Global Electronics market

The global Electronics eCommerce market is expected to increase over the next years. It is predicted to reach US$1,221,216.3 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.5%. ECDB considers the following two sub-markets within the Electronics market: Consumer Electronics and Electrical Appliances. Consumer Electronics is the largest sub-market and accounts for 59.1% of the global Electronics market.

Market development

eCommerce revenue development in the global Consumer Electronics market

The global Consumer Electronics eCommerce market is expected to increase over the next years. It is predicted to reach US$721,284.5 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.8%. The Consumer Electronics eCommerce market is a sub-market of the Electronics market and accounts for 59.1% within this market. Further categories within the Electronics market are: Electrical Appliances.

eCommerce revenue development in the global Consumer Electronics market

in million US$

eCommerce revenue growth in the global Consumer Electronics market

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)51.09.184.170.039.383.911.069.9

Online share

eCommerce online share of the total Consumer Electronics market

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 global Consumer Electronics retail market, the online share is 42.7% and will increase by an average of 5.1% to 52.2% by 2028.

eCommerce online share of the total Consumer Electronics market

in %
20202021202220232024202520262027
Online share (in %)77.9%47.9%22.9%18.8%79.2%55.8%32.0%53.1%

Top stores

Top five Consumer Electronics online stores worldwide by net sales 2023

With sales in the global Consumer Electronics market, apple.com generated a revenue of US$47,198.2 million in 2023, which means it is the leading online store in this market. The global Consumer Electronics ranking 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 ranking shows a filtered revenue. It only includes sales within the market Consumer Electronics.

eCommerce net sales generated in the Consumer Electronics market 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%

Market definition

Definition of the Consumer Electronics market within the Electronics market

Market definition: Electronics > Consumer Electronics The category Consumer Electronics includes the online trade of computers, TVs, smartphones, and more. Online stores dedicated to the sale of household appliances, personal care appliances or mobile contracts and tariffs are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Computers
  • TVs
  • Smartphones
  • Cameras
  • Headphones
  • Loudspeakers
  • Printers
  • Scanners
  • Game Consoles
  • Wearables

Out-of-scope

  • Household appliances
  • Personal care appliances
  • Mobile contracts and tariffs
  • Set-up and installation services
  • Software