Electronics & Media market in Sri Lanka
The Sri Lankan Electronics & Media eCommerce market is predicted to reach US$665.0 million by 2023 and accounts for 24.3% of the total eCommerce market in Sri Lanka. 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 13.5%, resulting in a projected market volume of US$1,104.5 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 TV Peripheral Devices market in Sri Lanka
The Sri Lankan TV Peripheral Devices eCommerce market is predicted to reach US$1.8 million by 2023 and accounts for 0.3% of the Consumer Electronics eCommerce market in Sri Lanka. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be -7.3%, resulting in a projected market volume of US$1.3 million by 2027. The TV Peripheral Devices eCommerce market is a sub-market of the Consumer Electronics market. Further categories within the Consumer Electronics market are: Computing, Other Consumer Electronics, TV, Radio & Multimedia, and Telephony.
eCommerce revenue development in the TV Peripheral Devices market in Sri Lanka
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
| AOV (in US$) | 93.5 | 38.1 | 98.2 | 69.7 | 71.3 | 7.7 | 22.4 | 71.1 |
| CVR (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
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