Product Code: ETC012024 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Colombia Smartphone market currently, in 2023, has witnessed an HHI of 6679, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
According to 6Wresearch, the smartphone market in Colombia is projected to reach US$4.9 billion by 2026. This would represent a significant growth of 4.8% compared to 2020 when it was valued at US$4.6 billion and an increase of 10.1% from 2019 when it totaled US$3.6 billion dollars.
In 2020, Samsung was the leading smartphone brand in Colombia with 30.1 percent share of total sales followed by Apple (17%), Huawei (11%) and Motorola (9%). The top three brands together accounted for more than 50 percent of all smartphones sold that year which shows how competitive this segment is in Colombia as well as other Latin America countries such as Brazil and Mexico where these three players are also strong contenders for market lead position in their respective markets.
Colombia ranks first among Central America countries in terms of its mobile phone penetration rate, with 96 % according to 6Wresearch report from 2019/2020 edition . This high level of penetration has contributed significantly towards driving up demand within the country`s smartphone industry over recent years, helping propel players like Apple and Samsung into leadership positions within this highly contested space
Looking ahead, analysts predict that 5G technology will be key driver behind future growth amongst Colombian consumers over coming years given its potential for increased speed and improved connectivity across various networks throughout the region . Additionally , new technologies such as Artificial Intelligence (AI) may create new opportunities for companies operating here allowing them to offer customers more personalized user experiences through tailored products or services.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Smartphone Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Smartphone Market Revenues & Volume, 2019 & 2026F |
3.3 Colombia Smartphone Market - Industry Life Cycle |
3.4 Colombia Smartphone Market - Porter's Five Forces |
3.5 Colombia Smartphone Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Colombia Smartphone Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Colombia Smartphone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Colombia Smartphone Market Trends |
6 Colombia Smartphone Market, By Types |
6.1 Colombia Smartphone Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Smartphone Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Colombia Smartphone Market Revenues & Volume, By Android, 2016 - 2026F |
6.1.4 Colombia Smartphone Market Revenues & Volume, By iOS, 2016 - 2026F |
6.1.5 Colombia Smartphone Market Revenues & Volume, By Windows, 2016 - 2026F |
6.1.6 Colombia Smartphone Market Revenues & Volume, By Blackberry Operating System , 2016 - 2026F |
6.1.7 Colombia Smartphone Market Revenues & Volume, By Other , 2016 - 2026F |
6.2 Colombia Smartphone Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Colombia Smartphone Market Revenues & Volume, By OEM, 2016 - 2026F |
6.2.3 Colombia Smartphone Market Revenues & Volume, By Retailer, 2016 - 2026F |
6.2.4 Colombia Smartphone Market Revenues & Volume, By e-Commerce, 2016 - 2026F |
7 Colombia Smartphone Market Import-Export Trade Statistics |
7.1 Colombia Smartphone Market Export to Major Countries |
7.2 Colombia Smartphone Market Imports from Major Countries |
8 Colombia Smartphone Market Key Performance Indicators |
9 Colombia Smartphone Market - Opportunity Assessment |
9.1 Colombia Smartphone Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Colombia Smartphone Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Colombia Smartphone Market - Competitive Landscape |
10.1 Colombia Smartphone Market Revenue Share, By Companies, 2019 |
10.2 Colombia Smartphone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |