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The Electronics Retailing Market report segments the industry into By Product (Smartphones, Laptops, Tablets, Television, Home Appliances), By Distribution Channel (Retailer Websites, Online Marketplaces, Third-Party Retailers), and By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). Includes five years of historical data with five-year forecasts.
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The Consumer Electronics Retailers Market report segments the industry into By Retail Channel (Standalone Stores, Shopping Malls, Brand-owned Websites, Third-party E-commerce Platforms, Omni-Channel Retailers, Other Retails Channels), By Application (Residential, Commercial), By Distribution Channel (Offline, Online), and By Geography (North America, South America, Europe, Asia Pacific, Middle East & Africa).
The retail revenue of the consumer electronics (CE) market in the United States constantly increased during the period from 2012 to 2021. Based on the projected retail sales for 2025, consumer electronics retail sales in the United States will reach *** billion U.S. dollars. OLED TVs were forecast to generate *** billion U.S. dollars in revenue in 2023. Portable gaming consoles were expected to generate *** billion U.S. dollars. Retailers The United States offers a wide range of electronics retailers, both stores and online retailers. Examples are BestBuy, which generated revenues of around **** billion U.S. dollars in 2024, Walmart, Target, and the e-commerce platform Amazon. Other popular retailers in the country include Apple, Lenovo, and Dell. Fluctuation in the U.S. consumer electronics industry The consumer electronics industry in the United States has been increasing annually since the coronavirus pandemic hit the globe in 2020. After that, the industry grew by **** percent in 2021, before fluctuating in the following years.
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The global online electronics retailing market size was valued at approximately $320 billion in 2023 and is projected to reach around $590 billion by 2032, with a compound annual growth rate (CAGR) of 7.1%. The primary growth factor driving this market is the increasing penetration of the internet and the rising inclination towards online shopping among consumers worldwide.
The surge in smartphone users globally has revolutionized the way consumers shop, contributing significantly to the growth of the online electronics retailing market. The convenience of shopping from anywhere at any time, coupled with the availability of a wide array of electronic products online, has attracted a vast number of consumers to this market. Moreover, the growing popularity of e-commerce platforms and the integration of advanced technologies such as artificial intelligence and augmented reality in online shopping experiences have further fueled market expansion.
Another key growth factor is the ongoing digital transformation across various industries, which has increased the demand for electronic products such as laptops, tablets, and peripherals. The rise of remote work and online education due to the COVID-19 pandemic has also led to a significant spike in the demand for consumer electronics. Additionally, the competitive pricing and attractive discounts offered by online retailers have made online shopping a more appealing option for consumers, further driving market growth.
Furthermore, the increasing investments in online retail infrastructure and logistics by major e-commerce giants are expected to enhance the efficiency and reliability of online electronics retailing. Companies are focusing on optimizing their supply chain management and delivery services to provide a seamless shopping experience to consumers. The growing adoption of secure and convenient online payment methods is also contributing to the increased consumer confidence in online shopping, thereby supporting market growth.
Regionally, North America and Asia Pacific are the leading markets for online electronics retailing. North America, particularly the United States, is witnessing robust growth due to the high internet penetration and the presence of major e-commerce players. Meanwhile, in the Asia Pacific region, countries like China and India are experiencing exponential growth in online retailing due to the massive consumer base, rapid urbanization, and increasing disposable incomes. Europe and Latin America are also emerging as significant markets, driven by technological advancements and increased consumer awareness.
In the realm of online electronics retailing, the product type segment encompasses consumer electronics, home appliances, computers and peripherals, mobile devices, and others. Each of these sub-segments plays a critical role in shaping the overall market dynamics. Consumer electronics, including items such as televisions, audio equipment, and gaming consoles, constitute a significant portion of the market. The growing consumer interest in high-quality entertainment systems and smart home devices has propelled the demand for these products. The trend towards home automation and smart living solutions further accentuates the growth of this sub-segment.
Home appliances, covering a spectrum of products from refrigerators to washing machines and air conditioners, have also witnessed substantial online sales growth. As consumers increasingly prefer the convenience of purchasing bulky items online, major retailers have responded by offering extensive delivery and installation services. The rise in smart home appliances, equipped with IoT technology, has also catalyzed this market segment. The convenience of comparing features, prices, and reviews online has made it easier for consumers to make informed purchasing decisions.
