Wholesale Electronic Markets and Agents and Brokers Market Report 2025

The wholesale electronic markets and agents and brokers market size has grown strongly in recent years. It will grow from $2.51 trillion in 2024 to $2.67 trillion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to globalization of supply chains, e-commerce and online trading platforms, market transparency and information access, efficiency in order processing, diverse product offerings.

The wholesale electronic markets and agents and brokers market size is expected to see strong growth in the next few years. It will grow to $3.3 trillion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to shift towards sustainable and ethical sourcing, integration of artificial intelligence (ai), expansion of cross-border trade, real-time data analytics and insights, collaborations and partnerships. Major trends in the forecast period include integration of 5g technology, customization and personalization in services, cybersecurity measures for data protection, collaboration with technology startups, shift towards data-driven decision-making.

The increasing demand for consumer electronics is expected to drive the growth of the wholesale electronic markets and agents and brokers market in the future. Consumer electronics encompass any electronic products intended for everyday, non-commercial, or professional use by consumers. The rising demand for consumer electronics, particularly for computers and televisions, is likely to benefit wholesale electronic markets, as well as agents and brokers, who specialize in buying new products in bulk for resale at wholesale prices, as well as purchasing used electronics for recycling or resale. For example, in February 2022, Deloitte Touche Tohmatsu Limited, a UK-based professional services network that offers audit, consulting, tax, and advisory services globally, reported that over the past three years, consumer electronics sales worldwide have experienced varying growth rates. Specifically, sales of computers rose by 34%, TV sets by 12%, and smartphones by 1%. Thus, the increasing demand for consumer electronics is fueling the growth of the wholesale electronic markets and agents and brokers market.

The expansion of international trade is expected to drive the growth of the wholesale electronic markets and agents and brokers market in the future. International trade involves the exchange of goods and services across national borders. Wholesale electronic markets and agents and brokers facilitate international trade by connecting buyers and sellers, streamlining transactions, and providing efficient market access. For example, in June 2024, the Bureau of Economic Analysis (BEA), a US-based government agency, reported that average exports increased by $10.2 billion, while average imports rose by $13.1 billion from April 2023. Thus, the growth of international trade is propelling the wholesale electronic markets and agents and brokers market.

The prevailing trend in the wholesale electronic markets and agents and brokers market is the emergence of product innovations. Leading companies within this market segment are actively engaged in the development of innovative products to enhance their market positions. For example, in January 2023, goTRG, a supply chain management company based in the United States, introduced goWholesale, a new platform that leverages real-time data. Designed to facilitate the buying and selling of new, refurbished electronics, and premium wholesale items, goWholesale offers unique features such as a shipment visualization tool, location selection, and a price history tool. The platform aims to provide a sophisticated, open, and game-such as purchasing experience.

Major players in the wholesale electronic markets, agents, and brokers market are directing their efforts toward the development of technologically advanced platforms that utilize internal wholesale technology to streamline processes and gain a competitive edge. Internal wholesale technology refers to proprietary systems or platforms that enhance wholesale processes, integrating technology solutions to improve operational efficiency. In October 2023, Heffernan Insurance Brokers, an independent insurance agency in the United States, launched HIB Marketplace, an internal wholesale technology powered by Semsee Corp. This platform, leveraging Heffernan's strengths, features a fully automated quote or bind and invoicing system, with a focus on cyber business. The system is seamlessly integrated with EPIC, reducing double entry, calculating surplus lines taxes or fees, and providing immediate invoicing upon binding.

In March 2022, Consolidated Electronic Distributors Corp. (CED Marine), a technical distributor of marine electronics based in the United States, acquired certain assets of Jaytron Marine Electronics for an undisclosed sum. This strategic acquisition is expected to accelerate CED Marine's growth in revenues and dealer base. Jaytron Marine Electronics, a wholesale distributor of electronic parts and communications equipment, adds value to CED Marine's portfolio through this acquisition.

Major companies operating in the wholesale electronic markets and agents and brokers market include KIKO Wholesale Group, Direct Liquidation LP, Esi Enterprises Inc., F&E Trading LLC, Yonida International Trading Corp., Nirah Distributors, SSW Wholesale, Global Mobiles Inc., Mibetec U.S. Inc., Link Distribution, Ambar Distributors LLC, Arrow Electronics Inc., Avnet Inc., Future Electronics Inc., Petra Industries, Benz Dealz LLC, goTRG, Consolidated Electronic Distributors Corp., D&H Distributing Co., Ingram Micro Inc., Synnex Corporation, Tech Data Corporation, ScanSource Inc., BlueStar Inc., Almo Corporation, Jenne Inc., SED International Holdings Inc., ASI Corp., Dicker Data Ltd., Westcon-Comstor.

Asia-Pacific was the largest region in the wholesale electronic markets and agents and brokers market in 2024. The regions covered in the wholesale electronic markets and agents and brokers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wholesale electronic markets and agents and brokers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Wholesale electronic markets, agents, and brokers represent a sector within an industry that facilitates the sale of electronic items owned by others, typically for a fee or commission. They operate on behalf of customers or sellers in the wholesale distribution of goods, particularly in situations where buyers and sellers are connected through the internet or other electronic channels.

The primary products associated with wholesale electronic markets, agents, and brokers include electronic devices and home appliances. Electronic devices are components that regulate the flow of electrical currents for information processing and system control purposes. Wholesale traders in this sector supply these devices to retailers and dealers. The technologies involved encompass various types, including near-field communication (NFC), magnetic secure transmission (MST), artificial intelligence, virtual reality technology, generation PCL technology, and others. These technologies are distributed through different channels, both online and offline.

The wholesale electronic markets and agents and brokers market research report is one of a series of new reports that provides wholesale electronic markets and agents and brokers market statistics, including wholesale electronic markets and agents and brokers industry global market size, regional shares, competitors with a wholesale electronic markets and agents and brokers market share, detailed wholesale electronic markets and agents and brokers market segments, market trends and opportunities, and any further data you may need to thrive in the wholesale electronic markets and agents and brokers industry. This wholesale electronic markets and agents and brokers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wholesale electronic markets and agents and brokers market includes revenues earned by entities through business-to-business electronic markets and agents, merchant wholesalers, wholesale trade agents, and brokers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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