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Follow on Google News | New Market Report Now Available: Colombia Consumer Electronics Report Q3 2011Recently published research from Business Monitor International, "Colombia Consumer Electronics Report Q3 2011", is now available at Fast Market Research
Following the bounce-back in 2010, BMI is now more bullish about consumer demand due to the upbeat prospects for credit growth and a likely decline in persistently high unemployment levels. We expect general credit conditions to gradually and this will help fuel further spending on consumer electronics products. Continued growth in spending should see per capita consumer electronics spend reach US$123 by 2015. Computers Computer hardware accounted for around 33% of Colombia's consumer electronics spending in 2010, with PC penetration at around 12%. BMI forecasts Colombia's domestic market computer hardware sales (including notebooks and accessories) ------------------------------------------------------------ Full Report Details at - http://www.fastmr.com/ ------------------------------------------------------------ AV Devices AV devices accounted for around 48% of Colombia's consumer electronics spending in 2010. Colombia's domestic AV devices market is projected at US$1.9bn in 2011. Sales of digital TV sets and digital cameras are projected to drive AV spending growth at a projected CAGR of 9.7% between 2011 and 2015. In 2010, the Colombian government confirmed the selection of the European DVB standard for its migration to digital broadcasting, which is currently due to be completed by 2019. Mobile Handsets Mobile handset sales accounted for around 20% of Colombia's consumer electronics spending in 2010. Colombia's market handset sales are expected to grow at a CAGR of 15.4% to US$1.5bn in 2015, as mobile subscriber penetration passes 100%. Many first-time buyers will be in the rural regions of the country where income are lower, meaning growth is likely to be slower from now on. Sales will be dominated by the low-tier segment, but with stronger than expected growth in 3G subscriptions, there will be increasing demand for more sophisticated feature phones. Report Table of Contents: SWOT Analysis - Colombia Consumer Electronics Market SWOT - Colombia Political SWOT - Colombia Economic SWOT - Colombia Business Environment SWOT Business Environment Ratings Consumer Electronics Market - Computers - Table: PC Sales, 2008-2015 ('000, unless otherwise stated) - AV Devices - Table: AV Sales, 2008-2015 (US$mn, unless otherwise stated) - Mobile Handsets - Table: Mobile Communications, 2008-2015 Industry Forecast Scenario - Consumer Electronics Market - Table: Consumer Electronics Overview, 2008-2015 (US$mn) - Macroeconomic Outlook - Table: Colombia - Economic Activity, 2008-2015 Competitive Landscape - Computers - Handsets - AV BMI Methodology - How We Generate Our Industry Forecasts - Electronics Industry - Sources About Business Monitor International 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/ 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. # # # 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. End
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