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

in million US$, in %

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
AOV: Average Order Value CVR: Conversion Rate