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Colombia Consumer Electronics Report Q4 2014 - New Report Available [ClickPress (UK)]
[September 18, 2014]

Colombia Consumer Electronics Report Q4 2014 - New Report Available [ClickPress (UK)]


(ClickPress (UK) Via Acquire Media NewsEdge) [ClickPress, Wed Sep 17 2014] Prominent trends in the Colombian consumer electronics market, for instance booming smartphone and tablet volumes , will be supplemented by a boost to LCD TV sales due to the 2014 World Cup. Conditions are right for strong growth to continue beyond 2014, with a burgeoning middle class and private sector credit growth , which will stimulate household consumption , and as incomes rise an increasing share of spending will go on consumer devices. This will allow vendors to tap into the relatively low penetration rates in key device categories such as PCs, smartphones and flat-panel TVs. Additionally, the government and telecoms operators are promoting the development of wireless and wireline data network infrastructure, which will add to demand for connected devices such as tablets, smartphones and smart TVs.



Full Report Details at - http://www.fastmr.com/prod/872580_colombia_consumer_electronics_report_q4_2014.aspx?afid=301 Headline Expenditure Projections * Computer Hardware Sales: USD1.45bn in 2013 to USD1.53bn in 2014; +5.7% in US dollar terms. Tablets will be the outperforming device category again in 2014, but the announcement from Microsoft that it was cutting OS licensing fees on low-cost devices has boosted the notebook outlook.

* AV Sales : USD1.75bn in 2013 to USD1.87bn in 2014; +6.8% in US dollar terms. Flat-panel and Smart TV sets the main growth area as consumers upgrade their old models ahead of the World Cup, but we expect growth to plateau with next generation OLED and 4K TVs far out of reach of mass market consumers.


* Handset Sales : USD1.42bn in 2013 to USD1.69bn in 2014; +18.5% in US dollar terms. Booming smartphone volumes are driving increases in market value as users migrate to higher value handsets.

Key Trends And Developments The mobile handset market in Colombia is booming, with smartphone penetration rising sharply since mid-2012 as device prices have declined. The increasing share of smartphones in the handset sales mix has boosted market value - but there has also been a shift in competitive dynamics. Early market leaders such as The Colombia Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Colombia.

About Fast Market Research Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports: - Argentina Consumer Electronics Report Q4 2014 - Philippines Consumer Electronics Report Q4 2014 - Mexico Consumer Electronics Report Q4 2014 - Serbia Consumer Electronics Report Q4 2014 - Indonesia Consumer Electronics Report Q4 2014 (c) 2014 ClickPress Provided by SyndiGate Media Inc. (Syndigate.info).

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