GOME Electrical Appliances, is one of the largest consumer electronics retailer chains in China and had 1,298 stores in China as of 2023. Another Chinese giant, GOME Electrical Appliances had 1,073 stores that year, whereas the North American consumer electronics retailer Best Buy had approximately 1,117 locations in 2024. Within the selected retailers, Best Buy led the ranking by revenue, with over 46 billion U.S. dollars in revenue in 2023.
Best Buy
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 Best Buy’s other major business segments.
Major consumer electronics brands
Retail stores are one of the main channels where electronic 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 2024, acquiring 381 billion U.S. dollars in sales.
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Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter
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Statista. (March 26, 2025). Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter [Graph]. In Statista. Retrieved June 26, 2025, from https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/
Statista. "Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter." Chart. March 26, 2025. Statista. Accessed June 26, 2025. https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/
Statista. (2025). Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter. Statista. Statista Inc.. Accessed: June 26, 2025. https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/
Statista. "Number of Stores of Leading Consumer Electronics Retailers Worldwide in 2022 and 2024, by Headquarter." Statista, Statista Inc., 26 Mar 2025, https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/
Statista, Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter Statista, https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/ (last visited June 26, 2025)
Number of stores of leading consumer electronics retailers worldwide in 2022 and 2024, by headquarter [Graph], Statista, March 26, 2025. [Online]. Available: https://www.statista.com/statistics/1177698/number-of-stores-of-leading-ce-retailers-worldwide-by-headquarter/