Electronics market in Qatar
The Qatari Electronics eCommerce market is predicted to reach US$87.0 million by 2023 and accounts for 22.7% of the total eCommerce market in Qatar. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 1.3%, resulting in a projected market volume of US$91.7 million by 2027. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Smartwatches market in Qatar
The Qatari Smartwatches eCommerce market is predicted to reach US$1.2 million by 2023 and accounts for 4.5% of the Telecommunications eCommerce market in Qatar. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 4.3%, resulting in a projected market volume of US$1.4 million by 2027. The Smartwatches eCommerce market is a sub-market of the Telecommunications market. Further categories within the Telecommunications market are: Other Telecommunications, and Smartphones.
eCommerce revenue development in the Smartwatches market in Qatar
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Smartwatches market in Qatar
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 4.3 | 30.1 | 2.3 | 49.5 | 20.4 | 38.3 | 21.4 | 56.8 |
AOV (in US$) | 0.6 | 1.0 | 0.6 | 0.5 | 0.9 | 0.1 | 0.7 | 0.9 |
CVR (in %) | 48.7 | 2.1 | 79.3 | 19.8 | 75.0 | 64.0 | 56.9 | 44.6 |
Market definition
Definition of the Smartwatches market within the Electronics market
Market definition: Electronics > Consumer Electronics > Telecommunications > Smartwatches The category Smartwatches includes the online trade of smartwatches (e.g. apple watch, samsung galaxy watch, huawei watch) and smartwatch accessories (e.g. wristbands and straps, charging and docking stations). This category does not cover smartphone devices (e.g. iphone, samsung galaxy, xiaomi redmi) and fitness trackers (e.g. fitbit, amazfit). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Smartwatches (e.g. Apple Watch, Samsung Galaxy Watch, Huawei Watch)
- Smartwatch Accessories (e.g. wristbands and straps, charging and docking stations)
Out-of-scope
- Smartphone devices (e.g. iPhone, Samsung Galaxy, Xiaomi Redmi)
- Fitness trackers (e.g. Fitbit, Amazfit)
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