Global Electronics market
The global Electronics eCommerce market is expected to increase over the next years. It is predicted to reach US$1,097,823.2 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.4%. 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 60.6% of the global Electronics market.
Market development
eCommerce revenue development in the global Loudspeakers market
The global Loudspeakers eCommerce market is expected to increase over the next years. It is predicted to reach US$23,782.0 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 3.2%. The Loudspeakers eCommerce market is a sub-market of the Audio market and accounts for 52.8% within this market. Further categories within the Audio market are: Headphones, Hifi Equipment, and Other Audio.
eCommerce revenue development in the global Loudspeakers market
eCommerce revenue growth in the global Loudspeakers market
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 79.6 | 22.8 | 52.3 | 68.1 | 55.1 | 22.4 | 3.3 | 17.9 | ||||
as of Audio (in %) | 2.9 | 2.7 | 2.6 | 2.7 | 2.9 | 2.9 | 2.9 | 2.8 | 2.9 | 2.8 | 2.8 | 2.8 |
Market definition
Definition of the Loudspeakers market within the Electronics market
Market definition: Electronics > Consumer Electronics > Audio > Loudspeakers The category Loudspeakers includes the online trade of home audio speakers (e.g. bookshelf speakers, soundbars, subwoofers), bluetooth speakers (e.g. portable bluetooth speakers, bluetooth stereo speakers, smart bluetooth speakers), record players, and more. This category does not cover car multimedia (e.g. car stereos, car audio systems) and headphones. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Home audio speakers (e.g. bookshelf speakers, soundbars, subwoofers)
- Bluetooth speakers (e.g. portable bluetooth speakers, bluetooth stereo speakers, smart bluetooth speakers)
- Record players
- CD players
Out-of-scope
- Car multimedia (e.g. car stereos, car audio systems)
- Headphones
Market comparison
The Global Loudspeakers market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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