Consumer Electronics Retail in North America
Summary
Consumer Electronics Retail in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The consumer electronics retail market comprises the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The North American consumer electronics retail market recorded revenues of $447.8 billion in 2023, representing a compound annual growth rate (CAGR) of 3.3% between 2018 and 2023.
- The computer hardware & software segment accounted for the market's largest proportion in 2023, with total revenues of $141.7 billion, equivalent to 31.6% of the market's overall value.
- In 2023, the North American consumer electronics retail market recorded an annual growth of 1.0%. The growth is attributed to the growing trends in digital entertainment and home-based leisure activities which boosted the demand for consumer electronics such as TVs, gaming consoles, and audio systems.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the consumer electronics retail market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in North America
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America consumer electronics retail market with five year forecasts by both value and volume
- What was the size of the North America consumer electronics retail market by value in 2023?
- What will be the size of the North America consumer electronics retail market in 2028?
- What factors are affecting the strength of competition in the North America consumer electronics retail market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's consumer electronics retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Amazon.com Inc
- 8.2. Best Buy Co Inc
- 8.3. Mercado Libre Inc
- 8.4. Apple Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America consumer electronics retail market value: $ million, 2018-23
- Table 2: North America consumer electronics retail market category segmentation: % share, by value, 2018-23
- Table 3: North America consumer electronics retail market category segmentation: $ million, 2018-23
- Table 4: North America consumer electronics retail market geography segmentation: $ million, 2023
- Table 5: North America consumer electronics retail market distribution: % share, by value, 2023
- Table 6: North America consumer electronics retail market value forecast: $ million, 2023-28
- Table 7: Amazon.com Inc: key facts
- Table 8: Amazon.com Inc: Annual Financial Ratios
- Table 9: Amazon.com Inc: Key Employees
- Table 10: Amazon.com Inc: Key Employees Continued
- Table 11: Best Buy Co Inc: key facts
- Table 12: Best Buy Co Inc: Annual Financial Ratios
- Table 13: Best Buy Co Inc: Key Employees
- Table 14: Mercado Libre Inc: key facts
- Table 15: Mercado Libre Inc: Annual Financial Ratios
- Table 16: Mercado Libre Inc: Key Employees
- Table 17: Apple Inc: key facts
- Table 18: Apple Inc: Annual Financial Ratios
- Table 19: Apple Inc: Key Employees
- Table 20: Apple Inc: Key Employees Continued
- Table 21: North America exchange rate, 2018-23
- List of Figures
- Figure 1: North America consumer electronics retail market value: $ million, 2018-23
- Figure 2: North America consumer electronics retail market category segmentation: $ million, 2018-23
- Figure 3: North America consumer electronics retail market geography segmentation: % share, by value, 2023
- Figure 4: North America consumer electronics retail market distribution: % share, by value, 2023
- Figure 5: North America consumer electronics retail market value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the consumer electronics retail market in North America, 2023
- Figure 7: Drivers of buyer power in the consumer electronics retail market in North America, 2023
- Figure 8: Drivers of supplier power in the consumer electronics retail market in North America, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the consumer electronics retail market in North America, 2023
- Figure 10: Factors influencing the threat of substitutes in the consumer electronics retail market in North America, 2023
- Figure 11: Drivers of degree of rivalry in the consumer electronics retail market in North America, 2023
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