SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Online Electronics Retailing - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 9; Released: April 2021 Executive Pool: 4288 Companies: 54 - Players covered include Alibaba Group Holding Ltd.; Amazon.com, Inc.; Apple, Inc.; Best Buy Company, Inc.; Buydig; Costco Wholesale Corporation; Dell EMC; GOME Electrical Appliances Holding Ltd.; Jd.com, Inc.; Sonic Electronix; Staples, Inc.; Vanns.com; Walmart Inc. and Others. Coverage: All major geographies and key segments Segments: Product Category (Consumer Electronics, Consumer Appliances) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ( Australia; India; South Korea; and Rest of Asia-Pacific); Latin America ( Argentina; Brazil; Mexico; and Rest of Latin America); Middle East ( Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Online Electronics Retailing Market to Reach $984.1 Million by 2026Amid 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$984.1 Million by 2026, growing at a CAGR of 12.7% over the analysis period. Consumer Electronics, one of the segments analyzed in the report, is projected to record a 13.3% CAGR and reach US$709.7 Million by the end of the analysis period. After a thorough 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 $144.1 Million in 2021, While China is Forecast to Reach $210.8 Million by 2026The Online Electronics Retailing market in the U.S. is estimated at US$144.1 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$210.8 Million by the year 2026 trailing a CAGR of 16.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10% CAGR. More
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SOURCE Global Industry Analysts, Inc.