Consumer electronics in 2025: The big picture
Consumer electronics in Nigeria remains in a negative volume decline in 2025, due to the significant hikes in the prices of electronics, midst exchange rate volatility. The devaluation of the NGN has further eroded consumer purchasing power, leading to spikes in import costs and worsening inflationary pressures. Furthermore, many Nigerian consumers remain unemployed and even those with jobs are struggling, as their salaries are losing value. These challenging economic times are having an adverse effect on consumer purchasing power, with people prioritising their essential living expenses and needs. On the other hand, value growth is high due to the same high prices and the fact that some categories are faring better than others in consumer electronics overall.
2025 key trends
There are some exceptions to the volume declines in 2025. Whilst some categories are not regarded as a priority, others such as smartphones, smart wearable electronics, wireless headbands, TWS earbuds, wireless speakers, and televisions are seen as being more essential and/or needed to be replaced with new technology advancements.
Competitive landscape
Transsion Holdings, a Chinese manufacturer of mobile phones, known for its strong presence in emerging markets such as Africa, holds a strong leading overall company place in consumer electronics in Nigeria. Its Tecno brand also holds overall top brand place, and its portfolio also includes popular brands such as Itel and Infinix. Samsung Electronics SA (Pty) Ltd is the second-placed company overall, with another Chinese player, Xiaomi Corp, in third overall company place.
Channel developments
Appliances and electronics specialists is by far the strongest distribution channel for consumer electronics in Nigeria. This is because consumers want to see in real life and test the products they seek to buy, before making their final decision. Such outlets also offer in-store professional advice and aftersales services to consumers, enhancing consumer confidence in the channel. Furthermore, appliances and electronics specialists offer a wide variety of products and a one-stop location where consumers can shop for what they want with a wide range of choice across brands and price bands.
What next for consumer electronics?
Volume sales of consumer electronics are expected to creep back into low positive figures over the forecast period. Meanwhile, value sales will fall as unit prices gradually stabilise from the spikes currently seen. While value sales will remain high, the level will be more stable.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Electronics industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Computers and Peripherals
- In-Car Entertainment
- Home Audio and Cinema
- Home Video
- Imaging Devices
- Mobile Phones
- Portable Players
- Wearable Electronics
If you're in the Consumer Electronics industry in Nigeria, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Electronics in Nigeria report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Electronics in Nigeria?
- Which are the leading brands in Nigeria?
- How are products distributed in Nigeria?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Consumer Electronics in Nigeria
Consumer electronics in 2025: The big picture
2025 key trends
Competitive landscape
Channel developments
What next for consumer electronics?
DISCLAIMER
Computers and Peripherals in Nigeria
KEY DATA FINDINGS
Affordable second-hand products affect personal sales; however, businesses and government continue to show demand
HP maintains its lead with reliable and accessible products
Electronics and appliance specialists lead distribution for computers and peripherals
Volume sales will return to low positive growth, driven by stabilising economic conditions
Government policies promote digital technology adoption
Local production of laptops and tablets set to drive growth
In-Car Entertainment in Nigeria
KEY DATA FINDINGS
In-car entertainment remains in a negative slump, due to being deemed as a non-essential item
Alternative, cheaper brands eat into share of established brands such as leader Sony
Retain e-commerce leads distribution for in-car entertainment
In-car entertainment expected to see improving sales, driven by in-dash media players
Innovation will drive growth through interest in new products
A balance of high quality with affordability is key to sales
Home Audio and Cinema in Nigeria
KEY DATA FINDINGS
Home audio and cinema sees flat growth, with baseline demand supported by urbanisation
LG remains the leading brand, with Hisense tipped as one to watch
Direct-to-consumer sales ensure electronics and appliance specialists remain the dominant channel
Home audio and cinema set to experience marginal growth driven by soundbars
Brands set to increase R&D and open new branded stores over the forecast period
AI-enhanced and value-driven products will reach a wider market
Home Video in Nigeria
KEY DATA FINDINGS
