The Rise of Smart Consumer Electronics in Africa
Africa is experiencing a transformative wave in its journey towards digital development. While the continent has faced challenges such as underdeveloped digital infrastructure, a lack of accessible and affordable connectivity, a persistent digital gender gap, limited skills for digitally enabled industries, and inadequate regulatory and policy environments, the last decade has brought remarkable progress. This transformation is driven by increasing consumer demand and rapid technological advancements, propelling Africa into a new era of digital growth and innovation.
Key Highlights of Africa’s Consumer Electronics Market
In 2024, the revenue in Africa’s Consumer Electronics market is projected to reach an impressive US$70.8 billion. This market is expected to grow annually at a compound annual growth rate (CAGR) of 5.76% from 2024 to 2029. Telephony, the largest segment within this market, is anticipated to have a market volume of US$44.6 billion by the end of 2024.
The market volume is expected to reach 930.0 million pieces by 2029, with a growth rate of 9.0% in 2025. Additionally, the average volume per person in the African Consumer Electronics market is forecasted to be 9.0% in 2024.
In Nigeria and South Africa, there is a surge in demand for affordable smartphones with advanced features. This trend highlights the growing consumer appetite for smart consumer technologies, driving the market’s expansion.
The Importance of Smart Living Expo Africa
Given this rapid growth and burgeoning demand, Smart Living Expo Africa is poised to play a crucial role in showcasing the latest innovations in consumer electronics. Scheduled to take place from 17-18 May 2025 in Lagos, Nigeria, and later in South Africa, this expo aims to provide a platform for industry leaders, innovators, and consumers to connect and explore the future of smart living.
Smartphones and computing devices are among the most in-demand products on the African continent. The expo will feature cutting-edge technologies in these categories, alongside other smart consumer technologies that are transforming the way people live, work, and play.
By bringing together key stakeholders in the consumer electronics industry, Smart Living Expo Africa will facilitate knowledge sharing, networking, and business opportunities. This event is not only a showcase of the latest products but also a testament to Africa’s potential as a significant player in the global tech market.
For Attendees, Smart Living Expo Africa offers an unparalleled opportunity to experience the latest in smart consumer electronics firsthand. Whether you’re looking for the newest smartphones, innovative home appliances, or the latest in wearable technology, the expo has something for everyone. By bringing together key stakeholders in the consumer electronics industry, Smart Living Expo Africa will facilitate knowledge sharing, networking, and business opportunities. This event is not only a showcase of the latest products but also a testament to Africa’s potential as a significant player in the global smart electronics market.
Join us at Smart Living Expo Africa in Lagos, Nigeria, to witness firsthand the innovations driving Africa’s digital transformation and to be part of the exciting future of smart consumer technologies on the continent.