Mexico: media devices sales 2023, by segment

Concerning the five selected segments, the segment Televisions has the largest revenue with 2.25 billion U.S. dollars. Contrastingly, Radios is ranked last, with 0.25 billion U.S. dollars. Their difference, compared to Televisions, lies at two billion U.S. dollars.

Find other insights concerning similar markets and segments, such as a ranking by country regarding revenue in the headphones segment of the consumer electronics market and a ranking by country regarding revenue in the smartphones segment of the consumer electronics market.

The Statista Market Insights cover a broad range of additional markets.

TV, radio, and multimedia sales revenue in Mexico in 2023, by segment (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The TV, Radio & Multimedia segment covers a wide range of electronic products that are used to play, record, and manipulate sound and images, such as televisions, radios, digital cameras, speakers, and headphones. The technology used in these devices continues to advance, including innovations in high-resolution displays, advanced audio technologies, and AI-powered smart home systems. There is also an increasing tendency towards integration and wireless and mobile technologies. The demand for multi-functional devices, such as smart speakers with voice control and smart TVs with built-in streaming services, continues to rise.

Structure:

The TV, Radio & Multimedia segment can be broken down into several product categories:

Televisions: This category includes devices for displaying video content, including traditional televisions, LCD and LED televisions and smart TVs.
Radios: This category encompasses traditional radios as well as internet radios, which offer access to digital and online content.
Digital Cameras: This category includes devices used to capture still and video images, including point-and-shoot cameras, mirrorless cameras, and DSLR cameras.
Speakers: This category encompasses a wide range of audio playback devices, including stereo speakers, soundbars, and smart speakers.
Headphones: This category includes devices for personal audio playback, including wired and wireless headphones, earbuds, and noise-cancelling headphones.

Additional Information:

The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Samsung, LG, Huawei, Sony, Bose and Sennheiser. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

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