In-car entertainment has no future in Colombia unless it witnesses radical innovation. Negative growth will be widespread throughout all product areas for the entire forecast period.
Smartphones stands as the main menace facing in-car entertainment. Smartphones can more or less replace all product areas within in-car entertainment, offering similar or sometimes superior functionality.
In-car entertainment product areas, unlike elsewhere in consumer electronic, are mostly found outside of retail channels such as supermarkets and specialised technology stores, since their display involves a lot of space. Due to the particularities of the products, they do not generate profits compared to the cost of the space invested in their display.
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Understand the latest market trends and future growth opportunities for the In-Car Entertainment 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 In-Car Entertainment 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.
In-car Entertainment consists of In-Dash Media Players, In-Car Navigation, and In-Car Speakers.See All of Our Definitions
This report originates from Passport, our In-Car Entertainment research and analysis database.
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