Electronics market in Germany
The German Electronics eCommerce market is predicted to reach US$23,798.7 million by 2024 and accounts for 21.5% of the total eCommerce market in Germany. 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 5.1%, resulting in a projected market volume of US$29,044.6 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 German Electronics market
The monthly eCommerce revenue of the German Electronics market was US$2,661 million in November 2024. This refers to a growth of 14.6% compared to October 2024. Within the last 12 months, the monthly revenue share was the highest in November 2024 with 11.2% of the total 2024 revenue of the German Electronics market and the lowest in September 2024 with 7.0% of the total 2024 revenue.
Revenue Last Month
US$2,661.4m
The eCommerce revenue grew by 14.6% from October 2024 to November 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 8.0 | 53.0 | 51.3 | 52.3 | 46.8 | 8.2 | 83.3 | 26.1 | 85.7 | 51.1 | 11.2 | 80.4 |
Market development
eCommerce revenue development in the Electronics market in Germany
The German Electronics eCommerce market is predicted to reach US$23,798.7 million by 2024 and accounts for 21.5% of the total eCommerce market in Germany. 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 5.1%, resulting in a projected market volume of US$29,044.6 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
eCommerce revenue development in the Electronics market in Germany
eCommerce revenue growth in the Electronics market in Germany
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 99.1 | 44.8 | 1.0 | 8.0 | 31.6 | 95.3 | 65.8 | 97.0 |
Top stores
Top five Electronics online stores in Germany by net sales 2023
With sales in the German Electronics market, amazon.de generated a revenue of US$5,802.5 million in 2023, which means it is the leading online store in this market. The Electronics ranking of Germany 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 Germany in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
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Payment Methods
Top 5 offered payment methods in the German Electronics market
The German Electronics eCommerce market in 2023 in terms of offered payment methods is fragmented and dominated by a few providers with PayPal (E-wallets) covering the largest share with 94.4% of all online stores checked. Other offered payment methods in the German Electronics eCommerce market in 2023 are Bank transfer/cash in advance (Bank transfer) with 84.7%, Mastercard (Cards) with 79.6%, and VISA (Cards) with 78.9%. With 54.1% Sofortüberweisung (Bank transfer) has already a significantly smaller coverage compared to PayPal (E-wallets).
Top 5 offered payment methods in the German Electronics market
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Shipping Service Provider
Top 5 offered shipping providers in the German Electronics market
With 88.2% of all online retailers using DHL it is the dominating shipping service provider in the German Electronics eCommerce market in 2023. DPD follows at a distant second, utilized by 24.2% of online retailers. Other shipping service providers, including UPS (United Parcel Service), GLS, and Deutsche Post, are employed by a significantly smaller proportion of online retailers.
Top 5 offered shipping providers in the German Electronics market
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Shop Software Solutions
Top 5 used shop software solutions in the German Electronics market
Although Shopware holds a commanding lead with 21.7% of online stores using the shop software solution, the German Electronics eCommerce market in 2023 remains vibrant and competitive. This is due to the presence of several other shop software solutions, including Magento, JTL-Shop, OXID EShop, and Shopify, which collectively hold a significant share of the market.
Top 5 used shop software solutions in the German Electronics market
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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
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