Electronics & Media market in the Lao People's Democratic Republic
The Lao Electronics & Media eCommerce market is predicted to reach US$223.4 million by 2023 and accounts for 29.9% of the total eCommerce market in Laos. 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 12.5%, resulting in a projected market volume of US$357.9 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 Storage Units market in the Lao People's Democratic Republic
The Lao Storage Units eCommerce market is predicted to reach US$5.1 million by 2023 and accounts for 14.2% of the Computing eCommerce market in Laos. 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 12.5%, resulting in a projected market volume of US$8.1 million by 2027. The Storage Units eCommerce market is a sub-market of the Computing market. Further categories within the Computing market are: Desktop PCs, Keyboards, Laptops & Tablets, PC Monitors & Projectors, and Printers & Copiers.
eCommerce revenue development in the Storage Units market in the Lao People's Democratic Republic
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
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Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
AOV (in US$) | 30.0 | 27.5 | 99.1 | 9.5 | 9.0 | 31.8 | 72.3 | 56.1 |
CVR (in %) | 22.1 | 94.8 | 31.6 | 55.0 | 82.7 | 65.1 | 35.9 | 50.4 |
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