Chinese brands are gaining relevance in products in decline. Once penetration rates are achieved, products begin to lose mass consumer appeal and therefore cheaper variants are those which gain the most attention.
Colombian consumers, especially younger generations, are becoming increasingly accustomed to viewing audio-visual content on smaller devices. Though big-screen TVs are on the rise, portability still rules.
Global adoption of connected appliances continued to rise in 2021 and is seen to be following the same trajectory in 2022. This ongoing trend is also evolving, as manufacturers introduce smarter, more fully integrated devices which employ artificial intelligence (AI) and are plugged into an ecosystem of services - connectivity.
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Understand the latest market trends and future growth opportunities for the Home Audio and Cinema industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Audio and Cinema industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Audio and Cinema
Home audio and cinema consist of Audio Separates, Home Cinema & Speaker Systems, Hi-Fi Systems and Other Home Audio & Cinema.See All of Our Definitions
This report originates from Passport, our Home Audio and Cinema research and analysis database.
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