Market Research Report
Online Electronics Retailing
|Published by||Global Industry Analysts, Inc.||Product code||941050|
|Published||Content info||184 Pages
Delivery time: 1-2 business days
|Online Electronics Retailing|
|Published: April 1, 2021||Content info: 184 Pages||
Global Online Electronics Retailing Market to Reach $1.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Online Electronics Retailing estimated at US$472.6 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at aCAGR of 12.7% over the period 2020-2027. Consumer Electronics, one of the segments analyzed in the report, is projected to record 13.3% CAGR and reach US$709.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Consumer Appliances segment is readjusted to a revised 11.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $127.5 Million, While China is Forecast to Grow at 16.7% CAGR
The Online Electronics Retailing market in the U.S. is estimated at US$127.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$243.4 Million by the year 2027 trailing a CAGR of 16.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.
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