---
title: "Electronics retail infographic: Industry pulse, challenges and fraud risks"
date: 2023-01-03T16:28:00+00:00
author: Elektra Murphy
canonical_url: "https://www.ravelin.com/infographics/electronics-fraud-infographic"
section: Infographics
---
INDUSTRY PULSE, CHALLENGES AND FRAUD RISKS…

# Electronics retail

The electronics retail market refers to the sale of communication equipment, computer hardware and software, consumer electronics and household appliances.

## INDUSTRY SIZE & GROWTH

GLOBAL ELECTRONICS MARKET PREDICTED GROWTH

THE ELECTRONICS MARKET IS EXPECTED TO REACH $2074 BILLION IN 2033.

# Electronic industry

## trends & challenges

FRAUDSTERS LOVE ELECTRONICS. CONSUMER ELECTRONICS ARE HIGH IN VALUE, HIGH IN DEMAND AND PERFECT FOR RESALE.

Prices at an all time high

The trend towards premium devices and demand for better features is cause prices to skyrocket.

## GLOBAL CHIP SHORTAGE

THE GLOBAL CHIP SHORTAGE IS DISRUPTING SUPPLY CHAINS FOR ELECTRONIC DEVICES, FROM GAMING CONSOLES TO SMART FRIDGES.

## STRUGGLE WITH COUNTERFEIT GOODS

PERCENTAGE OF ELECTRONICS RETAILERS THAT RANKED THE BELOW FRAUD TYPES AS COSTING THE MOST FOR THEIR BUSINESS

22%

Promo abuse

24%

Account takeover (ATO)

26%

Refund abuse

31%

Fraudulent chargebacks

55%

Online payment fraud

# FRAUD GROWTH

### PERCENTAGE OF ELECTRONICS MERCHANTS SEEING AN INCREASE IN FRAUD TYPES

## ACCOUNT TAKEOVER

### IN THE LAST 12 MONTHS WHAT PERCENTAGE OF ALL RETURNS OR REFUNDS DO YOU ESTIMATE TO BE A RESULT OF ABUSE OF POLICY?

![Electronic retail account takeover](https://storage.googleapis.com/ravelin-website-assets-production/assets/images/_1066x823_fit_center-center_none_ns/169411/electronic-retail-account-takeover.webp)

# WHAT DO FRAUD TEAMS IN ELECTRONICS RETAILERS LOOK LIKE?

Is your fraud team growing?

59%

Expect their fraud team to grow

18%

Believe this will be significant

What about budgets?

81%

Electronics merchants are expecting to see their budget grow

#### Supercharge your fraud strategy in 2026

Equip your team with cutting-edge fraud solutions and scale easily.

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