The consumer electronics e-commerce global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Consumer Electronics E-Commerce Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The consumer electronics e-commerce market size has grown rapidly in recent years. It will grow from $614.98 billion in 2023 to $701.08 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to online shopping convenience, product variety, competitive pricing, mobile shopping.
The consumer electronics e-commerce market size is expected to see rapid growth in the next few years. It will grow to $1154.09 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to technological advancements, ai and personalization, e-commerce marketplaces, mobile payments. Major trends in the forecast period include virtual try-on, ai-powered recommendations, omnichannel retail, sustainability and eco-friendly products.
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Scope Of Consumer Electronics E-Commerce Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Consumer Electronics E-Commerce Market Overview
Market Drivers –
Consumers are shifting from offline to online shopping, and this factor is the key driving factor in the consumer electronics e-commerce market. Globally, nearly 53% of the global population (more than 4 billion people) is connected to the internet, and nearly all of them (92.6%) go online using their mobile devices. Internet connectivity has presented an opportunity for hassle-free shopping anytime, anywhere. Internet accessibility, mobile technology, and digital innovations are changing consumers’ shopping experiences. With customers’ trust in buying high-value products, including electronics, on the Internet, the number of online shoppers is skyrocketing. Therefore, with the increased penetration of online shopping in consumers’ lives, the value of the electronics e-commerce market is expected to only rise but not slow down.
The consumer electronics e-commerce market covered in this report is segmented –
1) By Product: Video Products, Audio Products, Other Products
2) By Business Model: Business To Business (B2B), Business To Consumer (B2C)
3) By Pricing Model: Low Cost Products, Medium Cost Products, High End Products
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Regional Insights –
North America was the largest region in the consumer electronics e-commerce market in 2023. Asia-Pacific was the second largest region in the consumer electronics e-commerce market. The regions covered in the consumer electronics e-commerce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the consumer electronics e-commerce market include Alibaba Group Holding Limited, Amazon.com Inc., JD.com Inc., eBay Inc., Shopify Inc., Rakuten Inc., Walmart Inc., Newegg Inc., Target Corporation, Flipkart Internet Private Limited, Best Buy Co. Inc., Apple Inc., B&H Foto & Electronics Corp., Crutchfield Corporation, GameStop Corp., P.C. Richard & Son Inc., Adorama Inc., Abt Electronics Inc., Overstock.com Inc., CDW Corporation, BuyDig.com LLC, HSN Inc., QVC Inc., Monoprice Inc.
Table of Contents
- Executive Summary
- Consumer Electronics E-Commerce Market Characteristics
- Consumer Electronics E-Commerce Market Trends And Strategies
- Consumer Electronics E-Commerce Market – Macro Economic Scenario
- Global Consumer Electronics E-Commerce Market Size and Growth
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- Key Mergers And Acquisitions In The Consumer Electronics E-Commerce Market
- Consumer Electronics E-Commerce Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Consumer Electronics E-Commerce Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Consumer Electronics E-Commerce Market, Segmentation By Business Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Consumer Electronics E-Commerce Market, Segmentation By Pricing Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 74: Alibaba Group Holding Limited Financial Performance
Table 75: Amazon.com Inc. Financial Performance
Table 76: JD.com Inc. Financial Performance
Table 77: eBay Inc. Financial Performance
Table 78: Shopify Inc. Financial Performance
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