Computers and peripherals, including laptops, desktops, printers, and other accessories, represent another crucial segment. The shift towards remote work and online learning has significantly boosted the demand for these products. The availability of a wide range of options and the ease of customization have made online platforms a preferred choice for purchasing computers and peripherals. Additionally, the frequent introduction of new technologies and upgrades by manufacturers keeps this market segment dynamic and continuously growing.
Mobile devices, encompassing smartphones, tablets, and wearable technology, are perhaps the most
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The global consumer electronics retail market, valued at $1.27 trillion in 2025, is projected to experience steady growth, driven by increasing disposable incomes, particularly in developing economies, and the continuous innovation in consumer electronics. The market's Compound Annual Growth Rate (CAGR) of 4.56% from 2025 to 2033 indicates a substantial expansion, fueled by the rising demand for smartphones, smart home devices, wearables, and other advanced electronics. Key growth drivers include the increasing adoption of e-commerce, the rise of omnichannel retail strategies, and the ongoing technological advancements leading to more sophisticated and feature-rich products. The market is segmented by retail channel (standalone stores, shopping malls, online platforms, etc.), application (residential, commercial), and distribution channel (offline, online). While the dominance of established players like Best Buy, Amazon, and Walmart remains strong, the market is also witnessing the emergence of specialized online retailers and niche players catering to specific consumer segments. This competitive landscape necessitates agile strategies to adapt to changing consumer preferences and technological disruptions. Geographic variations are expected, with North America and Asia-Pacific likely to maintain significant market shares due to robust consumer spending and technological adoption. However, growth opportunities exist in other regions as consumer purchasing power increases and infrastructure improves. The ongoing expansion of the consumer electronics retail market is partially offset by factors like economic fluctuations and the increasing saturation of certain product categories. Concerns about e-waste and environmental sustainability are also gaining traction, influencing consumer buying decisions and prompting manufacturers and retailers to adopt more eco-friendly practices. Furthermore, the intense competition within the sector necessitates continuous innovation, strategic partnerships, and robust supply chain management to ensure profitability and market share. The shift towards subscription-based services and the growing importance of customer experience are also reshaping the competitive dynamics. Successfully navigating this complex landscape requires a deep understanding of evolving consumer behavior, technological trends, and regulatory developments. Companies are investing heavily in personalized marketing, improved logistics, and enhanced customer service to gain a competitive edge in this dynamic and rapidly evolving market. Recent developments include: In February 2023, MediaMarktSaturn and the Nordic electronic retailer Power International AS reached an agreement concerning the divestment of MediaMarktSaturn's Swedish business., In January 2022, Hazel, the fintech startup, was launched in collaboration with Walmart and the prominent investment firm Ribbit Capital., In January 2022, the Chinese online retail giant JD.com launched its inaugural physical stores in Europe. Operating under the brand name Ochama, these stores are situated in Leiden and Rotterdam in the Netherlands, with two additional locations scheduled for Amsterdam and Utrecht.. Key drivers for this market are: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Potential restraints include: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Notable trends are: The Accessibility and Convenience of Online Shopping Platforms Increase Market Demand.
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The global Consumer Electronics Retailers Market was valued at USD 1.26 Trillion in 2024 and is expected to reach USD 1.68 Trillion by 2030 with a CAGR of 4.97%.
Pages | 187 |
Market Size | 2024: USD 1.26 Trillion |
Forecast Market Size | 2030: USD 1.68 Trillion |
CAGR | 2025-2030: 4.97% |
Fastest Growing Segment | Third-Party E-Commerce Platforms |
Largest Market | North America |
Key Players | 1. Best Buy Co. Inc. 2. Amazon.com Inc. 3. Walmart Inc. 4. Apple Inc. 5. MediaMarktSaturn Retail Group 6. Suning.com Co. Ltd 7. JD.com Inc. 8. Bic Camera Inc. 9. Fnac Darty 10. Dixons Carphone |
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The forecast for the global Consumer Electronics Retail market predicts substantial growth, with market size projected to soar to USD 2.47 Trillion by 2033, a significant increase from the USD 1.51 Trillion recorded in 2024. This expansion reflects an impressive compound annual growth rate (CAGR) of 5.62% anticipated between 2025 and 2033.
