Electronics market in Switzerland

The Swiss Electronics eCommerce market is predicted to reach US$4,532.0 million by 2024 and accounts for 27.1% of the total eCommerce market in Switzerland. 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 7.6%, resulting in a projected market volume of US$6,064.4 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

Monthly revenues

Monthly eCommerce revenues in the Swiss Electronics market

The monthly eCommerce revenue of the Swiss Electronics market was US$344 million in September 2024. This refers to a growth of -0.1% compared to August 2024. Within the last 12 months, the monthly revenue share was the highest in November 2023 with 11.6% of the total 2023 revenue of the Swiss Electronics market and the lowest in February 2024 with 7.1% of the total 2024 revenue.

Revenue Last Month

US$343.7m

The eCommerce revenue fell by 0.1% from August 2024 to September 2024.

09-2024-0.1%

Monthly revenue shares in the last 12 months

in %
0-20241-20242-20243-20244-20245-20246-20247-20248-20249-202410-202411-2024
Revenue (in mUS$)0.00.00.00.00.00.00.00.00.00.00.00.0
Monthly revenue share (in %)97.450.646.733.163.937.439.490.177.455.632.015.4

Market development

eCommerce revenue development in the Electronics market in Switzerland

The Swiss Electronics eCommerce market is predicted to reach US$4,532.0 million by 2024 and accounts for 27.1% of the total eCommerce market in Switzerland. 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 7.6%, resulting in a projected market volume of US$6,064.4 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

eCommerce revenue development in the Electronics market in Switzerland

in million US$

eCommerce revenue growth in the Electronics market in Switzerland

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)19.224.628.563.110.676.978.73.2

Online share

eCommerce online share of the total Electronics market in Switzerland

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Swiss Electronics retail market, the online share is 50.0% and will increase by an average of 0.8% to 51.6% by 2028.

eCommerce online share of the total Electronics market in Switzerland

in %
20202021202220232024202520262027
Online share (in %)50.6%22.9%64.7%7.9%27.1%17.6%27.5%93.0%

Top stores

Top five Electronics online stores in Switzerland by net sales 2023

With sales in the Swiss Electronics market, digitec.ch generated a revenue of US$651.9 million in 2023, which means it is the leading online store in this market. The Electronics ranking of Switzerland is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

eCommerce net sales generated in the Electronics market in Switzerland in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

Payment Methods

Top 5 offered payment methods in the Swiss Electronics market

With 96.4% VISA the most commonly offered payment method of all online stores in the Swiss Electronics eCommerce market in 2023. Like VISA Mastercard with a share of 96.4% and PostFinance Card with a share of 58.2% the payment type Cards is the most common used by online retailers in in the Swiss Electronics eCommerce market in 2023. Other commonly used payment methods in that market are PayPal (E-wallets) with 70.9% and Bank transfer/cash in advance (Bank transfer) with 60.0% of stores offering that payment method to the clients.

Top 5 offered payment methods in the Swiss Electronics market

in %

See all stores offering


Shop Software Solutions

Top 5 used shop software solutions in the Swiss Electronics market

In the Swiss Electronics eCommerce market, there is intense competition among various shop software solutions, leading to a highly fragmented landscape in 2023. None of the major shop software solution, including Magento, Shopware, and Gambio, have been able to secure a market share exceeding 8.5%, suggesting a diversified market with numerous players holding smaller stakes.

Top 5 used shop software solutions in the Swiss Electronics market

in %

Market definition

Definition of the Electronics market

Market definition: Electronics The category Electronics covers the sale of consumer electronics (e.g. computers, smartphones, TVs, headphones, game consoles) and appliances (e.g. refrigerators, washing machines, vacuum cleaners, coffee machines, hair dryers, electric toothbrushes) via digital channels. Online stores dedicated to the sale of mobile contracts and tariffs, set-up and installation services or software are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Consumer Electronics (e.g. computers, smartphones, TVs, headphones, game consoles)
  • Appliances (e.g. refrigerators, washing machines, vacuum cleaners, coffee machines, hair dryers, electric toothbrushes)

Out-of-scope

  • Mobile contracts and tariffs
  • Set-up and installation services
  • Software
  • Car electronics (e.g. navigation systems, car entertainment systems, dashcams)
  • Power tools