Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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Canada Video Games
Video Games in Canada In 2023, video games in Canada experienced marginal growth following a decline in 2022 driven by the post-pandemic environment. While video games hardware witnessed volume declines, video games software, particularly digital formats, saw positive momentum. This growth was fuell ... Read More
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Argentina Video Games
Video Games in Argentina During 2023, despite economic contraction and very high inflation, video games in Argentina managed to post sales growth, both in current and constant value terms, as children continued to migrate to video games, away from traditional toys and games. In addition, a growing c ... Read More
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Thailand Video Games
Video Games in Thailand Video games in Thailand significantly outperformed traditional toys and games in retail value sales and growth terms in 2023, continuing the trend witnessed during the review period. Interest spiked in the wake of the Coronavirus (COVID-19) pandemic. Then, consumers were forc ... Read More
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Brazil Video Games
Video Games in Brazil Despite the economic scenario, video games in Brazil continued to grow in current value terms in 2023. Static consoles maintained retail volume and value growth as prices decreased. During the early launch phase of the current static console generation there were stock availabi ... Read More
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The United Arab EmiratesVideo Games
Video Games in the United Arab Emirates In 2023, video games in the United Arab Emirates recorded further dynamic growth, with winners and losers emerging in various categories. Among the fastest performers were AR/VR headsets and hand-held consoles, driven by the release of upgraded models with enh ... Read More
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South Korea Video Games
Video Games in South Korea In 2023, video games in South Korea experienced a notable current value decline. This turnaround, after years of growth, was propelled by various factors, foremost among them being the waning impact of COVID-19, which led to a resurgence in outdoor activities and reduced r ... Read More
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Indonesia Video Games
Video Games in Indonesia Video games in Indonesia saw an improved performance in 2023, when compared to the previous year. However the rate of current value growth remained significantly below the heights achieved in 2020 and 2021, largely due to individuals returning to their normal pre-pandemic li ... Read More
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The United Kingdom Video Games
Video Games in the United Kingdom Video games in the UK returned to value growth in 2023, following a marginal decline the previous year. The category experienced a surge in growth during the pandemic as many local consumers turned to video games as a form of entertainment when they were forced to s ... Read More
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Australia Video Games
Video Games in Australia Contrary to traditional toys and games, video games in Australia maintained strong double-digit growth in 2023, driven mainly by digital games. Unlike traditional toys, video games is far from reaching maturity in the local market as the category continues to successfully re ... Read More
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Mexico Video Games
Video Games in Mexico In 2023, a key driver of retail volume and value growth of video games in Mexico remained the creation of new titles. Such novelties have proven to be successfully in enticing consumers to make new purchases, while they also encourage in-game purchases. As such, there continued ... Read More
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Italy Video Games
Video Games in Italy Static consoles were a key driver of value growth in video games in Italy during 2023, as there had been a delay in product deliveries to Italy during and after the COVID-19 pandemic. Existing console brands are still perceived as relatively new by Italian gamers, despite being ... Read More
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Japan Video Games
Video Games in Japan Video games in Japan saw slow current value growth in 2023, with growth driven by video games hardware. Thanks to PlayStation 5 finally seeing a significant boost to its sales, this category saw a double-digit current value increase in 2023. Sony Interactive Entertainment strugg ... Read More
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France Video Games
Video Games in France Video games was the big winner in France in 2023, supported by the significant rebound in video games hardware sales, which successfully resolved supply chain challenges previously encountered with static consoles. Moreover, a surge in volume sales helped offset inventory issue ... Read More
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Singapore Video Games
Video Games in Singapore Video games in Singapore maintained dynamic, although slower, current value growth in 2023, with stronger growth for video games software than hardware. In light of the relentless pace of life in Singapore, consumers are increasingly drawn to games that offer a reprieve from ... Read More
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The Philippines Video Games
Video Games in the Philippines Video games continued to outperform traditional toys and games in 2023, with the category continuing to record healthy growth in current value terms despite the challenging market conditions. Nonetheless, the picture varied between the performance of video games hardwa ... Read More
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Video Games in France
Video Games in France Video games was the big winner in France in 2023, supported by the significant rebound in video games hardware sales, which successfully resolved supply chain challenges previously encountered with static consoles. Moreover, a surge in volume sales helped offset inventory issue ... Read More
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China Video Games
Video Games in China In 2023, video games in China exhibited a strong rebound, with a double-digit growth rate in current value terms. This resurgence can be attributed to several key factors. First, the normalisation of new game licenses in 2023 injected new vitality into the category, removing the ... Read More
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Spain Video Games
Video Games in Spain In 2023, video games in Spain saw a significant shift in the static console market after years of negative growth. Nintendo Switch had previously dominated, but this changed with the resolution of stock issues for PlayStation (PS). The introduction of the PS5 during the review p ... Read More
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Malaysia Video Games
Video Games in Malaysia Overall, video games saw current value growth in Malaysia in 2023. Sony’s PS4 and PS5 contributed to significant volume sales in static consoles in 2023, with sales supported by PS5 stock availability and also the availability of the newer version, PS5 slim model with detacha ... Read More
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The US Video Games
Video Games in the US In 2023, video games in the US saw insignificant current value growth. Nevertheless, video games software saw a stronger performance, and 2023 will go down in history as one of the biggest years for video games software. Major series titles such as Baldur’s Gate 3, Diablo 4, Al ... Read More
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Appliances and Electronics Specialists in Germany
Appliances and Electronics Specialists in Germany Despite a recovery to pre-pandemic value sales levels in 2022, driven by high inflation and pent-up demand for in-store shopping as mobility restrictions eased, appliances and electronics specialists in Germany returned to decline in 2023. This was i ... Read More
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Traditional and Connected Watches in Switzerland
Traditional and Connected Watches in Switzerland The Swiss market for traditional and connected watches, renowned globally for its high-quality timepieces, is undergoing an evolution characterised by an expanding interest in various watch types, transcending the boundaries of luxury. A notable addit ... Read More
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Appliances and Electronics Specialists in the US
Appliances and Electronics Specialists in the US In 2023, sales of appliances and electronics specialists in the US declined for a second year running in both current value terms and in value terms at constant 2023 prices. The inflationary environment led consumers to postpone discretionary purchase ... Read More
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Appliances and Electronics Specialists in Mexico
Appliances and Electronics Specialists in Mexico In 2023, appliances and electronics specialists in Mexico registered a positive growth rate in current value terms for a third consecutive year. Despite the end of pandemic, and with many workers still working on an hybrid basis, the demand for produc ... Read More
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Appliances and Electronics Specialists in Hong Kong, China
Appliances and Electronics Specialists in Hong Kong, China After the disruptions to value sales during the 2019 protests and pandemic in 2020, appliances and electronics specialists returned to current value growth in Hong Kong in 2021 and 2022. However, in 2023 appliances and electronics specialist ... Read More