The Global Consumer Electronics Retail market size to cro
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The retail landscape has undergone a substantial digital transformation over the past few years due to the COVID-19 pandemic, which is why the Online Consumer Electronics Sales industry has flourished. Increasing acceptance of online shopping has sustained robust industry growth. Online retailers’ ability to provide products at lower pricepoints than traditional consumer electronics retailers has enabled the industry to better withstand poor economic conditions. Online computer electronic product purchases are considered a cost-effective alternative to purchasing from traditional bricks-and-mortar stores. Yet, weakening consumer sentiment and the cost-of-living crisis have partly restricted consumer demand and expenditure on industry products recently. Falling real household discretionary income has encouraged more bargain seekers and propelled sales of versatile electronics like mobile phones instead of big-ticket items like home entertainment products, boosting industry revenue. Industry revenue is set to climb at an annualised 5.9% over the few years through the end of 2024-25, to $4.5 billion. This trend includes anticipated growth of 1.7% through the end of 2024-25; a more modest result than previous years as consumers become more price-conscious. Retailers have benefited from significant technological change, driving revenue growth. Continued innovation among electronic devices has supported demand. Alongside intense price-based competition, online retailers’ lower operating costs compared to traditional bricks-and-mortar retailers have ensured cost savings for consumers but have diminished operators’ profit as a share of revenue. A rise in industry revenue has prompted traditional retailers like JB Hi-Fi to invest heavily in their online sales channels, boosting their market share. Online-focused retailers like Amazon have invested more in distribution efficiency, resulting in a rapid growth in market share. Overall, revenue is set to rise by an annualised 5.6% over the coming years through the end of 2029-30, to $5.9 billion. Industry participation is set to dip due to more intense price wars, with unprofitable, small-scale retailers exiting the industry. Improved data connectivity and continuous product innovation are poised to facilitate demand for consumer electronics that capitalise on increased data speeds as consumers update their existing hardware. Higher sales volumes of modern technology will likely boost industry profitability.
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The global airport retailing consumer electronics market is expected to reach a size of US$ 2.08 billion in 2024 and further expand at a CAGR of 7.4% to end up at US$ 4.24 billion by 2034.
Report Attribute | Detail |
---|---|
Airport Retailing Consumer Electronics Market Size (2024E) | US$ 2.08 Billion |
Projected Market Value (2034F) | US$ 4.24 Billion |
Global Market Growth Rate (2024 to 2034) | 7.4% CAGR |
East Asia Market Share (2024E) | 23.5% |
North America Market Growth Rate (2024 to 2034) | 6.9% CAGR |
Revenue from Medium Airports (2024) | US$ 1.14 Billion |
Electronics Devices Segment Value (2024E) | US$ 747.5 Million |
Key Companies Profiled | Crystal Media; Royal Capi-Lux (‘Capi’); InMotion; Dubai Duty-Free; Lagardere Travel Retail; Bahrain Duty-Free Shop Complex; Regstaer Duty -Free; King Power International; Gebr. Heinemann SE & Co. KG; China Duty-Free Group Co. Ltd.; DFS Group Ltd.; Dufry AG. |
Country-wise Insights
Attribute | United States |
---|---|
Market Value (2024E) | US$ 304.9 Million |
Growth Rate (2024 to 2034) | 7.2% CAGR |
Projected Value (2034F) | US$ 609 Million |
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 141 Million |
Growth Rate (2024 to 2034) | 8.7% CAGR |
Projected Value (2034F) | US$ 324.1 Million |
Category-wise Insights
Attribute | Electronics Devices |
---|---|
Segment Value (2024E) | US$ 747.5 Million |
Growth Rate (2024 to 2034) | 8% CAGR |
Projected Value (2034F) | US$ 1.61 Billion |
Attribute | Medium Size Airports |
---|---|
Segment Value (2024E) | US$ 1.14 Billion |
Growth Rate (2024 to 2034) | 8.3% CAGR |
Projected Value (2034F) | US$ 2.54 Billion |
In the United States, over the course of 2024, Amazon's retail market share of consumer electronics has varied, however growing for the most part. In January 2024, the market share started at around ** percent, which then spiked in July 2024 at almost ** percent. The retail market share then dropped in August, before starting to rise again.
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Global Consumer Electronics Retail comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.
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Global Electronics Retailing market size 2025 was XX Million. Electronics Retailing Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.
