In-car entertainment in Colombia is seeing double-digit volume decline in 2023 as these products become ever more obsolete as the technology and functionality of smartphones improves. Most smartphones currently available have a preinstalled navigation system boasting the same level of accurate precision found in in-car navigation devices. The biggest difference is that when it comes to smartphones, consumers need only purchase and carry around one device, which has a host of functions, meaning m...
Euromonitor International's In-Car Entertainment in Colombia report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Product coverage: In-Car Navigation, In-Car Speakers, In-Dash Media Players.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the In-Car Entertainment market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
In-Car Entertainment in Colombia
Euromonitor International
July 2023
List Of Contents And Tables
IN-CAR ENTERTAINMENT IN COLOMBIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Double-digit decline in 2023 as smartphone technology improves
In-car navigation loses relevance as car manufacturers incorporate GPS into new vehicles
Pioneer Colombia SA leads a category in sharp decline
PROSPECTS AND OPPORTUNITIES
Despite technological limitations, innovative products could help relieve stagnation
Smartphones continue to threaten all three product areas, especially in-car navigation
Reliance on e-commerce will increase as physical retailers’ enthusiasm continues to wane
CATEGORY DATA
Table 1 Sales of In-Car Entertainment by Category: Volume 2018-2023
Table 2 Sales of In-Car Entertainment by Category: Value 2018-2023
Table 3 Sales of In-Car Entertainment by Category: % Volume Growth 2018-2023
Table 4 Sales of In-Car Entertainment by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of In-Car Entertainment: % Volume 2019-2023