New Study: Philippines consumer electronics market to increase to US$5.2bn by 2013

PRLog (Press Release) - Dec 21, 2009 -
The Philippines' domestic consumer electronics devices market, defined as including computing devices, mobile handsets, and video audio and gaming products, was estimated to be worth around US$3.6bn in 2008. This is expected to increase to US$5.2bn by 2013, although a weaker global economy, and a slowdown in remittances, could affect sales in some product groups in 2009. Computers Computers accounted for around 40% of Philippine consumer electronics spending in 2008.  BMI forecasts Philippine domestic market computer sales (including notebooks and accessories) of US$1.3bn in 2009, up from US$1.2bn in 2008. Computer hardware CAGR for the 2008-2013 period is forecast at about 9%, with much growth coming from increasing PC penetration, which is about 4% currently. AV AV devices accounted for around 22% of Philippine consumer electronics spending in 2008. Philippine domestic AV device market was estimated at US$800mn. The market is expected to grow at a CAGR of 6% between 2008-2013, to a value of US$1.05bn in that year. Mobile Handsets Mobile handset sales accounted for around 38% of Philippine consumer electronics spending in 2008. Philippine market handset sales are expected to grow at a CAGR of 10% to 13.7mn units in 2013, as mobile subscriber penetration reaches 154%. Sales will be dominated by lower-priced mass market phones, but 3G subscriber numbers will rise to 14.2mn during the forecast period.

Report Table of Contents:

Executive Summary
- SWOT Analysis
- Philippines Consumer Electronics Market SWOT
- Philippines Electronics Industry SWOT
- Philippines Political SWOT
- Philippines Economic SWOT
- Philippines Business Environment SWOT
- Business Environment Ratings
Table: Regional Consumer Electronics Business Environment Ratings
- Consumer Electronics Market Overview
- Computers
Table: Computers - Demand
- AV
Table: AV: Demand
- Mobile Handsets
Table: Mobile Handsets - Demand
- Consumer Electronics Industry
Table: Electronics Output
- Semiconductors And Components
- Computers
Table: Computers - Production
- AV
Table: AV - Production (US$mn)
- Telecommunications
Table: Telecommunications - Production
- Industry Forecast Scenario
Table: Consumer Electronics Overview
- Industry Developments
- IT Education Agenda
- Macroeconomic Forecast
Table: Philippines - Economic Activity
- Competitive Landscape
- Country Snapshot: Philippines Demographic Data
- Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2007-2012 (US$)
Table: Average Annual Manufacturing Wages, 2004-2006
- BMI Methodology
- How We Generate Our Industry Forecasts
- Electronics Industry
- Sources


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