Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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Morocco In-Car Entertainment
In-Car Entertainment in Morocco In-car entertainment is expected to register further volume decline in Morocco in 2024, with in-car navigation in particular performing badly. There is growing obsolescence, as new cars come equipped with integrated in-car entertainment, reducing the need for separate ... Read More
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Spain Home Audio and Cinema
Home Audio and Cinema in Spain The market for home audio and cinema in Spain is expected to face a continued decline in demand in 2024, driven by technological advancements and evolving consumer preferences. Younger consumers, in particular, especially those living in urban areas with limited living ... Read More
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South Korea Imaging Devices
Imaging Devices in South Korea Demand for imaging devices has been declining for many years in South Korea, and this trend is expected to continue into 2024. With advances in smartphone technology, there growing consensus that the camera functionalities of smartphones now rival those of entry-level ... Read More
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Morocco Home Audio and Cinema
Home Audio and Cinema in Morocco Although the overall demand for home audio and cinema systems is expected to see little to no growth in retail volume terms in 2024, certain devices such as soundbars prove to be an exception. They continue to sell well and are seen as an affordable upgrade to enhanc ... Read More
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Israel In-Car Entertainment
In-Car Entertainment in Israel In-car entertainment is likely to continue its trajectory in Israel over 2024 and see a further contraction of sales in value and volume terms as consumers back off from buying new cars and/or updating the equipment in older vehicles. A lack of consumer confidence and ... Read More
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South Korea In-Car Entertainment
In-Car Entertainment in South Korea The market for in-car entertainment in South Korea is set to see a significant decline in retail volume terms in 2024, continuing the trend established during the review period. In-car navigation systems are being replaced by high-tech, factory-installed infotainm ... Read More
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Portugal Headphones
Headphones in Portugal TWS earbuds were the primary driver of volume growth in headphones in Portugal in 2024. The increase in outdoor activities and the return to offices post-pandemic have boosted the use of these devices for listening to music and podcasts, making calls or participating in meetin ... Read More
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Nigeria Wearable Electronics
Wearable Electronics in Nigeria Unlike most product areas within consumer electronics in Nigeria, wearable electronics is set to record strong growth in retail volume sales in 2024. The health and wellness trend is a significant driver of smart wearable growth. Increasing concerns over health issues ... Read More
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Nigeria Home Audio and Cinema
Home Audio and Cinema in Nigeria In 2024, home audio and cinema systems in Nigeria is significantly affected by inflationary pressures. Most consumers are directing their resources towards essential goods, leading to a pronounced decline in demand for home audio and cinema systems as purchasing powe ... Read More
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Morocco Headphones
Headphones in Morocco Headphones in Morocco is expected to register positive volume growth. This growth is expected to be driven by TWS earbuds, which is still an immature segment, with relatively low penetration. Consumers see TWS earbuds as providing a high quality sound, reliable signal and also ... Read More
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Saudi Arabia Wearable Electronics
Wearable Electronics in Saudi Arabia Saudi Arabia’s young techno-savvy population is the largest in the country’s history and is the driving force behind sales of wearable electronics. Young consumers are always looking for something new and unique and are growing more discerning about the technolog ... Read More
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Israel Headphones
Headphones in Israel Headphones is set to see volume sales rise in Israel in 2024. The headphones category, particularly TWS buds, has appeared to be immune from consumer price sensitivity over 2024 as prices have not decreased and neither have price promotions been much in evidence during the year. ... Read More
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Nigeria Imaging Devices
Imaging Devices in Nigeria In 2024, the high cost of living and inflationary pressures are significantly impacting the demand for imaging devices in Nigeria. The steep rise in prices has led to a strong decline in the sales of imaging devices, as consumers' purchasing power has been eroded. Even pro ... Read More
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Portugal Consumer Electronics
Consumer Electronics in Portugal Portable consumer electronics, including smartphones, wearables, and headphones, performed well in 2024. This growth was driven by the premiumisation trend, which sees local consumers opt for higher-end models with advanced features. Euromonitor International's Consu ... Read More
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Saudi Arabia Consumer Electronics
Consumer Electronics in Saudi Arabia Consumer electronics in Saudi Arabia is positively impacted by rising GDP and growing consumer confidence, supporting an upbeat performance in volume and current value growth. It is one of the fastest growing industries in the country underpinned by digitalisatio ... Read More
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World Market for Consumer Electronics
World Market for Consumer Electronics The shift towards profitability-focused business strategies will propel rapid growth in retail value sales of consumer electronics between 2024 and 2029, driven primarily by portable devices like TWS earbuds, smart wearables and smartphones. Euromonitor Internat ... Read More
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Norway In-Car Entertainment
In-Car Entertainment in Norway Volume sales for in-car entertainment are expected to fall in Norway in 2024, particularly for in-car navigation. There is growing obsolescence in in-car navigation, as new cars come equipped with integrated in-car entertainment, reducing the need for separate purchase ... Read More
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The Philippines Imaging Devices
Imaging Devices in the Philippines Imaging devices in the Philippines experienced a huge decline in demand during the review period with this pattern continuing into 2024. Social media platforms like Instagram and TikTok have revolutionised the way consumers approach photography and videography, sig ... Read More
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Argentina Imaging Devices
Imaging Devices in Argentina The volume of sales in imaging devices has been falling steadily for more than a decade. This ongoing decline in 2023 and 2024 is not solely due to the economic recession but also to shifting consumption patterns. The primary reason for the downturn is the increased attr ... Read More
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Turkey Home Audio and Cinema
Home Audio and Cinema in Turkey In 2024, the negative trend in volume sales of home audio and cinema products in Turkey continues, reflecting a persistent decline observed in previous years. Hi-fi systems and digital media player docks face diminishing popularity, increasingly viewed as outdated by ... Read More
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Poland Home Audio and Cinema
Home Audio and Cinema in Poland Home audio and cinema in Poland is expected to register volume decline. This represents a continuation of the downward trend established over the review period. This shift is due to household preferences moving away from home audio and cinema towards more compact and ... Read More
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The Netherlands Imaging Devices
Imaging Devices in the Netherlands Imaging devices in the Netherlands are expected to see a double-digit percentage volume decline, as smartphones continue to steal volume share. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consum ... Read More
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Malaysia Home Audio and Cinema
Home Audio and Cinema in Malaysia Overall, retail sales of home audio and cinema in Malaysia are projected to continue to decline in volume and current value terms in 2024. The category is dominated by hi-fi systems and home cinema and speaker systems, but the demand for these products is being unde ... Read More
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Argentina In-Car Entertainment
In-Car Entertainment in Argentina In 2023 and the first half of 2024, almost every category and sub-category in consumer electronics in Argentina experienced negative growth, and in-car entertainment is no exception. The volume of sales of in-car navigation devices, in-car speakers, and in-dash medi ... Read More
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Hungary In-Car Entertainment
In-Car Entertainment in Hungary In Hungary, demand for in-car entertainment products continues to decline in 2024. Consumers are accustomed to the standard electronic equipment available in cars and have limited need for upgrades. In addition, there is a strong tendency towards the use of smartphone ... Read More
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