Electronics market in Cyprus
The Cypriot Electronics eCommerce market is predicted to reach US$114.3 million by 2024 and accounts for 20.8% of the total eCommerce market in Cyprus. 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 -1.5%, resulting in a projected market volume of US$107.8 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 Notebooks & Laptops market in Cyprus
The Cypriot Notebooks & Laptops eCommerce market is predicted to reach US$6.5 million by 2024 and accounts for 39.8% of the Computing eCommerce market in Cyprus. 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 -6.2%, resulting in a projected market volume of US$5.1 million by 2028. The Notebooks & Laptops eCommerce market is a sub-market of the Computing market. Further categories within the Computing market are: Desktop PCs, Monitors, Other Computing, and Tablets.
eCommerce revenue development in the Notebooks & Laptops market in Cyprus
eCommerce revenue growth in the Notebooks & Laptops market in Cyprus
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 82.0 | 22.7 | 3.0 | 3.7 | 72.5 | 68.2 | 43.4 | 42.7 |
Market definition
Definition of the Notebooks & Laptops market within the Electronics market
Market definition: Electronics > Consumer Electronics > Computing > Notebooks & Laptops The category Notebooks & Laptops includes the online trade of laptops, notebooks, 2-in-1 convertible laptops, and more. This category does not cover desktop PCs, tablets or laptop accessories (e.g. cases, chargers, docking stations). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Laptops
- Notebooks
- 2-in-1 convertible laptops
- Gaming laptops
Out-of-scope
- Desktop PCs
- Tablets
- Laptop accessories (e.g. cases, chargers, docking stations)
Market comparison
The Cypriot Notebooks & Laptops market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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