Global Electronics market
The global Electronics eCommerce market is expected to increase over the next years. It is predicted to reach US$1,097,823.2 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.4%. ECDB considers the following two sub-markets within the Electronics market: Consumer Electronics and Electrical Appliances. Consumer Electronics is the largest sub-market and accounts for 60.6% of the global Electronics market.
Market development
eCommerce revenue development in the global Smartphones market
The global Smartphones eCommerce market is expected to increase over the next years. It is predicted to reach US$246,560.5 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.2%. The Smartphones eCommerce market is a sub-market of the Telecommunications market and accounts for 89.2% within this market. Further categories within the Telecommunications market are: Other Telecommunications and Smartwatches.
eCommerce revenue development in the global Smartphones market
eCommerce revenue growth in the global Smartphones market
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 68.2 | 88.8 | 15.2 | 11.0 | 26.9 | 90.6 | 24.1 | 29.3 | ||||
as of Telecommunications (in %) | 2.5 | 2.4 | 2.6 | 2.6 | 2.7 | 2.7 | 2.7 | 2.8 | 2.7 | 2.8 | 2.8 | 2.8 |
Market definition
Definition of the Smartphones market within the Electronics market
Market definition: Electronics > Consumer Electronics > Telecommunications > Smartphones The category Smartphones includes the online trade of smartphone devices (e.g. iphone, samsung galaxy, xiaomi redmi) and smartphone cases and accessories (e.g. phone cases and covers, screen protectors). This category does not cover phones (e.g. landline phones, cordless phones, fritz phones) and fitness trackers. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Smartphone devices (e.g. iPhone, Samsung Galaxy, Xiaomi Redmi)
- Smartphone cases and accessories (e.g. phone cases and covers, screen protectors)
Out-of-scope
- Phones (e.g. landline phones, cordless phones, fritz phones)
- Fitness trackers
Market comparison
The Global Smartphones market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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