Compared to the last month, the consumer electronics industry remains steady, with some new developments coming to light this month. This report leverages online traffic as a pivotal metric to gauge popularity, offering insights into global and regional buyer interests within the consumer electronics industry. By examining the month-over-month changes in popularity from April 2024 to May 2024, this analysis unveils the latest buyers’ trends, highlighting shifts in consumer electronics purchasing patterns worldwide and across specific regions such as the United States & Mexico, Europe, and Southeast Asia.
Table of Contents
Global Overview
US and Mexico
Europe
Southeast Asia
Conclusion
Global Overview
Globally Popular Categories
The scatter chart below provides a detailed view of two key aspects of global primary category groups (similar charts are available below for regional views as well):
- Popularity index changes month-over-month: This is shown on the x-axis, with the timeframe ranging from April 2024 to May 2024. Positive values indicate an increase in popularity, while negative values indicate a decrease.
- Popularity index of May 2024: This is represented on the y-axis. Higher values indicate greater popularity .
Online traffic for Other Consumer Electronics, Blockchain Miners, and Used Electronics have surged recently. Among these categories, Used Electronics also enjoyed relative high popularity this month. According to Global Market Insights, the Used Electronics market was valued at USD 222 billion in 2023, and is anticipated to register a CAGR of over 3.8% between 2024 and 2032. This is driven by the rapid pace of technological innovation, and promoting consumers to sell or trade their used electronics for frequent upgrades. The Used Electronics typically attract price-sensitive consumers seeking cost-effective options.
Mobile Phone & Accessories continue to reign supreme in terms of online traffic with a strong MoM growth rate. As noted in the Feb report, this enduring popularity can be summarized by several key factors: smart phones serve as an essential part of daily life, smartphones are constantly evolving with innovative features, and the mobile phone accessory market is expanding.
Globally Hot Products Selection
For Mobile Phone & Accessories, here’s a closer look at some hot products within this high popularity and fast-growing category:
Custom New Design Original Premium Phone Card Holder Case Leather Safes Wallet For Iphone 14 13 Pro Max 12 11
Luxury electroplate Magnetic Charging Transparent Phone Case For iPhone 15 14 plus 13 12 Pro max Protect Cover For Samsung S24
US and Mexico
Popular Categories in US and Mexico
Compared to the global trends, the popularity of the US and Mexico consumer electronics decreased slightly in May 2024, though we saw healthy increases in Used Electronics, Other Consumer Electronics, and Portable Audio, Video & Accessories.
The popularity of Computer Hardware & Softwaredecreased by 16% in the US and Mexico. This could simply because the market is cooling down following last months’ surge, as overall popularity in 2024 has remained steady.
Hot Products Selection in US and Mexico
Here’s a closer look at some hot products within the Portable Audio, Video & Accessories category:
RD-307BTS manufacture multi band rechargeable best selling radio with usb tf torch light solar panel and wireless link
Newly Upgraded Digital Voice Recorder with Long Time Recording Audio Format MP3 Wav Rec Clip-on Voice Activated Recorder
Europe
Popular Categories in Europe
The popular and/or fast-growing categories in Europe are similar to the global trends. In addition, the Chargers, Batteries & Power Supplies had a strong MoM increase of 7%. The popularity of this category bounced back from a temporary dip in demand in April.
Hot Products Selection in Europe
Here are some great Chargers, Batteries & Power Supplies on the market:
Magnetic Foldable Wireless Charger 3 In 1 Folding For iWatch Airpods For IPhone 15/14/13/12 Pro Max Fast Charging Dock Station
3 in 1 Wireless Charger iLEPO iw30 OEM Magnetic Foldable Charging Station Travel Charger For iphone charger power Adapter QI 2
Southeast Asia
Popular Categories in Southeast Asia
Compared to other regions, Mobile Phone & Computer Repair Parts had a strong MoM increase in Southeast Asia (+7%). There are several possible reasons:
- Focus on Repair over Replacement: Economic factors might play a role. Repairing devices might be more cost-effective than buying new ones in Southeast Asia compared to other regions.
- Easy access to the repair service: The accessibility of repair services and parts offline/online might be fueling a repair trend.
Hot Products Selection in Southeast Asia
Here’s a closer look at some hot accessories for the Mobile Phone & Computer Repair Parts :
USB Charging Port Connector For LG K41S K51 K51S K52 K42 K52 K61 K50 K22 K92 Q60 V30 Jack Charger Port Sock Type-C Port Tail
Replacement Charging Port Connector For Xiaomi Mi 12 11T 11 10 9T 9 8 Lite Se A3 A2 A1 Wholesale Mobile Phone Parts
Conclusion
Overall, the consumer electronics industry is a dynamic landscape where established players like Mobile Phone & Accessories coexist with exciting new trends in Other Consumer Electronics, Blockchain Miners, and Used Electronics. This report highlights the importance of staying informed about these emerging trends to capitalize on new opportunities within this ever-evolving market.
