Electronics market in Bosnia and Herzegovina
The Bosnian Electronics eCommerce market is predicted to reach US$352.3 million by 2023 and accounts for 21.7% of the total eCommerce market in Bosnia and Herzegovina. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 3.7%, resulting in a projected market volume of US$407.5 million by 2027. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Loudspeakers market in Bosnia and Herzegovina
The Bosnian Loudspeakers eCommerce market is predicted to reach US$10.3 million by 2023 and accounts for 50.6% of the Audio eCommerce market in Bosnia and Herzegovina. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be -2.4%, resulting in a projected market volume of US$9.4 million by 2027. The Loudspeakers eCommerce market is a sub-market of the Audio market. Further categories within the Audio market are: Headphones, Hifi Equipment, and Other Audio.
eCommerce revenue development in the Loudspeakers market in Bosnia and Herzegovina
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Loudspeakers market in Bosnia and Herzegovina
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 72.1 | 25.9 | 37.1 | 37.3 | 98.1 | 37.6 | 63.1 | 50.7 |
| AOV (in US$) | 29.3 | 47.4 | 13.9 | 52.0 | 81.3 | 17.1 | 19.0 | 51.1 |
| CVR (in %) | 72.1 | 25.9 | 37.1 | 37.3 | 98.1 | 37.6 | 63.1 | 50.7 |
Market definition
Definition of the Loudspeakers market within the Electronics market
Market definition: Electronics > Consumer Electronics > Audio > Loudspeakers The category Loudspeakers includes the online trade of home audio speakers (e.g. bookshelf speakers, soundbars, subwoofers), bluetooth speakers (e.g. portable bluetooth speakers, bluetooth stereo speakers, smart bluetooth speakers), record players, and more. This category does not cover car multimedia (e.g. car stereos, car audio systems) and headphones. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Home audio speakers (e.g. bookshelf speakers, soundbars, subwoofers)
- Bluetooth speakers (e.g. portable bluetooth speakers, bluetooth stereo speakers, smart bluetooth speakers)
- Record players
- CD players
Out-of-scope
- Car multimedia (e.g. car stereos, car audio systems)
- Headphones
Select sub-category
-
-
-
-
-
-
-
- Other Printers & Scanners *
-
-
-
-
-
-
-
* Not available for the selected country