Global Electronics market
Market development
eCommerce revenue development in the global Smartwatches market
The global Smartwatches eCommerce market is expected to increase over the next years. It is predicted to reach US$11,057.1 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 9.4%. The Smartwatches eCommerce market is a sub-market of the Telecommunications market and accounts for 3.6% within this market. Further categories within the Telecommunications market are: Other Telecommunications and Smartphones.
eCommerce revenue development in the global Smartwatches market
eCommerce revenue growth in the global Smartwatches market
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 18.3 | 43.5 | 72.5 | 21.2 | 23.3 | 75.0 | 69.6 | 62.4 |
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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