United Kingdom

Since 2018, the competitive landscape of imaging devices among the leaders has remained unchanged, with Canon and Sony as the leading brands of digital cameras and GoPro the most popular brand of digital camcorders. However, in 2023, the environment…

In-car entertainment continues to face various challenges in 2023. First of all, most new models of cars offer built-in navigation, high-quality sound systems and media players. This is especially true of electric vehicles, which are driving growth…

Retail volume sales of mobile phones continue to decline in 2023, although the fall in demand for smartphones is much lower in the first half of the year compared to 2022’s double-digit drop. The main factors behind the decline are ongoing…

In 2023, overall demand for portable players in the UK remains flat, despite significant declines for e-readers and portable media players. The falling demand for e-readers is being driven by local consumers switching to physical books, with the…

Demand for wearable electronics continues to rise 2023 despite high inflation and the increasing cost of living in the UK, which is negatively impacting consumers’ disposable incomes and therefore, their purchasing decisions. However, this growth is…

The UK’s most economically vibrant cities in terms of GDP per capita are London and Edinburgh, while Brighton has the highest potential for future economic growth. Portsmouth, on the other hand, is anticipated to experience the fastest increase in…

The UK is projected to experience a slight increase in the number of households between 2022 and 2027, with single-person households maintaining their position as the leading type. In 2022, household spending was impacted by a 9.1% inflation rate,…

The UK’s population is ageing, and more people are choosing to live child-free. By 2040, Millennials (aged 45-60 years) will be the largest demographic, surpassing Baby Boomers. To cope with rising costs, consumers actively seek bargains, although…

Inflationary pressures are expected to hinder real disposable income growth and diminish purchasing power in the near future. Nevertheless, the government is implementing measures to protect vulnerable households amidst the cost-of-living crisis.…

In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…