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 Telecommunications market in Mongolia
The Mongolian Telecommunications eCommerce market is predicted to reach US$17.7 million by 2024 and accounts for 46.2% of the Consumer Electronics 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 24.9%, resulting in a projected market volume of US$43.1 million by 2028. The Telecommunications eCommerce market is a sub-market of the Consumer Electronics market. Further categories within the Consumer Electronics market are: Audio, Cameras, Computing, Fitness Trackers, Game Consoles, Other Consumer Electronics, Printers & Scanners, and TV & Video.
eCommerce revenue development in the Telecommunications market in Mongolia
eCommerce revenue growth in the Telecommunications market in Mongolia
Net eCommerce revenue split by sub-category
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
| Growth (in %) | 45.9 | 42.9 | 84.4 | 52.8 | 93.3 | 95.3 | 72.3 | 74.3 | ||||
| as of Consumer Electronics (in %) | 91.9 | 92.2 | 91.8 | 91.7 | 92.0 | 91.8 | 91.8 | 91.7 | 91.7 | 91.6 | 91.6 | 91.5 |
Market definition
Definition of the Telecommunications market within the Electronics market
Market definition: Electronics > Consumer Electronics > Telecommunications The category Telecommunications includes the online trade of smartphones and accessories (e.g. smartphone devices, refurbished and pre-owned phones, smartphone cases), smartwatches (e.g. smartwatch devices, wristbands and straps) and phones (e.g. landline phones, cordless phones). This category does not cover computer, TVs or cameras. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Smartphones and accessories (e.g. smartphone devices, refurbished and pre-owned phones, smartphone cases)
- Smartwatches (e.g. smartwatch devices, wristbands and straps)
- Phones (e.g. landline phones, cordless phones)
Out-of-scope
- Computer
- TVs
- Cameras
- Headphones
- Loudspeakers
- Printers
- Game consoles
Market comparison
The Mongolian Telecommunications 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