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The consumer electronics retail market is experiencing robust growth, driven by increasing disposable incomes, particularly in developing economies, and the continuous innovation in consumer electronics. The market's expansion is fueled by the rising demand for smartphones, smart home devices, wearables, and high-end audio equipment. Online retail channels are witnessing significant expansion, fueled by the convenience and accessibility they offer consumers. However, this growth is not uniform across all segments. While the online retail segment is experiencing rapid growth, offline retail continues to play a significant role, particularly for products requiring hands-on experience or immediate delivery. Competition is fierce, with established players like Amazon, Best Buy, and Apple competing with regional retailers and specialized electronics stores. Pricing strategies, brand loyalty, and effective after-sales service are key differentiators in this competitive landscape. The market is segmented by application (camera, phone, computer, others) and retail channel (online and offline), providing diverse opportunities for businesses of various sizes. Geographic expansion remains a key focus for many companies, with growth prospects particularly strong in Asia-Pacific and developing regions of South America and Africa. Sustained technological advancements and the introduction of innovative products are expected to maintain the market's positive trajectory. The future growth of the consumer electronics retail market will depend on several factors. The adoption rate of new technologies, such as 5G connectivity and artificial intelligence, will significantly impact demand. Economic stability and consumer confidence also play crucial roles. Furthermore, effective supply chain management and strategies to mitigate the impact of potential geopolitical disruptions will be critical for sustained growth. The increasing focus on sustainability and environmentally friendly products will also influence consumer choices. Companies are actively investing in research and development to improve product longevity and reduce environmental impact, contributing to a more sustainable consumer electronics ecosystem. Market segmentation will become increasingly important for retailers to precisely target consumer needs and preferences within distinct demographics and geographic locations.
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Global Electronic Product Retailing market size is expected to reach $2019.7 billion by 2029 at 5.7%, segmented as by business-to-business retailing, wholesale distribution, online b2b platforms, direct sales, procurement services
In the United States, gaming, video, audio, and apps were forecast to generate around *** billion U.S. dollars in 2023. The OLED TV market was expected to generate *** billion U.S. dollars, while portable gaming consoles around *** billion.
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The US Electronics and Appliance Stores Market is Segmented by Product Category (Major Appliances, Small Appliances, Consumer Electronics, and Smart Home Devices), Store Type (Big-Box Retailers, Specialty Appliance Stores, Flagship Experience Centers, Warehouse Clubs, and More), Ownership (Retail Chains, Franchisees, Independent Retailers, and More), and Sales Channel (In-Store Sales, Click-And-Collect, Mobile App, and More).
Although slightly declining from 2020, e-commerce still highly contributes to the consumer electronics market in Italy. In 2021, online sales made up **** percent of the total consumer electronics retail market, marking a change of pace compared to pre-pandemic times. In the first half of 2019, e-commerce accounted for just **** percent of this segment's sales value.
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Consumer electronics stores are navigating a complex landscape characterized by evolving consumer behaviors, economic fluctuations and technological advancements. In recent years, consumers have integrated electronics into their daily lives, seeking convenient products that fulfill specific needs. This surge was particularly evident during 2020 and 2021 when e-commerce sales spiked, as consumers grew comfortable purchasing high-value electronics online. However, sales remain susceptible to economic fluctuations, as evidenced by the sharp revenue loss when discretionary spending plummeted. The industry's revenue currently stands at $160.6 billion, buoyed by a modest 1.4% growth rate in 2025, while profit has stabilized at 3.9%. As retailers continue to adapt, they must grapple with macroeconomic challenges and the imperative to stay competitive in an increasingly digital marketplace. Over the past five years, the consumer electronics stores industry has experienced a modest growth trajectory at a CAGR of 3.0%. The rapid gains in consumer confidence, driven by near-zero interest rates and accelerating housing starts, temporarily boosted sales. As consumers outfitted new homes with appliances, industry revenue rallied, yet this recovery wasn't without its challenges. Interest rate hikes in 2022 and 2023 put pressure on the residential construction sector, dampening demand for new electronics tied to housing. Intensified competition from large-format and online retailers like Walmart and Amazon, coupled with supply chain disruptions and inflation, put smaller specialized stores at a disadvantage. Despite these hurdles, shifting consumer preferences towards digital media and podcasts have spurred demand for specific categories like cameras and audio equipment, partially offsetting declines in other areas. Looking ahead, the industry faces a more tempered growth trajectory. With revenue growth at a slower CAGR of 1.3%, reaching $171.5 billion in 2030, consumer electronics stores will confront various challenges. Ongoing trade tensions, fueled by tariffs on Chinese goods and potential tariffs on Canadian and Mexican imports, heighten economic uncertainty and can inflate operational costs. As consumers become more price-sensitive amid these pressures, retailers must prioritize competitive pricing strategies and expansive online platforms to remain viable. Also, new technological developments and SaaS's rise pose threats to traditional retail models. To thrive over the next five years, the industry must embrace innovation, streamline supply chains and capitalize on emerging consumer trends, ensuring they cater to essential electronics needs and discretionary demands driven by lifestyle aspirations.
