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New Market Report Now Available: Pakistan Consumer Electronics Report Q4 2011

Fast Market Research recommends "Pakistan Consumer Electronics Report Q4 2011" from Business Monitor International, now available

 
PRLog - Sep. 11, 2011 - Pakistan's consumer electronics market, defined as including computing devices, mobile handsets and  AV products, is projected to be worth about US$1.8bn in 2011. This is expected to increase to US$3.0bn  by 2015, driven by a rising population and growing affordability. In 2011spending on high-cost consumer  durables such as TV sets will be affected by inflation and rising interest rates. A weak economy has  impacted demand for mobile services, and market development will depend on government action to  reduce the inflow of illegally imported TV sets and fake brand mobile handsets.  Growth should be driven, however, by improved ICT infrastructure and more credit availability. The  market's considerable potential is currently depressed by a large grey market, poor IP protection, an  unstable economic and security situation, and weak distribution channels. Reforming high national and  provincial taxes and tariffs on products ranging from computers to prepaid mobile cards would boost the  market.  Computers  Computers accounted for about 20% of  Pakistan's consumer electronics spending in  2010. BMI forecasts Pakistan's domestic  market computer hardware sales (including  notebooks and accessories) of US$312mn in  2011, up from US$292mn in 2010.  Computer hardware CAGR for the 2011-  2015 period will be about 8%. The proposed  abolition in the Pakistan 2010-2011 budget  of general sales tax (GST) on imported  computers should boost the market.  However, the government denied plans to  introduce a ban on imports of used  computers and accessories.      AV devices accounted for about 39% of  Pakistan's consumer electronics spending in  2010. Pakistan's domestic AV device  market is projected at US$645mn in 2011.  The market is expected to grow at a CAGR  of 13% between 2010-2015, to a value of  almost US$1.1bn in 2015. TV sets remain  the core product in this category, but the  growing availability of smuggled colour TV  sets is a market inhibitor.  Mobile Handsets  Pakistan's market handset sales are expected to grow at a CAGR of 16% to 29.5mn units in 2015, as  mobile subscriber penetration reaches 70%. Revenues growth will be slower due to lower average selling  prices (ASPs) of mobile handsets, with most  handsets sold at less than US$40. Another  issue is the declining growth rate of mobile  subscriber penetration, which is now more  than 60%. 3G licences are still expected to  be awarded in 2011, but Pakistan's telecoms  regulator has yet to confirm this
About Business Monitor International

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Full Report Details at
- http://www.fastmr.com/prod/217224_pakistan_consumer_elect...
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Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Tags:mobile, computer, TV, electronics, av, Computers, cagr, handsets, handset, weak
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