Consumer Electronics Retail in Colombia
SummaryConsumer Electronics Retail in Colombia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Consumer electronics retail market includes the sales of communications equipment, computer hardware and software, consumer electronics, household appliances, and photographic equipment. The market value represents the retail sales value of consumer electronics.
- The Colombian consumer electronics retail market recorded revenues of $4.8 billion in 2024, representing a compound annual growth rate (CAGR) of 0.7% between 2019 and 2024.
- The communications equipment segment accounted for the market's largest proportion in 2024, with total revenues of $1.7 billion, equivalent to 35.7% of the market's overall value.
- The growth of the Colombian consumer electronics retail market is driven by the rise in GDP growth, which has significantly enhanced consumer confidence and broadened the consumer base. According to the National Administrative Department of Statistics (DANE), in 2024, the real GDP in Colombia recorded an annual growth of 1.7%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the consumer electronics retail market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the consumer electronics retail market in Colombia
- Leading company profiles reveal details of key consumer electronics retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Colombia consumer electronics retail market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Colombia consumer electronics retail market by value in 2024?
- What will be the size of the Colombia consumer electronics retail market in 2029?
- What factors are affecting the strength of competition in the Colombia consumer electronics retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Colombia's consumer electronics retail market?
MarketLine, a world-leading provider of commercial intelligence, has over 400 experienced analysts, consultants, and researchers with regional and sector expertise in market sizing, competitor tracking, socio and macro economics, and business drivers.
For more than 15 years MarketLine has supported the research needs of investment banks, corporations, professional services firms, and academia with a unique mix of company, industry, country, city and financial data for every major industry and marketplace.
MarketLine’ holistic business intelligence report collection includes:
Industry Intelligence
‒ Industry Profiles
‒ Market Forecasts
‒ Porter’s Five Forces Analysis
Company Intelligence
‒ Company Profiles
‒ SWOT Analysis
‒ Financial Deals
Country and City Intelligence
‒ Country and City Profiles
‒ PEST/PESTLE Analysis
‒ Socio and macro-economic indicators
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.