Consumer Electronics

In 2024, wearable electronics is poised for retail volume growth in the US, with growth amongst the major players driven primarily by Garmin and Apple in smart wearables. Garmin’s Venu 3 smartwatch stands out for its commitment to inclusivity,…

Wearable electronics in Canada is projected to return to retail volume growth in 2024, led by smart wearables, after declines in 2022 and inflation-impacted 2023. However, a further decline is expected for activity bands as consumers continue to…

Technological advances in 2024 will continue to reshape consumer behaviour. This annual report explores the top five digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this report’s edition…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

The COVID-19 pandemic has brought about significant changes in business models and consumer behaviour, as well as altering the ways and the geography many of us live, work, study and play. Understanding what changes will stick after the pandemic…

The decline in retail volume sales of portable players expected to be observed in the US in 2024 can primarily be attributed to the sustained decrease in sales within the other portable media players category. This particular category is set to…

Overall, retail volume sales of portable players in Canada are projected to decrease only slightly in 2024. This is due to the anticipated very marginal increase in retail volume sales of the dominant category, wireless speakers, as e-readers and…

The global economy is facing weaker growth and increasing fragmentation, as a result of rising geopolitical tensions, especially due to the war in Ukraine and the US-China strategic rivalry. Protectionism, industrial policy and a focus on resilience…

Smartphones in the US is set to see low retail volume growth in 2024, after a difficult couple of years. Despite continuous innovation and the release of new models by major smartphone manufacturers, there is an emerging trend of consumers in the US…

Mobile phones in Canada is set to arrest two years of strong declines in retail volume sales with a moderate increase in 2024. This is due to a rebound in smartphones, as retail volume sales of feature phones are projected to continue to see a…

In-car navigation is set to see a double-digit retail volume decline in the US in 2024. This can be attributed to the rapid proliferation and advance of embedded navigation systems within modern vehicles, as well as the widespread adoption of…

In-car entertainment in Canada is projected to continue to see a decline in retail volume sales in 2024. Multiple factors are driving a reduced demand for in-car entertainment in the market. For example, the rate of car ownership in Canada in 2024 is…

In 2024, consumer spending on digital cameras in the US has remained cautious amidst persistent economic uncertainty, with retail volume sales expected to continue to decline. The broader economic landscape and shifting consumer spending behaviours…

Imaging devices in Canada continue to lose favour and suffer steep declines in demand. For example, in 2024, digital cameras is projected to see an even faster decline compared to the decreases suffered earlier in the review period. The wide consumer…

One trend in home video in the US in 2024 has been the rising popularity of cheaper Chinese brands of televisions, particularly in LCD TVs, with this category set to return to retail volume growth. As consumers have become more cost-conscious amidst…

Within home video in Canada, retail volume sales of televisions are set to see a moderate increase in 2024 following three years of strong decline. Demand is being boosted by upgrade cycles as consumers replace their older generation TVs. This is…

In home audio and cinema in the US market, traditional categories such as audio separates, digital media player docks, hi-fi systems, and non-wireless speakers continue to offer high-fidelity audio experiences, but face challenges achieving growth…

Home audio and cinema in Canada is projected to continue on its downward trajectory in terms of retail volume sales in 2024. The consumer demand for second-hand and pre-owned audio products is trending, further reducing the demand for home audio…

True wireless (TWS) earbuds is set to see the strongest retail volume growth within headphones in the US in 2024. However, continued bifurcation is anticipated in this category in 2024, with growth concentrated at the lower and higher ends of the…

TWS earbuds is set to continue to see the highest retail volume growth in headphones in Canada in 2024. Local consumers continue to shift to TWS technology in search of the convenience and high-quality listening experience perceived to be offered by…