Consumer Electronics - Singapore | Statista Market Forecast

Revenue in the Consumer Electronics segment is projected to reach US$1,380.00m in 2023.
Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 6.87%, resulting in a projected market volume of US$1,800.00m by 2027.
With a projected market volume of US$276.60bn in 2023, most revenue is generated in China.
In the Consumer Electronics segment, the number of users is expected to amount to 2.39m users by 2027.
User penetration will be 30.7% in 2023 and is expected to hit 38.8% by 2027.
The average revenue per user (ARPU) is expected to amount to US$746.90.

The eCommerce market sub-segment Consumer Electronics includes the online sale of electronic and digital devices used privately for entertainment (television sets, radios, smart speakers), communication (telephones, smartphones, etc.), or home office activities (printers, copiers). Other Consumer Electronics includes, among others, adapters, power supplies, mouse pads, components such as main boards or memories, intercoms, pagers, karaoke systems, and digital camera accessories such as tripods, batteries, video cameras, and webcams. Consumer electronics and household appliances (such as washing machines and refrigerators) are often sold by the same retailers, but household appliances are treated as a separate sub-segment as they serve a purpose other than the ones mentioned above. Resale of used, defective, or repaired goods (reCommerce and C2C) is not included in this market segment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

in-scope

TV, radio, and multimedia (e.g., digital cameras, speakers)
Phones
Computing devices and equipment
TV peripheral devices

out-of-scope

Video game consoles and VR devices
Household appliances
Smart remotes with a display or touchscreen
Smart displays (smart speakers with a touchscreen)

Please wait

Download PDF FAQs and more info on the methodology