Electronics & Media market in South Korea
The South Korean Electronics & Media eCommerce market is predicted to reach US$21,096.2 million by 2023 and accounts for 20.7% of the total eCommerce market in South Korea. 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 2.2%, resulting in a projected market volume of US$23,046.1 million by 2027. Within the Electronics & Media market ecommerceDB considers the following two sub-markets: Consumer Electronics and Books, Movies, Music & Games.
Market development
eCommerce revenue development in the Smart Streaming Devices market in South Korea
The South Korean Smart Streaming Devices eCommerce market is predicted to reach US$73.3 million by 2023 and accounts for 81.6% of the TV Peripheral Devices eCommerce market in South Korea. 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 5.9%, resulting in a projected market volume of US$92.2 million by 2027. The Smart Streaming Devices eCommerce market is a sub-market of the TV Peripheral Devices market. Further categories within the TV Peripheral Devices market are: Smart Remotes, and Video Players.
eCommerce revenue development in the Smart Streaming Devices market in South Korea
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
| AOV (in US$) | 94.7 | 38.6 | 25.4 | 51.7 | 85.3 | 46.9 | 51.5 | 66.1 |
| CVR (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
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