Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
In 2023, the mobile phones category in India witnessed decline in retail volume terms, due to lower demand for feature phones that face fierce competition from smartphones. Limited innovation and unfavourable macroeconomic conditions have also…
Demand for smartphones in Hong Kong was already declining prior to the pandemic, due to saturation in the local market with over a 100% penetration rate. However, as a result of the pandemic, the declines were exacerbated by supply chain challenges…
After a period of retail volume decline, sales of mobile phones in China returned to growth in the second half of 2023, and the category is expected to see a positive performance in 2024 overall, with solid growth anticipated in volume terms, and…
Unlike in some markets, demand for in-car entertainment in Vietnam remains positive, although penetration and growth rates are fairly low. The Vietnam Automobile Manufacturers Association reported a 25% decline in new car sales in 2023 compared to…
In 2024, in-car entertainment in the Philippines witnessed an uptick in consumer demand for advanced in-dash media players. In-car entertainment is important when driving, since locals often spend long periods driving and stuck in traffic. These…
In-car entertainment in Thailand is expected to show a continued downward trend in retail volume terms in 2024. Demand for in-car navigation systems has been negatively impacted by the rise of smartphones and the increasing sophistication of popular…
Car sales witnessed significant increases in the retail category in Taiwan in 2024, due to the resolution of chip insufficiency issues. However, in-car entertainment struggled to gain traction in 2024 and continued registering a decline in both…
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,…
In-car entertainment in Singapore is expected to remain one of the smallest categories within consumer electronics in 2024, and also maintain its long-standing declining trend in retail volume terms. This is mainly because more people are using…
Retail sales of in-car entertainment in Malaysia saw an accelerated decline in both volume and current value terms towards the end of the review period, in spite of rising levels of new car ownership. Tax incentives were a key contributor to new car…