Market reports forecast growth in consumer goods and cognitive training sectors

New market research reports from Data Bridge Market Research highlight significant growth in the technical consumer goods and cognitive assessment sectors.

The global Technical Consumer Goods (TCG) market was valued at USD 1.58 billion in 2024 and is projected to reach USD 2.20 billion by 2032, representing a CAGR of 4.20%. The smartphone segment currently dominates the market, driven by demand for AI capabilities and high-speed processors, while smart wearables are seeing rapid growth due to fitness and health monitoring trends.

Separately, the Cognitive Assessment and Training market is expected to see much more aggressive expansion. Valued at USD 6.87 billion in 2024, the market is forecasted to reach USD 35.30 billion by 2032, with a CAGR of 22.70%. This growth is attributed to rising demand for digital brain health solutions, encompassing biometric assessments, data management, and various training services.