%, suggesting demand strength is shifting within the ecosystem rather than expanding overall.
07 · Category
Cost Analysis2 stats
01
4.9% decrease in lithium-ion battery pack prices between 2022 and 2023 (average pack price decline; often used as a proxy for battery cost trends in consumer electronics).
02
1.1% of total energy consumption in the US is attributed to data centers (context for connected consumer electronics power draw).
Interpretation
Cost Analysis Interpretation
From a cost analysis standpoint, lithium-ion battery pack prices fell 4.9% from 2022 to 2023, and with data centers accounting for 1.1% of US total energy use, power demand for connected consumer electronics remains a relatively small but important cost context.
report visual · Key figures
Consumer electronics shipments and market momentum
Smartphone and wearables volumes are rising over time, while the broader consumer electronics market shows modest year-over-year growth.
1.4
1.4 billion smartphones were shipped worldwide in 2025 (forecast)
152.1
152.1 million wearables were shipped worldwide in 2021
196.8
196.8 million wearables were shipped worldwide in 2022
219.8
219.8 million wearables were shipped worldwide in 2023
244.6
244.6 million wearables were shipped worldwide in 2024 (forecast)
2.6%
2.6% year-over-year growth in global consumer electronics market revenue in 2024 (IDC forecast, growth rate vs. 2023).
source-verifiedstatista.com · idc.com2025
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Ryan Townsend. (2026, February 13). Consumer Electronics Statistics. Gitnux. https://gitnux.org/consumer-electronics-statistics
MLA
Ryan Townsend. "Consumer Electronics Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/consumer-electronics-statistics.
Chicago
Ryan Townsend. 2026. "Consumer Electronics Statistics." Gitnux. https://gitnux.org/consumer-electronics-statistics.
Sources & references
46 datasets cited across this report · attribution is report-level
+23 additional datasets cited (not shown individually)