The demand for consumer electronics is booming in direct proportion to technological advancement. Since technology has become an inevitable part of our daily routine, more companies are launching products that are technologically advanced while being easier to use. 

All top eCommerce companies selling electronics have played a role in shaping the industry. They are not overnight successes but have come into being after dedicated years of hard work. Here are the top nine consumer electronic stores that have made a mark in the industry. 

1. Apple
‍

Founders: Steve Jobs, Steve Wozniak, Ronald Wayne
Location: Cupertino, California, US
Founded in: 1976
Monthly Unique Visitors: 30,972,275
Order Volume: >50,000
Web Sales: >$5B

Apple is an American multinational technology company with around 500+ retail stores in 25 countries and online stores for software and hardware products. 

Steve Jobs and Steve Wozniak launched the first personal computer in a garage. Post that, the second computer became a great success with the developed graphic user interface, making Apple the first successful computer company.

Apple is famous for its innovative technology and stylish products. Its consumer products include smartwatches, Macs, iPhones, iPad, AirPods, AppleTV, Home pods, etc.

This company is also one of the big Five American Technology companies alongside Alphabet, Meta, Amazon, and Microsoft.

2. Samsung Electronics
‍

Founder: Lee Byung-Chul
Location: Ridgefield Park, New Jersey, US
Founded in: 1938
Monthly Unique Visitors: 5,635
Order Volume: 1000-5000
Web Sales: $10M-$25M

Samsung is a top online eCommerce brand dealing in consumer electronics. Apart from electronics, it has diversified into different fields like food processing, insurance, securities, textiles, and retail.

Samsung began as a grocery trading store, and now it is one of the largest producers of electronic devices. Furthermore, when it launched the Galaxy Series in 2001, it became a global sensation in the world of mobiles and was one of its best-selling products. 

3. Huawei
‍

Founders: Ren Zhengfei
Location: Plano, Texas, US
Founded in: 1987
Monthly Unique Visitors: 10,632,169
Web Sales: $1M-$5M

Huawei is a multinational company with products and services expanded in more than 170 countries serving 3B+ people worldwide. It is an employee-owned company, i.e., the employees own the company's stocks.

With most of its employees working in research and development, its mission is to help all the industries become efficient and agile and give consumers the intelligence experience across home, travel, office, entertainment, and health and fitness. 

Huawei was first created to produce telephone exchange switches in 1980. Since then, it has expanded to other fields of telecommunication networks, including mobile, fixed broadband networks, consultancy, and managed services, tablets, computers, dongles, smart TV, EMUI, etc.

4. HP Inc.
‍

Founders: Bill Hewlett, David Packard
Location: Palo Alto, California, US
Founded in: 1939
Monthly Unique Visitors: 9,990,298
Order Volume: >50,000
Web Sales: $1B-$5B

Formerly known as Hewlett-Packard, HP Inc. is a leading producer of personal computers, printers, and laptops. 

HP was created and operated in the HP garage. In 2015, it was split into two companies, HP Inc. and Hewlett-Packard enterprise. 

In the early days, HP created audio oscillators and instruments, which were fused by the famous Walt Disney. Hewlett-Packard entered the industry of personal computers in the 1980s, and its laser jet printer dominated the computer printer sector.

Today, its product line consists of personal computers, 3D printers, workstations, calculators, fuses, peripheral devices, copiers, monitors, etc.

5. LG
‍

Founder: Koo In-Hwoi
Location: Illinois, US
Founded in: 1958
Monthly Unique Visitors: 3,845,977
Web Sales: >$5B

LG Electronics, a part of the LG Group, is the world's second-largest TV manufacturer after Samsung. 

LG has spread its wings in 142+ local subsidiaries worldwide, including four business units: home appliances, mobile, home entertainment, and vehicle components. However, in 2021, LG announced its discontinuation in the mobile industry.

6. Panasonic
‍

Founder: Konosuke Matsushita
Location: Newark, New Jersey, US
Founded in: 1918
Monthly Unique Visitors: 2,166,392
Order Volume: >50,000
Web Sales: $1B-$5B

Panasonic began with the mission of contributing to the development of society by manufacturing useful and affordable products and services of superior quality. It was initially a lightbulb socket manufacturer.

Panasonic's wide range of products includes air conditioners, refrigerators, washing machines, mobiles, audio equipment, cameras, aircraft in-flight entertainment systems, etc.

7. Lenovo
‍

Founder: Liu Chuanzhi (along with 10 other engineers)
Location: North Carolina, US
Founded in: 1984
Monthly Unique Visitors: 7,327,106
Order Volume: >50,000
Web Sales: $1B-$5B

Lenovo is a multinational company serving 130+ markets with operations in 60+ countries and selling products in more than 180 countries. Formerly known as Legend, Lenovo is listed under Fortune Global 500 Technology Companies.

Lenovo's '3S' strategy entails Smart IoT, Smart Infrastructure, and Smart Vehicles, which facilitate the delivery of service-led transformation. Its product line includes desktop computers, laptops, tablets, smartphones, supercomputers, electronic storage devices, and Smart TVs.

8. Nokia
‍

Founders: Fredrik Idestam, Leo Mechelin, Eduard Polon
Location: Georgia, USA
Founded in: 1865
Monthly Unique Visitors: 1,828,429
Order Volume: >50,000
Web Sales: $500M-$1B

Nokia, a telecommunication, information technology, and consumer electronics company, began as a pulp mill and continued its operations with rubbers and cables for a long period. Now it has expanded into various industries in 130+ countries.

This company made the world's first GSM phone, and the Nokia 3310 was considered unbreakable.

Nokia's mobile phone business has given it immense success and is the largest worldwide company from Finland. Its products include mobile phones, laptops, smart TVs, streaming devices, WiFi, headphones, etc.

9. Asus

Founder: T. H. Tung, Ted Hsu, Wayne Hsieh and M.T. Liao
Location: California, USA
Founded in: 1989
Monthly Unique Visitors:  7,911,452
Order Volume: >50,000
Web sales: $250M-$500M
‍

Asus is a Taiwanese technology-oriented and innovation-driven consumer electronics company. Despite its various technology products, Asus is known for its monitors, graphic cards, and routers.

But above all, it is famous for its latest and most powerful chipset motherboards, which are leading in the sector with approximately 40% market share. 

Additionally, its product portfolio includes mobile phones, specialized laptops, computers and their components, routers, projectors, graphic cards, sound cards, etc.

Conclusion

It is estimated that customers will spend $505B on consumer electronics in 2022. Top consumer electronics stores are investing an enormous amount of money in research and development, which will result in more innovative technology products in the near future.