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The global consumer electronics retail market is experiencing steady growth, projected to reach a market size of $1.27 trillion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.56% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing affordability and accessibility of advanced consumer electronics, particularly smartphones and smart home devices, fuels demand across diverse demographics. Secondly, evolving consumer preferences towards premium features, innovative technologies, and seamless online-offline shopping experiences are shaping market dynamics. The rise of e-commerce platforms and omnichannel retail strategies further accelerates market growth, offering consumers greater convenience and choice. Finally, technological advancements continuously introduce new products and services, creating a cycle of upgrades and replacement purchases, bolstering market revenue. However, challenges remain. Intense competition among established players like Best Buy, Amazon, Walmart, and Apple, alongside the emergence of new online retailers, puts pressure on profit margins. Supply chain disruptions and fluctuating component costs also impact the industry's stability. Furthermore, concerns surrounding e-waste management and the environmental impact of rapidly changing electronics represent significant long-term obstacles that retailers must navigate responsibly. Market segmentation, while not explicitly provided, likely includes categories such as online versus brick-and-mortar retail, product type (smartphones, TVs, laptops, etc.), and geographic region. Successful players will need to effectively manage inventory, optimize pricing, and focus on superior customer service to thrive in this dynamic and competitive landscape. Key drivers for this market are: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Potential restraints include: Growing Popularity of Entertainment and Gaming, Accessibility and Convenience of Online Shopping Platforms. Notable trends are: The Accessibility and Convenience of Online Shopping Platforms Increase Market Demand.
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The global electricals and electronics retail market is a dynamic and rapidly evolving sector, characterized by significant growth driven by increasing consumer spending on electronics, technological advancements, and the rise of e-commerce. The market size in 2025 is estimated at $1.5 trillion, reflecting a considerable expansion from previous years. This robust growth is fueled by several key factors. Firstly, the continuous innovation in consumer electronics, including smartphones, smart home devices, and wearables, consistently drives demand. Secondly, the expanding middle class in emerging economies, particularly in Asia-Pacific, presents a substantial untapped market potential. Finally, the seamless integration of online and offline retail channels creates a hybrid shopping experience, catering to diverse consumer preferences. However, market growth is not without its challenges. Economic downturns, supply chain disruptions, and intense competition among established players and emerging online retailers can pose significant restraints. Market segmentation reveals a strong demand across both household appliances and consumer electronics, with online retail steadily gaining market share against traditional brick-and-mortar stores. Leading companies like Amazon, Best Buy, and others are actively adapting their strategies to navigate these challenges and capitalize on emerging opportunities. The forecast period of 2025-2033 projects continued growth, albeit at a more moderate CAGR of around 5%. This slower pace compared to previous years is largely attributed to the market reaching a certain level of maturity and saturation in developed economies. However, sustained growth is expected in emerging markets, where penetration rates remain relatively low. The market segmentation will continue to evolve, with a greater emphasis on omnichannel strategies that blend physical and digital experiences. Furthermore, sustainability concerns and the growing preference for energy-efficient appliances are reshaping consumer preferences, influencing product development and marketing strategies within the sector. Companies must prioritize innovation, supply chain resilience, and customer experience to maintain their competitive edge in this evolving landscape. Regional variations will persist, with North America and Asia-Pacific continuing to dominate the market share due to their substantial consumer bases and strong technological adoption rates.
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The Electronics Retailing Market report segments the industry into By Product (Smartphones, Laptops, Tablets, Television, Home Appliances), By Distribution Channel (Retailer Websites, Online Marketplaces, Third-Party Retailers), and By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). Includes five years of historical data with five-year forecasts.