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Ingxelo ye-Cooig Trend kuMthengi we-Electronics: Okthobha 2023

Isiqulatho
Isishwankathelo sehlabathi
Category x geo overview
Subcategory x geo overall
Regional YoY top-growing subcategories

Isishwankathelo sehlabathi

In October 2023, Consumer Electronics saw a year-over-year (YoY) increase of approximately 3.5% in Daily Unique Visitor (DUV) when compared to October 2022. This trend was consistent across all regions. Notably, the EU region had the strongest YoY growth.

Daily Unique Visitor

Category x geo overview

October 2023 saw a boom in entertainment electronics, with Television, Home Audio, Video & Accessories skyrocketing 68% YoY DUV globally. Other categories like Chargers, Batteries & Power Supplies, Speakers & Accessories, and Mobile Phone & Accessories also enjoyed healthy growth of 10%-15% YoY. 

Global Daily Unique Visitors

US & Mexico top-growing categories

US and Mexican electronics markets saw strong YoY DUV growth in October 2023, with Television, Home Audio, Video & Accessories (+68%) and Speakers & Accessories (+40%) leading the pack. Portable Audio, Video & Accessories, Blockchain Miners, and Mobile Phone & Accessories also had a strong increase (+20%). 

usmx-daily-unique-visitors

EU top-growing categories

The EU electronics markets recorded strong YoY DUV growth in October 2023, with Television, Home Audio, Video, and Accessories (+60%) and Portable Audio, Video, and Accessories (+60%) leading the way. Speakers and Accessories, Chargers, Batteries and Power Supplies, Earphones and Headphones and Accessories, and Mobile Phone and Accessories also experienced growth of more than 20%. 

EU Daily Unique Visitors

South Asia top-growing categories

The SA electronics market continued its strong YoY DUV growth in October 2023, driven by strong demand for Television, Home Audio, Video, and Accessories, which saw a 78% increase. Mobile Phone & Computer Repair Parts (25%) and Mobile Phone & Accessories (24%) also saw strong growth. 

SA Daily Unique Visitors

In conclusion, the surge in Television, Home Audio, Video & Accessories across the globe in 2023 underscores a clear opportunity. 

Subcategory x geo overall

The table below highlights the top 20 subcategories in electronics that experienced the highest YoY growth globally. Here’s the quick breakdown:

  • Mobile Technology: Rugged phones, Smart phones, and Feature phones dominate the top three spots with astronomical YoY increases exceeding ~1000%. Mobile Phone Repair Tools & Equipments also had ~480% surge. 
  • Lifestyle Electronics: Speaker Stands, Speaker Cables, and Speaker Accessories also see impressive growth, suggesting rising demand for home entertainment upgrades and convenience.
  • Tech Gear: Printers & Scanners, Mouse Pads, Smart GPS Trackers & Locator, Servers, Networking Storage, Monitors, and Battery Accessories all show strong YoY increases, indicating continued demand for basic tech necessities.
  • Connectivity: Mobile Phone Chargers, Other Networking Devices, and Multifunction chargers demonstrate health growth, highlighting the importance of staying connected.
Uluhlu OluphezuluInkqutyanaGlobal YoY
1Ifowuni enqabileyo9401%
2Ifowuni efanelekileyo1787%
3Ifowuni yophawu998%
4Isithethi Somlomo725%
5Mobile Phone Repair Tools & Equipments479%
6Digital Gift Card268%
7Cables Somlomo239%
8Iiprinta kunye nezikena168%
9Iipads zeMouse125%
10I-Smart GPS Tracker kunye ne-Locator117%
11Seva108%
12Izincedisi zesithethi95%
13Networking Storage94%
14Amashishini89%
15Abahloli88%
16Izixhobo zebhetri88%
17Ukukhutshwa kweShutter80%
18Iitshaja zeefowuni eziphathwayo80%
19Other Networking Devices74%
20Multifunction Chargers62%

Regional YoY top-growing subcategories

Surging Segments:

  • Rugged phones: Dominate across all regions, with USMX leading at 6231% and EU following at 2131%. This points to a strong demand for durable and reliable communication devices.
  • Smartphones & Feature phones: See impressive growth in all regions, indicating continued smartphone adoption and upgrades.
  • Digital gift cards: Enjoy widespread popularity across all regions (USMX: 245%, SA: 292%, EU: 234%), indicating their continued relevance as a gifting option.

Other noteworthy trends:

  • Routers: SA takes the spotlight with a 2265% surge, likely driven by increased reliance on remote work and online entertainment.
  • Mobile phone repair tools & equipment: See notable increases in both USMX (445%) and EU (324%), highlighting the importance of device maintenance.
  • Home video & accessories: SA showcases a 322% YoY rise, potentially driven by renewed interest in home entertainment.
  • MP3 playersand MP3 Bags & Cases: See strong increases in both EU (447%) and USMX (192%).
Uluhlu OluphezulugeoInkqutyanaYoY
1USMXIfowuni enqabileyo6231%
2SAI Routers2265%
3SAIsipili esihlakaniphile2212%
4EUIfowuni enqabileyo2131%
5USMXIfowuni efanelekileyo2078%
6EUIfowuni efanelekileyo1695%
7SAIiprinta775%
8USMXIfowuni yophawu744%
9SAIfowuni yophawu616%
10SAMobile Phone Motherboard548%
11EUIfowuni yophawu500%
12EUMP3 Abadlali447%
13USMXMobile Phone Repair Tools & Equipments445%
14USMXIsithethi Somlomo355%
15SAimpuku338%
16EUMobile Phone Repair Tools & Equipments324%
17SAIvidiyo yasekhaya kunye nezixhobo322%
18SADigital Gift Card292%
19USMXDigital Gift Card245%
20EUDigital Gift Card234%
21USMXMP3 Bags & Cases231%
22USMXMP3 Abadlali192%
23SACwangcisa ibhokisi ephezulu173%
24EUIintonga zeTV166%
25USMXIzincedisi zesithethi157%
26SACables Somlomo149%
27SAI-Smart Display130%
28SAIipeni zeStylus117%
29SAIibhendi zokubukela okuSmart & nezincedisi116%
30EUIzincedisi zesithethi98%

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