In a Dollar1-Trillion Tech Market, STM Goods Wins by Solving One Costly Problem
Jan 21, 2026
New Delhi [India], January 21: Consumer electronics will generate well over 1 trillion dollars in revenue in 2024, according to multiple market forecasts that peg the sector at roughly 1.2 trillion dollars and growing at mid-single-digit rates through 2030. Those figures usually conjure images of flagship smartphones and glossy launch events, but much of the cost in this market is incurred after purchase, in the quiet accounting of repairs, replacements, and downtime when devices fail.
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