Number of stores of leading CE retailers worldwide 2021-2022, by headquarter

GOME Electrical Appliances, is one of the largest consumer electronics retailer chains in China and had 4,195 stores in China as of 2021. Another Chinese giant Suning had 2,103 stores that year, whereas the North American consumer electronics retailer BestBuy had approximately 1,144 locations in 2022. Within the selected retailers, BestBuy led the ranking by revenue, with almost 52 billion U.S. dollars in revenue in 2022.

BestBuy

Best Buy is an American multinational consumer electronics retailer, which also operates in Canada and Mexico. The largest share of the company’s revenue came from computing and mobile phones, followed by other consumer electronics, such as wearables, and smart home devices. Appliances, entertainment, and services are BestBuy’s other major business segments.

Major consumer electronics brands

Retail stores are one of the main channels where electronical products are being sold. Major companies like Sony, Panasonic, LG Electronics and Fujifilm generate billions of U.S. dollars every year. Apple topped the ranking in 2022, acquiring 378 billion U.S. dollars in sales.