Category: Consumer Electronics
Consumer Electronics market research reports by Euromonitor International
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South Korea Headphones
Headphones in South Korea The market for headphones in South Korea will see positive growth in retail volume terms in 2024, in contrast to the declines of the previous two years. TWS earbuds will be the key performance driver, with noise-cancelling features and superior sound quality driving their p ... Read More
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Portugal Portable Players
Portable Players in Portugal The ongoing popularity of wireless speakers helped to drive positive overall category performance in both volume and current value terms in Portugal in 2024. The subcategory offers a wide range of options with good sound quality at competitive prices, stimulating sales. ... Read More
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Saudi Arabia Headphones
Headphones in Saudi Arabia The popularity of wireless and true wireless headphones continues to grow in 2024, driven by the convenience of wireless connectivity and Bluetooth technology. Many people find true wireless headphones to be more stylish and visually appealing compared to traditional wirel ... Read More
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Israel Consumer Electronics
Consumer Electronics in Israel The Israeli economy saw a significant dip over the last quarter of 2023, dropping by nearly 20% according to the Bank of Israel. In line with most of 2023, the Israeli Government sought to get inflation under control, which by the end of 2023 saw a drop to just under 3 ... Read More
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Portugal Wearable Electronics
Wearable Electronics in Portugal Sales of wearable electronics in Portugal recovered in 2024, driven by promotional activities, new product launches and price reductions due to the introduction of new models. This resurgence was also fuelled by a growing interest in health and sports activities, mak ... Read More
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Morocco Imaging Devices
Imaging Devices in Morocco Volume sales of imaging devices in Morocco are expected to fall by over a fifth in 2024, with smartphones increasingly being used as a substitute. Smartphones today have high-quality cameras that are sufficient for the photography and video needs of the average consumer. F ... Read More
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Spain In-Car Entertainment
In-Car Entertainment in Spain The in-car entertainment industry in Spain is facing significant challenges, with retail volume sales expected to post a substantial decline in 2024, continuing the trend observed in previous years. This is a reflection of evolving consumer preferences and technological ... Read More
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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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