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German consumer electronics market grows in 2017

August 29, 2017 21.37 Europe/London By Jörn Krieger

The market for traditional consumer electronics is growing in Germany this year.

The total turnover with devices such as TV sets, digital cameras, audio devices or games consoles is expected to rise in 2017 by 2.6% to €9.44 billion, according to a market prognosis compiled by research company GfK on behalf of industry association Bitkom.

TV sets remain the most important segment of traditional consumer electronics taking a share of 44% of the total turnover.

More than 7 million TV sets are expected to be sold this year (+2.4%) with turnover increasing by 4.3% to €4.18 billion. In total, buyers spend €595 on a flat-screen TV set, in 2015 it was only €578.

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Filed Under: Newsline, Research Tagged With: BITKOM, consumer electronics, GfK, turnover, TV sets Edited: 29 August 2017 21:37

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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