Electronics market in Panama
The Panamanian Electronics eCommerce market is predicted to reach US$281.5 million by 2024 and accounts for 24.0% of the total eCommerce market in Panama. 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 3.4%, resulting in a projected market volume of US$322.4 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Other TV & Video market in Panama
The Panamanian Other TV & Video eCommerce market is predicted to reach US$0.5 million by 2024 and accounts for 2.1% of the TV & Video eCommerce market in Panama. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -10.2%, resulting in a projected market volume of US$0.3 million by 2028. The Other TV & Video eCommerce market is a sub-market of the TV & Video market. Further categories within the TV & Video market are: Media Boxes & Sticks, and Televisions.
eCommerce revenue development in the Other TV & Video market in Panama
eCommerce revenue growth in the Other TV & Video market in Panama
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 38.7 | 62.5 | 40.4 | 39.0 | 0.4 | 5.1 | 29.4 | 22.8 |
Market definition
Definition of the Other TV & Video market within the Electronics market
Market definition: Electronics > Consumer Electronics > TV & Video > Other TV & Video The category Other TV & Video includes the online trade of blu-ray and dvd players and recorders, tv antennas and reception equipment, home theater systems, and more. This category does not cover tv and video furniture. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Blu-ray and DVD players and recorders
- TV antennas and reception equipment
- Home theater systems
- TV accessories (e.g. remote controls, HDMI cables, set top boxes)
Out-of-scope
- TV and video furniture
Market comparison
The Panamanian Other TV & Video market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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