{"id":35,"date":"2025-07-21T20:26:00","date_gmt":"2025-07-21T20:26:00","guid":{"rendered":"https:\/\/jemlit.com\/blog\/?p=35"},"modified":"2025-08-18T22:12:27","modified_gmt":"2025-08-18T22:12:27","slug":"consumer-electronics-spending-bitcoin-supply-comparison","status":"publish","type":"post","link":"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/","title":{"rendered":"The World Spent a Shocking $5.8 Trillion on Consumer Electronics Since 2020, Enough to Buy the Entire Bitcoin Supply Twice"},"content":{"rendered":"\n<p>Each year, consumers worldwide spend head-spinning amounts on consumer electronics, pouring <strong>hundreds of billions of dollars<\/strong> into new TVs, smartphones, PCs, tablets, and gaming gear.<\/p>\n\n\n\n<p>Even more worrying is the growing willingness of the tech-savvy population to dig even deeper into their pockets for the latest gadgets, pushing five-year spending figures to record highs.<\/p>\n\n\n\n<p>According to data presented by <a href=\"https:\/\/jemlit.com\/en\" target=\"_blank\" rel=\"noreferrer noopener\">Jemlit.com<\/a>, the world has spent an eye-watering $5.8 trillion on consumer electronics since 2020, <strong>enough to buy the entire Bitcoin supply twice<\/strong>.<\/p>\n\n\n\n<div class=\"infogram-embed\" data-id=\"35d2e53e-179d-4341-9c71-f26060559cf4\" data-type=\"interactive\" data-title=\"Five-year consumer electronics spending\"><\/div><script>!function(e,n,i,s){var d=\"InfogramEmbeds\";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,\"script\",\"infogram-async\",\"https:\/\/e.infogram.com\/js\/dist\/embed-loader-min.js\");<\/script>\n\n\n\n<h2 class=\"wp-block-heading\">More Than Half of All Spending ($2.9 Trillion) Went to Smartphones<\/h2>\n\n\n\n<p>The consumer electronics industry has been hit hard twice in the past three years, as consumers tightened their budgets amid rising costs and inflation. The gigantic $44 billion revenue drop in 2022, following the market&#8217;s peak in 2021, was the worst downturn the consumer electronics segment has ever seen. Then, just two years later, another hit, with sales plunging by $5 billion in 2024. But despite these dramatic market swings, <strong>the industry always bounces back<\/strong>, driven by consumers&#8217; willingness to dig even deeper into their pockets for the latest-gen devices.<\/p>\n\n\n\n<p><strong>In 2025, global consumer electronics spending is expected to hit a new milestone, with people spending more than $1 trillion for the first time<\/strong>. To put that into perspective, this figure is nearly equal to the entire GDP of countries like the Netherlands, Turkey, and Saudi Arabia. Even more striking, this surge will push five-year spending totals to shocking highs.<\/p>\n\n\n\n<p>According to a Jemlit analysis based on Statista data, the world has spent a shocking $5.8 trillion on consumer electronics since 2020. This figure becomes even more striking when compared to some of the world&#8217;s most valuable assets. <\/p>\n\n\n\n<p>For instance, that $5.8 trillion is enough to buy the entire Bitcoin supply twice, worth around $2.3 trillion as of last week. Also, if five-year consumer electronics spending were a country, it would rank as the world&#8217;s third-largest economy, behind the United States and China. And here&#8217;s another shocking comparison: <strong>that $5.8 trillion could buy Meta and still leave enough to acquire Tesla and Netflix, too.<\/strong><\/p>\n\n\n\n<p>As expected, smartphones had the lion&#8217;s share in global consumer spending over the past five years, accounting for $2.9 trillion, or half of the total. PCs, laptops, and tablets came next with $1.34 trillion, followed closely by TVs, radios, and multimedia devices at $1.29 trillion. Gaming equipment had a much smaller five-year bill, costing the world &#8220;only&#8221; $185 billion, while another $22 billion was spent on drones.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">$5.8 Trillion Already Spent, and Another $5.4 Trillion Coming by 2030<\/h2>\n\n\n\n<p>While many may be stunned by the $5.8 trillion spent on new devices over the past five years, <strong>the following years are set to nearly match that figure<\/strong>, with another $5.4 trillion coming to the market by 2030.<\/p>\n\n\n\n<p>According to Statista estimates, after spending a record $1 trillion on consumer electronics in 2025, people will continue to add around $30 billion to this annual bill before eventually spending a jaw-dropping $1.15 trillion on new devices in 2030.<\/p>\n\n\n\n<p>In comparison, that is 15% more than the projected total for this year and 25% more compared to annual spending just five years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each year, consumers worldwide spend head-spinning amounts on consumer electronics, pouring hundreds of billions of dollars into new TVs, smartphones, PCs, tablets, and gaming gear. Even more worrying is the growing willingness of the tech-savvy population to dig even deeper into their pockets for the latest gadgets, pushing five-year spending figures to record highs. According [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":36,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-35","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$5.8 Trillion Spent on Tech Since 2020: Double Bitcoin&#039;s Value<\/title>\n<meta name=\"description\" content=\"Global consumer electronics spending hit $5.8 trillion since 2020, enough to buy all Bitcoin twice. 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See what\u2019s driving this massive surge in tech purchases.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/\" \/>\n<meta property=\"og:site_name\" content=\"Jemlit&#039;s Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-21T20:26:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-18T22:12:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jemlit.com\/blog\/wp-content\/uploads\/2025\/08\/consumer-electronics.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"560\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jastra Kranjec\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jastra Kranjec\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/\"},\"author\":{\"name\":\"Jastra Kranjec\",\"@id\":\"https:\/\/jemlit.com\/blog\/#\/schema\/person\/6efaafda07a464456bd18740af36e6e0\"},\"headline\":\"The World Spent a Shocking $5.8 Trillion on Consumer Electronics Since 2020, Enough to Buy the Entire Bitcoin Supply Twice\",\"datePublished\":\"2025-07-21T20:26:00+00:00\",\"dateModified\":\"2025-08-18T22:12:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/\"},\"wordCount\":516,\"publisher\":{\"@id\":\"https:\/\/jemlit.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/jemlit.com\/blog\/wp-content\/uploads\/2025\/08\/consumer-electronics.jpg\",\"articleSection\":[\"Tech\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/\",\"url\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/\",\"name\":\"$5.8 Trillion Spent on Tech Since 2020: Double Bitcoin's Value\",\"isPartOf\":{\"@id\":\"https:\/\/jemlit.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/jemlit.com\/blog\/consumer-electronics-spending-bitcoin-supply-comparison\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/jemlit.com\/blog\/wp-content\/uploads\/2025\/08\/consumer-electronics.jpg\",\"datePublished\":\"2025-07-21T20:26:00+00:00\",\"dateModified\":\"2025-08-18T22:12:27+00:00\",\"description\":\"Global consumer electronics spending hit $5.8 trillion since 2020, enough to buy all Bitcoin twice. 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