Forecast: Consumer Electronics Number of Persons Employed in Switzerland

In 2023, the consumer electronics sector in Switzerland employed 720 individuals. Starting in 2024, forecasts indicate a continual growth trend, with the number of employed persons expected to rise steadily from 745 in 2024 to 853 by 2028, reflecting a consistent increase year-on-year. From 2025 to 2026, there is a forecasted 3.5% growth, while from 2026 to 2027, it is 3.3%, and from 2027 to 2028, it slightly drops to 3.3% as well. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is anticipated to be 3.6%.

Future trends to watch for in the consumer electronics sector include:

  • Emergence and adoption of innovative technologies such as AI and IoT.
  • Increasing importance of sustainability and eco-friendly products.
  • Shifts in consumer preferences towards high-quality and multifunctional devices.
  • Expansion of e-commerce platforms, increasing accessibility and market reach.

Top Countries about Consumer Electronics