The rate of growth in retail volume sales of wireless speakers will remain in double digits throughout the forecast period due to the ongoing popularity of music streaming, but it will steadily decelerate as demand matures. Within wireless speakers, smart speakers from the likes of Amazon, Google and Apple will continue to grow in popularity.
Even before the beginning of the review period, e-commerce had overtaken electronics and appliance specialist retailers as the leading distribution channel for portable players. The shift to the former has been accelerated by the pandemic and Best Buy’s decision to close to all of its stores in Mexico to concentrate on internet retail.
Retail volume sales of portable media players will continue to decline at a double-digit annual rate throughout the forecast period. During the forecast period as a whole, retail volume sales of these devices will almost half.
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Understand the latest market trends and future growth opportunities for the Portable Players industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Consist of E-Readers and Portable Media Players.See All of Our Definitions
This report originates from Passport, our Portable Players research and analysis database.
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