Spain’s consumer electronics industry is on a steady growth trajectory with revenue reaching $11.4 billion in 2024. Despite a turbulent few years, the industry is still expected to experience an annual growth rate of 0.67% from 2024 to 2028. Modest growth is still better than no growth at all. The reliable performer in the sector in Spain's consumer electronics market is computing, which boasts a substantial market volume of $4.1 billion in 2024. This segment’s dominance is indicative of the increasing reliance on digital devices for both personal and professional use. Per capita, Spain generates $240.60 in revenue in 2024, reflecting the significant role consumer electronics play in the daily lives of Spaniards. The online sales channel is expected to contribute 37.2% of the total revenue by 2024, signifying the shift towards e-commerce and the growing preference for online shopping among consumers. The market volume is projected to reach 82.7 million pieces by 2028, with an anticipated volume growth of 0.6% in 2025. On average, each person in Spain is expected to own 1.7 pieces of consumer electronics in 2024. This surge in ownership is largely driven by the increasing demand for smart home devices and wearable technology. In 2022, the consumer electronics market faced a minor contraction due to market saturation of smartphones, an economic slowdown, rising inflation rates, and increased energy prices. Overall, the global consumer electronics market generated $987 billion in revenue in 2022, marking a 4.4% decline from the previous year. As the market evolves, competition is intensifying, with both established and emerging players vying for consumer attention. The future of Spain’s consumer electronics market looks promising. As manufacturers and retailers continue to introduce new and upgraded devices, the industry is set to thrive.