TVs display positive growth amid increasing housing projects and consumers seeking high quality picture capacity
Hisense maintains its lead thanks to offer of affordability alongside product innovation
Electronics and appliance specialists remain the leading channel for distribution
Volume sales expected to show steady growth over the forecast period
Increased innovation and the incorporation of AI into TVs expected
Increasing smart features and internet penetration will be another key area of innovation
Wireless Headphones in Nigeria
KEY DATA FINDINGS
Wireless headphones display positive growth driven by TWS earbuds
Oraimo Technology leads wireless headphones through media campaigns and price discounts
Electronics and appliances specialists lead distribution through branded stores
Wireless headphones will see ongoing growth, driven by TWS earbuds
TWS earbuds with ANC will become more prevalent in the forecast period
More smartphone manufacturers are expected to enter the market in the coming years
Imaging Devices in Nigeria
KEY DATA FINDINGS
Imaging devices continue to see declines as consumers turn to multi-use products
Cannon maintains its leading place, with other brands releasing new technology
Electronics and appliances specialists continue to lead distribution
Volume sales of imaging devices to remain in a slump, due to ongoing competition from multi-use smartphones
Camera manufacturers set to innovate to remain relevant
Affordable, high-performance cameras will become the focus point
Mobile Phones in Nigeria
KEY DATA FINDINGS
Smartphones see growth driven by entry level and mid-range models
Transsion Holdings maintains lead in mobile phones and consumer electronics overall
Financing schemes help electronics and appliance specialists maintain distribution lead
Ongoing smartphone will be driven by such devices’ multi-purpose capacity
Entry-level and mid-range phone models will continue to lead growth
Government policy on digital inclusion and innovation among manufacturers will support sales
Portable Players in Nigeria
KEY DATA FINDINGS
Wireless speakers drive robust growth within portable players
Zealot Digital maintains its leading place through its strong position in wireless speakers
Electronics and appliance specialists maintain leading channel place
Wireless speakers will continue to drive growth within portable players
Ongoing innovations expected in wireless speakers
The market will remain competitive, as brands look to capitalise on the growing wireless speaker trend
Wearable Electronics in Nigeria
KEY DATA FINDINGS
Lifestyle trends result in robust volume growth for wearable electronics
Oraimo Technology leads wearable electronics with new product launches
Retail e-commerce is the leading channel for wearable electronics
Wearable electronics will see ongoing sales, driven by smart wearables
Smart wearables will become essential within the broader digital health ecosystem
AI set to drive new product developments
The following categories and subcategories are included:
Consumer Electronics
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- Desktops
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- Laptops
- Tablets
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- Monitors
- Printers
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- In-Car Navigation
- In-Car Speakers
- In-Dash Media Players
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- Audio Separates
- Digital Media Player Docks
- Hi-Fi Systems
- Home Cinema and Speaker Systems
- Speakers
- Other Home Audio and Cinema
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- Analogue TVs
- LCD TVs
- OLED TVs
- Plasma TVs
- Other TVs
- TV Combis
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- BD Players
- DVD Players
- Video Recorders
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- Mass Wireless Headbands
- Premium Wireless Headbands
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- Mass Wireless Earphones
- Premium Wireless Earphones
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- Mass TWS Earbuds
- Premium TWS Earbuds
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- Digital Cameras
- Digital Camcorders
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- Feature Phones
- Smartphones
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- E-Readers
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- Portable Multimedia Players
- Other Portable Media Players
- Wireless Speakers
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- Activity Bands
- Activity Watch (Analogue)
- Activity Watch (Digital)
- Smart Wearables
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Consumer Electronics
Consumer Electronics refers to the sales of Computers and Peripherals, In-Home Consumer Electronics, In-Car Entertainment and Portable Consumer Electronics to the end consumer.
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This report originates from Passport, our Consumer Electronics research and analysis database.
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