Electronics market in the U.S.

Market development

eCommerce revenue development in the Electronics market in the U.S.

The U.S. Electronics eCommerce market is predicted to reach US$219,575.6 million by 2024 and accounts for 20.6% of the total eCommerce market in the United States. 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 7.1%, resulting in a projected market volume of US$289,256.5 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

eCommerce revenue development in the Electronics market in the U.S.

in million US$

eCommerce revenue growth in the Electronics market in the U.S.

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)11.287.665.375.050.947.42.535.7

Online share

eCommerce online share of the total Electronics market in the U.S.

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the U.S. Electronics retail market, the online share is 48.6% and will increase by an average of 4.6% to 58.1% by 2028.

eCommerce online share of the total Electronics market in the U.S.

in %
20202021202220232024202520262027
Online share (in %)33.0%72.6%97.8%28.8%60.3%80.3%47.1%2.7%

Top stores

Top five Electronics online stores in the U.S. by net sales 2023

With sales in the U.S. Electronics market, amazon.com generated a revenue of US$48,806.4 million in 2023, which means it is the leading online store in this market. The Electronics ranking of the United States is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

eCommerce net sales generated in the Electronics market in the U.S. in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

Payment Methods

Top 5 offered payment methods in the U.S. Electronics market

With 94.9% VISA the most commonly offered payment method of all online stores in the U.S. Electronics eCommerce market in 2023. Like VISA Mastercard with a penetration of 94.9%, American Express with a share of 90.0%, and Discover with a share of 81.1% the payment type Cards is the most common used by online retailers in in the U.S. Electronics eCommerce market in 2023. With a share 82.4% PayPal is the most common used payment method offered to the clients of type E-wallets.

Top 5 offered payment methods in the U.S. Electronics market

in %

See all stores offering


Shipping Service Provider

Top 5 offered shipping providers in the U.S. Electronics market

Despite UPS (United Parcel Service)'s dominant position with 67.1% of online stores opting for its services, the U.S. Electronics eCommerce market in 2023 remains diverse and competitive. Several other shipping service providers, including FedEx, USPS (United States Postal Service), DHL, and EMS, hold smaller but significant shares, contributing to a dynamic and fragmented market.

Top 5 offered shipping providers in the U.S. Electronics market

in %

See all stores offering


Market definition

Definition of the Electronics market

Market definition: Electronics The category Electronics covers the sale of consumer electronics (e.g. computers, smartphones, TVs, headphones, game consoles) and appliances (e.g. refrigerators, washing machines, vacuum cleaners, coffee machines, hair dryers, electric toothbrushes) via digital channels. Online stores dedicated to the sale of mobile contracts and tariffs, set-up and installation services or software are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Consumer Electronics (e.g. computers, smartphones, TVs, headphones, game consoles)
  • Appliances (e.g. refrigerators, washing machines, vacuum cleaners, coffee machines, hair dryers, electric toothbrushes)

Out-of-scope

  • Mobile contracts and tariffs
  • Set-up and installation services
  • Software
  • Car electronics (e.g. navigation systems, car entertainment systems, dashcams)
  • Power tools