Electronics market in Bulgaria
The Bulgarian Electronics eCommerce market is predicted to reach US$252.6 million by 2024 and accounts for 20.2% of the total eCommerce market in Bulgaria. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 9.9%, resulting in a projected market volume of US$368.4 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Action Cameras market in Bulgaria
The Bulgarian Action Cameras eCommerce market is predicted to reach US$0.3 million by 2024 and accounts for 6.4% of the Cameras eCommerce market in Bulgaria. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -5.3%, resulting in a projected market volume of US$0.2 million by 2028. The Action Cameras eCommerce market is a sub-market of the Cameras market. Further categories within the Cameras market are: Camera Lenses, Digital Cameras, and Other Cameras.
eCommerce revenue development in the Action Cameras market in Bulgaria
eCommerce revenue growth in the Action Cameras market in Bulgaria
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 50.0 | 69.0 | 25.0 | 41.5 | 35.9 | 80.1 | 31.8 | 46.9 |
Market definition
Definition of the Action Cameras market within the Electronics market
Market definition: Electronics > Consumer Electronics > Cameras > Action Cameras The category Action Cameras includes the online trade of action cameras (e.g. GoPro, DJI, Insta360). This category does not cover digital cameras, other cameras (e.g. analog cameras, instant cameras, film cameras) or action camera accessories (e.g. mounts and adhesive pads, protective cases and housings, camera straps and harnesses). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Action cameras (e.g. GoPro, DJI, Insta360)
Out-of-scope
- Digital cameras
- Other cameras (e.g. analog cameras, instant cameras, film cameras)
- Action camera accessories (e.g. mounts and adhesive pads, protective cases and housings, camera straps and harnesses)
Market comparison
The Bulgarian Action Cameras market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Other Loudspeakers *
- Other Audio *
- Other Cameras *
- Other Printers & Scanners *
* Not available for the selected country