Search Reports:
  Search
spacer
MORE INFORMATIONarrow
Not sure this is the report that you need? Have questions about the report before purchasing? We're here to help!
HOW TO ORDERarrow
Ordering reports couldn't be easier. Select the license for your needs, click Order Now, and complete our streamlined checkout process. We accept major credit cards, wire/bank transfers, and checks.

MC, Visa, AMEX, Diners, Discovery, JCB
MORE OPTIONSarrow
ABOUT THE PUBLISHERarrow
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 Daily Alerts, monthly regional Insights, and in-depth quarterly Country Forecast Reports.

Russia Consumer Electronics Report Q1 2014

Published by Business Monitor International on Jan 20, 2014 - 80 pages
PDF - Download Now with 3 Quarterly Updates format - Download Now
License Options Question

Report Abstract Table of Contents Request Details
Over the medium term the Russian consumer electronics market is expected to increase at a compound annual growth rate of 7.1%, driven by the growing popularity of digital lifestyle products like smartphones, digital TV sets, tablets, digital cameras and hybrids/ultra-thin notebooks. Although the preference for low cost Android tablets is a constraint on value growth in the PC market, unit growth remains robust. Meanwhile, the planned roll-out of digital TV broadcasting to 95% of Russian citizens by 2015 and investment in 3G and 4G mobile communications infrastructure will boost spending. The market should receive a further boost following WTO entry, confirmed in August 2012, with import taxes of 5-15% expected to be lowered within three years.

Headline Expenditure Projections

Computer Hardware Sales: US$10.4bn in 2012 to US$10.6bn in 2013, +3.1% in US dollar terms. There was a steep decline in desktop and notebook sales in 2013, but growth in tablet sales compensated in unit terms. However, with consumers opting for low cost Android tablets growth in market value is failing to keep pace with unit growth.

AV Sales: US$8.2bn in 2012 to US$8.8bn in 2013, +6.7% in US dollar terms. Forecast in US dollar terms unchanged, with flat-screen TV set sales the main growth area but we believe next generation games consoles will provide a boost in 2014.

Handset Sales: US$6.6bn in 2012 to US$7.5bn in 2013, +13.3% in US dollar terms. The handset semgnet is the most dynamic in the consumer electronics market with increased adoption of smartphones driving value growth.






Copyright © 2014 Fast Market Research, Inc.