The Consumer Electronics Market in Ireland has shown strong growth over the last decade, culminating in a market size of 705.64 million Euros in 2023. Despite significant year-on-year fluctuations, the overall trend has been sharply upward, with a five-year compound annual growth rate (CAGR) of 9.95%. The market has matured, as reflected by the recent 8.22% growth between 2022 and 2023. The initial decade showed less stability with several dramatic increases but has now settled into a pattern of steady expansion.
Future trends to watch for include:
- Continued digital transformation and adoption of smart home devices.
- Growth in demand for sustainable electronics and eco-friendly products.
- Expansion in electronic wearables and health monitoring devices driven by consumer health consciousness.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,644,000,000 | 2023 | +0.43% | +0.45% | View data |
| 2 | 2 United Kingdom | 7,970,200,000 | 2023 | +0.29% | -0.027% | View data |
| 3 | 3 France | 5,458,600,000 | 2023 | -1.46% | -2.6% | View data |
| 4 | 4 Spain | 2,983,200,000 | 2023 | +1.11% | +0.77% | View data |
| 5 | 5 Portugal | 1,774,300,000 | 2023 | +4.56% | +3.87% | View data |
| 6 | 6 Sweden | 973,190,000 | 2023 | -1.05% | +0.27% | View data |
| 7 | 7 Finland | 864,590,000 | 2023 | +0.71% | +2.33% | View data |
| 8 | 8 Ireland | 705,640,000 | 2023 | +8.22% | +9.95% | |
| 9 | 9 Denmark | 628,330,000 | 2023 | -3.12% | -0.52% | View data |
| 10 | 10 Croatia | 211,100,000 | 2023 | +0.69% | +0.73% | View data |