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Consumer reports best key finder7/11/2023 ![]() dollars, Amazon has quickly become one of the world’s largest retailers. With net sales revenues in the hundreds of billions of U.S. The smartphones bring in the largest revenue from consumer electronic sales worldwide. As technology advances and new devices such as smart wearables and virtual reality devices have entered the market, the consumer electronics industry has continued to grow. In recent years, the market, once dominated by household radios and television sets, has branched out into a massive range of different offerings. Online sales of consumer electronics are growing, but as online retailers such as Amazon begin to offer a wider range of products such as groceries, consumer electronics devices are making up a smaller and smaller portion of total ecommerce sales. In 2020 Amazon still remains as the leading consumer electronics retailer in the United States, generating sales revenues in excess of 68 billion U.S.
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