Electronics market in Mongolia
The Mongolian Electronics eCommerce market is predicted to reach US$56.4 million by 2024 and accounts for 23.1% of the total eCommerce market in Mongolia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 24.4%, resulting in a projected market volume of US$135.3 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Digital Cameras market in Mongolia
The Mongolian Digital Cameras eCommerce market is predicted to reach US$0.6 million by 2024 and accounts for 41.0% of the Cameras eCommerce market in Mongolia. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 11.1%, resulting in a projected market volume of US$1.0 million by 2028. The Digital Cameras eCommerce market is a sub-market of the Cameras market. Further categories within the Cameras market are: Action Cameras, Camera Lenses, and Other Cameras.
eCommerce revenue development in the Digital Cameras market in Mongolia
eCommerce revenue growth in the Digital Cameras market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 32.5 | 42.6 | 1.5 | 34.2 | 12.2 | 60.2 | 21.1 | 87.5 |
Market definition
Definition of the Digital Cameras market within the Electronics market
Market definition: Electronics > Consumer Electronics > Cameras > Digital Cameras The category Digital Cameras includes the online trade of compact digital cameras, slr cameras, mirrorless cameras, and more. This category does not cover lenses (e.g. interchangeable camera lenses, specialty lenses), action cameras (e.g. gopro, dji, insta360) or camera accessories (e.g. camera bags, camera batteries and chargers, tripods, monopods, camera straps). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Compact digital cameras
- SLR cameras
- Mirrorless cameras
- Bridge cameras
Out-of-scope
- Lenses (e.g. interchangeable camera lenses, specialty lenses)
- Action cameras (e.g. GoPro, DJI, Insta360)
- Camera accessories (e.g. Camera Bags, Camera Batteries and Chargers, Tripods, Monopods, Camera Straps)
- Camera flashes and lighting equipment
Market comparison
The Mongolian Digital Cameras market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Headphones *
- Hifi Equipment *
- Bluetooth Loudspeakers *
- Other Loudspeakers *
- Other Audio *
- Action Cameras *
- Other Cameras *
- Other Computing *
- Fitness Trackers *
- Game Consoles *
- Game Console Accessories *
- Game Console Devices *
- Cartridges & Toners *
- Scanners *
- Other Printers & Scanners *
- Cases & Accessories *
- Smartwatches *
- Other Telecommunications *
- Media Boxes & Sticks *
- Other TV & Video *
- Other Household Appliances *
- Electric Toothbrushes *
- Hair Dryers *
- Shavers *
- Other Personal Care Appliances *
* Not available for the selected country