Philippines: consumer electronics revenue

In 2020, the revenue of consumer electronics in the Philippines amounted to 765 million U.S. dollars, an increase of almost 300 million compared to the previous year. This constituted the fourth year of significant increase in this sector. The Statista Consumer Market Outlook however estimates that although the growth of this market will continue to increase it will do so at a slower pace, increasing to 1.5 billion U.S. dollars by 2025.

Revenue of the consumer electronics market in the Philippines from 2017 to 2025 (in million U.S. dollars)

Characteristic	Revenue in million U.S. dollars
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Supplementary notes

Data provided by Statista Market Outlook are estimates
The eCommerce market segment Consumer electronics includes the online sale of consumer electronics, for example, radios, TV sets, MP3 players, stereo systems and DVD players. Furthermore, the segment also includes hardware derived from the field of communications electronics, e.g. desktop computers, laptops, tablets and smartphones. Well-known and important online shops that focus on these types of equipment are bestbuy.com and amazon.com. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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