About Us · Events · / 2023-12-12 14:58:15

The Impact of Digitalisation on Electronic Components Distribution Industry


As the digital landscape continues to evolve, businesses are rapidly adapting to new paradigms, and the electronic components distribution industry is no exception. According to Straits Research, the global electronic components market size totalling USD 186.38 billion in 2022 is projected to hit USD 328.50 billion by 2031. The CAGR is forecast to be 6.5% during the forecast period (2023-2031). As the electronic component industry continues to flourish, let’s explore the heightened growth driven by the pervasive influence of digitalisation.

1. Adoption of Digital Platforms

Digital platforms have become the cornerstone of business operations nowadays, enabling them to expand their reach significantly. Recognising the power of these platforms, electronic component suppliers are also leveraging the advancements to ease the procurement process for businesses. This is achieved by developing user-friendly websites featuring clear layouts, straightforward menus, and intuitive features, all of which make it effortless for businesses to access the information they need.

2. Advanced Inventory Management Systems

Manual inventory management has become a thing of the past. Now, the electronic components distribution industry is embracing inventory management systems that leverage IT, CRM, and ERP technologies. These systems empower suppliers, including electronic components brokers, to monitor stock levels in real-time, and minimise the likelihood of overstocking or stockouts. For instance, CRM helps tailor inventory strategies to customer needs for greater satisfaction. By leveraging CRM databases, businesses can meticulously track and analyse customer preferences, purchase history, and behaviour patterns. These insights enable companies to create detailed customer profiles, gaining a profound understanding of their demands and preferences.

3. Streamlined Processes
Automation and digitisation have reduced the margin for errors, leading to greater efficiency and customer satisfaction. With streamlined processes, businesses find it easier to place orders, track shipments, and manage payments. This translates into a hassle-free experience for both businesses and their clients.

Explore the user-friendly experience of checking available stock on Briocean's website by navigating to the "Check Availability" page. Simply complete a form, providing details of the parts you need and your contact information. Expect a quotation from our sales team within 8 hours for a swift and efficient response.

4. Expanded Customer Reach
Electronic components suppliers with a strong online presence and a strategic approach to digital marketing can draw the attention of businesses worldwide. Showcasing their products and services on the internet allows them to connect with a broader audience, expanding opportunities for collaborations on innovative projects. Engaging actively on social media platforms enables suppliers to reach a diverse global audience. Consistently sharing updates, introducing new products, and offering engaging content fosters a community of potential clients and collaborator.


The embracement of digital platforms and online marketplaces is propelling the electronic component industry to evolve further, shaping a more dynamic future for businesses. This evolution is further enhanced by collaborating with reputable suppliers, empowering businesses to thrive in the ever-changing sector.

Learn more: Importance of Choosing a Reliable Electronic Components Distributor

Established in 2008, Briocean stands as a global leader among independent electronic component distributors, serving a wide array of industries. We are committed to providing comprehensive component-sourcing solutions tailored to various market conditions.

*The images utilized in this blog are for illustrative purposes and reference only, they may not represent actual real-life images or scenarios